Director Declaration

Grainger Trust PLC
2 March 2005


To RNS

Further to our announcement on 24 February 2005 regarding the appointment of 
Bill Tudor John as a non-executive director below for your information is the 
director's particulars form signed by Mr Tudor John.


                        Directors' Particulars for RNS
                        ------------------------------

•    Details of all directorships held by the individual in any other publicly 
     quoted company at any time in the previous five years, indicating whether 
     or not the  individual is still a director.

     Woolwich PLC - Resigned October 2000


•    Any unspent convictions in relation to indictable offences. 

     None


•    Details of any bankruptcies or individual voluntary arrangements. 

     None


•    Details of any receiverships, compulsory liquidations, creditors voluntary 
     liquidations, administrations, company voluntary arrangements or any 
     composition or arrangement with its creditors generally or any class of its 
     creditors of any company where the individual was a director with an 
     executive function at the time of or within the 12 months preceding such 
     events.

     None


•    Details of any compulsory liquidations, administrations or partnership 
     voluntary arrangements of any partnerships where the individual was a 
     partner at the time of or within 12 months preceding such events.

     None


•    Details of receiverships of any asset of such individual or a partnership 
     of which the individual was a partner at the time of or within the 12 
     months preceding such event.

     None


•    Details of any public criticisms of the individual by statutory or 
     regulatory authorities (including recognised professional bodies) and 
     whether such individual has ever been disqualified by a court from acting 
     as a director of a company or from acting in the management or conduct of 
     the affairs of any company.

     None


If there is no information to be disclosed in relation to any of the above 
paragraphs, that fact should be specifically stated.

I confirm for the purposes of the required notification to RNS the information 
concerning myself set out above.

W. Tudor John

Dated:     24 February 2005


                      This information is provided by RNS
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