Director Shareholding

Grainger Trust PLC 8 August 2003 DEALINGS BY DIRECTORS 1) NAME OF COMPANY GRAINGER TRUST PLC 2) NAME OF DIRECTOR STEPHEN DICKINSON 3) Please state whether notification indicates that it is in respect of holding of the shareholder named in 2 above or in respect of a non-beneficial interest or in the case of an individual holder if it is a holding of that person's spouse or children under the age of 18 or in respect of an non-beneficial interest 4) Name of the registered holder(s) and, if more than one holder, the number of shares held by each of them. (If notified) 5) Please state whether notification relates to a person(s) connected with the Director named in 2 above and identify the connected person(s) 6) Please state the nature of the transaction. For PEP transactions please indicate whether general/single co PEP and if discretionary/non discretionary 7) Number of shares/amount of stock acquired 8) (N/A %) of issued Class 9) Number of shares/amount of stock disposed 10) ( N/A %) of issued Class 11) Class of security 12) Price per share 13) Date of transaction 14) Date company informed 15) Total holding following this notification 16) Total percentage holding of issued class following this notification IF A DIRECTOR HAS BEEN GRANTED OPTIONS BY THE COMPANY PLEASE COMPLETE THE FOLLOWING BOXES 17) Date of grant 8/8/03 18) Period during which or date on which exercisable 1/9/08 - 1/3/09 19) Total amount paid (if any) for grant of the option - 20) Description of shares or debentures involved: class, number. 1,708 25P ORDINARY SHARES 21) Exercise price (if fixed at time of grant) or indication that price is to be fixed at time of exercise £9.323 22) Total number of shares or debentures over which options held following this notification 1,708 23) Any additional information OPTIONS GRANTED UNDER INLAND REVENUE APPROVED SAYE SCHEME 24) Name of contact and telephone number for queries G J DAVIS 0191 2611819 25) Name and signature of authorised company official responsible for making this notification Date of Notification 8/8/2003 This information is provided by RNS The company news service from the London Stock Exchange

Companies

Grainger (GRI)
UK 100

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