Director Shareholding

Wolseley PLC
4 May 2001

WOLSELEY PLC - DIRECTOR SHARE OPTION GRANT


4 May 2001


Ordinary shares of 25p each


Wolseley plc hereby notifies that following the appointment of Mr Charles A.
Banks as Group Chief Executive, announced on 2 May 2001, Mr Banks was granted
an option over 400,000 ordinary shares at 468p per share on 3 May 2001,
pursuant to the Wolseley plc executive share option scheme.



For and on behalf of Wolseley plc



Edward Parker

Assistant Company Secretary