Director Shareholding

Marks & Spencer PLC
2 July 2001

2 July 2001


NOTIFICATION OF DIRECTORS' INTERESTS

On 29 June 2001, the following Directors were granted options under the
Company's Executive Share Option Scheme at an option price of 256p per share.
The options, which are exercisable between 3 and 10 years from the date of
grant, are subject to performance criteria on exercise, details of which can
be found in the Company's Annual Review and Summary Financial Statement 2001.

                                  TOTAL NUMBER OF SHARES HELD UNDER OPTION
                                         FOLLOWING THIS NOTIFICATION
NAME        NUMBER OF SHARES
                GRANTED
ROGER           249,022                           1,120,816
HOLMES
ALAN            175,780                            897,090
MCWALTER
DAVID           161,132                            655,516
NORGROVE
LUC             380,858                           4,365,532
VANDEVELDE



MISS P J BEARD

0207 268 6499