Director Shareholding

London Securities PLC
15 January 2003

                                   Schedule 11

          Notification of Interests of Directors and Connected Persons


1.   Name of company:

London Securities PLC

2.   Name of director:

Jacques Gaston Murray

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 a
non-beneficial interest:

Beneficial

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

Jacques Gaston Murray - 10,000 shares, EOI Fire Sarl - 11,602,320 shares,
Security Services Group Limited - 1,397,680 shares, Tribjun Corporation -
416,494 shares, Easton Holding SA - 502,800 shares, Bantel Holdings SA - 300,120
shares.

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:

Purchase by Easton Holding SA, a company of which Jacques Gaston Murray is the
sole beneficial owner.

7.   Number of shares/amount of stock acquired: 200

8.   Percentage of issued class: 0.001%

9.   Number of shares/amount of stock disposed: N/A

10.  Percentage of issued class: N/A

11.  Class of security: Ordinary shares

12.  Price per share: 1250p

13.  Date of transaction: 14 January 2003

14.  Date company informed:  14 January 2003

15.  Total holding following this notification: 14,229,414

16.  Total percentage holding of issued class following this notification:
98.22%

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: 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.  Any additional information: Jacques Gaston Murray is the ultimate
beneficial owner of EOI Fire Sarl, Security Services Group Limited, Tribjun
Corporation, Easton Holding SA and Bantel Holdings SA.

24.  Name of contact and telephone number for queries: Richard Pollard 01422 372
852

25.  Name and signature of authorised company official responsible for making
this notification:   Richard Pollard     Company Secretary


Date of notification:   15 January 2003


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