Director Shareholding

Glanbia PLC
2 July 2002


Name of Company :                Glanbia plc

Date of Release :                2 July 2002

Contact :                        John Roche

Glanbia plc

Telephone : [phone]


Glanbia plc


Glanbia plc ('the Company') announces that Mourant & Co. Trustees Limited, as
trustee of the Glanbia Employees' Share Trust, has purchased ordinary shares in
the Company in the market as follows:

Number of shares acquired:                                475,000

Percentage of issued class:                               0.1624%

Class of security:                                        Ordinary €0.06

Price per share:                                          €1.5228

Date of transaction:                                      27 June 2002

Date Company informed:                                    1 July 2002

Total holding following this notification:                475,000

Total percentage holding following this notification:     0.1624%

For the purposes of section 53 of Companies Act, 1990 please note that GJ
Meagher, JJ Moloney and WG Murphy are deemed to be interested in the shares
which are the subject of this notification by virtue of section 54 of Companies
Act, 1990.


For further information, please contact :-


John J. Roche,

Deputy Group Secretary,

Glanbia plc,

Glanbia House,

Kilkenny.

Telephone : [phone]

2 July 2002

ENDS.


                      This information is provided by RNS
            The company news service from the London Stock Exchange