Director Shareholding

Liontrust Asset Management PLC
4 May 2001

Liontrust Asset Management PLC

On 3 May 2001, Liontrust Asset Management PLC ('the Company') was informed
that Liontrust Trustees Limited, on behalf of the Company's Employee Share
Ownership Plan ('the ESOP'), acquired on the same day 450 ordinary shares in
the Company at a price of 407p per share ('the purchase'). The purchase is
exempt from close period dealing restrictions pursuant to paragraph 20.h of
the Model Code.


Andrew Yates, a director of the Company, is a participant of the ESOP and will
benefit from the purchase, but has no discretion as to the timing of purchases
by the ESOP. The purchase increases his interest in the share capital of the
Company by 90 ordinary shares, taking his total holding to 479,207 ordinary
shares, representing 1.46 per cent. of the ordinary issued share capital of
the Company.

4 May 2001



Enquiries:

Liontrust Asset Management PLC                                    020 7412 1700

Nigel Legge