Director Shareholding

Inchcape PLC
19 March 2002

                       DEALINGS BY DIRECTORS


1)  NAME OF COMPANY

INCHCAPE PLC

2)  NAME OF DIRECTOR

MR P W JOHNSON

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

AS IN 2 ABOVE

4)  Name of the registered holder(s) and, if more than one holder, the
    number of shares held by each of them. (If notified)

MR P W JOHNSON

5)  Please state whether notification relates to a person(s) connected
    with the Director named in 2 above and identify the connected person(s)

N/A

6)  Please state the nature of the transaction. For PEP transactions
    please indicate whether general/single co PEP and if discretionary/non
    discretionary

GRANT OF SHARE OPTIONS - SEE BELOW

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

18 MARCH 2002

14) Date company informed

18 MARCH 2002

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

18 MARCH 2002

18) Period during which or date on which exercisable

18 MARCH 2005 - 18 MARCH 2012

19) Total amount paid (if any) for grant of the option

N/A

20) Description of shares or debentures involved: class, number.

OPTIONS OVER 63,065 ORDINARY SHARES OF 150 PENCE EACH 

21) Exercise price (if fixed at time of grant) or indication that price
    is to be fixed at time of exercise

685 PENCE

22) Total number of shares or debentures over which options held
    following this notification

  2,980 OPTIONS GRANTED 8.10.99 UNDER THE INCHCAPE SAYE SHARE OPTION SCHEME
480,755 OPTIONS GRANTED UNDER THE INCHCAPE 1999 SHARE OPTION PLAN (8.9.99, 
        10.8.00, 22.3.01 AND 18.3.02)
 66,032 AWARD TO ACQUIRE 66,032 SHARES UNDER THE INCHCAPE DEFERRED BONUS PLAN
        (8.9.00 AND 12.4.01)

23) Any additional information

OPTIONS GRANTED UNDER THE INCHCAPE 1999 SHARE OPTION PLAN

24) Name of contact and telephone number for queries

KELLY FIELDING 020 7546 8323

25) Name and signature of authorised company official responsible for
    making this notification

    Date of Notification    19TH MARCH 2002                             



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