Additional Listing

Grainger Trust PLC
6 December 2004


Grainger Trust plc

Pursuant to the above-named Company's Inland Revenue Approved Executive Share 
Option Scheme options over 10,273 Ordinary Shares of 25p each have been 
exercised. Accordingly, application has been made to the UK Listing Authority 
for these shares to be admitted to the Official List and to the London Stock 
Exchange for these shares to be admitted to trading. The Shares rank pari passu 
with the existing issued shares of the Company.


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