Directors' Dealings

Liontrust Asset Management PLC
20 January 2000




Schedule 11 - Notification of interests of Directors and Connected Persons

1   Name of company:
    
    LIONTRUST ASSET MANAGEMENT

2   Name of director:

    MR ANDREW YATES

3   Please state whether notification indicates that it is in respect of     
holding of the director named in 2 above or holding of that person's spouse or
children under the age of 18 or in respect of a non- beneficial interest:

    NON-BENEFICIAL INTEREST

4   Name of registered holder(s) and, if more than one holder, the number of 
shares held by each of them (if notified):
   
    MRS SHIRLEY ANN HALES
   (RELATIVE)

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

    RELATIVE

6   Please state the nature of the transaction. For PEP transactions please  
indicate whether general/single co PEP and if discretionary/non discretionary:
ACQUISITION AND SUBSEQUENT GIFT OF SHARES

7   Number of shares/amount of stock acquired:

    1000

8   Percentage of issued class:

    0.003%

9   Number of shares/amount of stock disposed:

    N/A

10  Percentage of issued class:

    N/A

11  Class of security:

    ORD 10P

12  Price per share:

    310P

13  Date of transaction:

    20/1/2000

14  Date company informed:

    20/1/2000

15  Total holding following this notification:

    N/A

16  Total percentage holding of issued class following this notification:

    N/A

If a director has been granted options by the company, please complete the
following fields:

17  Date of grant:

    N/A

18  Period during which or date on which exercisable:

    N/A

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

    N/A

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

    N/A

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

    N/A

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

    N/A

23  Contact name for queries:

    ANDREW YATES

24  Contact telephone number:

    0171 412 1700

25  Name of company official responsible for making notification:

    ANDREW YATES





Additional Information: