Director Shareholding

National Express Group PLC
9 August 2001


The Company has been informed that on 9 August 2001, the Trustee of the
National Express Group Qualifying Employee Share Trust transferred 4,579
ordinary shares at £4.27 to satisfy the exercise of options under the National
Express Group 1992 Savings Related Share Scheme.  Following this transfer, the
National Express Group Qualifying Employee Share Trust holds a total interest
in the Company of 994,174 shares.  As all employees of the Company and its
subsidiaries are potential beneficiaries under the Trust on an equal basis,
the executive directors of the Company, Messrs P M White, R H Brown, R O'Toole
and W P Rollason, in their capacity as members of the class of potential
beneficiaries under the Trust, are deemed to have an interest in these shares
pursuant to the Companies Act 1985.