Director Shareholding

Hammerson PLC
23 March 2001

 
On 16 March 2001 allocations of shares by way of the grant of nil cost
options were made, in accordance with the terms of the Deferred Share Plan,
to executive directors and senior executives. These options may be exercised
after a period of three years with the number of shares over which such
options can be exercised being dependent on the level of achievement of
financial performance targets over that period. The maximum number of shares
over which an option can be exercised in respect of the grant made on 16
March 2001 and the total maximum number of shares in respect of this and the
previous grant made in 2000 by the following Executive Directors are as
follow:
 
 
 

                                                          
                                       16.3.01     Total  
                      R J G Richards    57,604    120,555 
                      J A Bywater       33,996     72,911 
                      P W B Cole        33,996     69,249 
                      G Devaux          37,773     77,833 
                      S R Melliss       42,495     89,193 
 
 
 
 
 
 
For further information:
Stuart Haydon 

Company Secretary
020 7887 1000