Director Shareholding

Great Universal Stores PLC 10 May 2001 INTERESTS IN SHARES The Great Universal Stores P.L.C. has received a notification dated 9 May, pursuant to Sections 198 to 208 of the Companies Act 1985, from Lazard Asset Management. The notification advises that, as of 8 May 2001, Lazard Freres & Co. LLC, doing business as Lazard Asset Management, and its subsidiaries held a material interest in 39,155,192 ordinary shares of 25p each in this Company. This holding represents 3.891% of the issued ordinary share capital of the Company. The Company also announces that, in connection with the introduction of an SAYE Share Options Scheme ('Sharesave'), options have been granted to directors of the Company as set out in the schedule below. Following this notification, options are held by directors over 652,402 ordinary shares of 25p each in this Company. DIRECTORS' SHARE OPTIONS Name of Director Date of Grant Period during or Amount paid Number of Exercise date on which for grant Shares Price options are of option exercisable Sir Victor Blank 9.2.01 1.5.06 to 31.10.06 NIL 4,394 384p Lord Harris of Peckham 9.2.01 1.5.04 to 31.10.04 NIL 2,522 384p Mr T Duddy 9.2.01 1.5.06 to 31.10.06 NIL 4,394 384p Mr J W Peace 9.2.01 1.5.06 to 31.10.06 NIL 4,394 384p Lady Patten of Wincanton 9.2.01 1.5.04 to 31.10.04 NIL 2,522 384p Mr D A Tyler 9.2.01 1.5.06 to 31.10.06 NIL 4,394 384p Mr O H J Stocken 9.2.01 1.5.06 to 31.10.06 NIL 4,394 384p

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Gusbourne (GUS)
UK 100

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