Director Shareholding

Mothercare PLC
22 November 2002










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Via RNS

The London Stock Exchange

Old Broad Street

London





Dear Sirs

Re Ian R Peacock: Interest In Shares

Mothercare plc announces that a share award has been made to Ian Peacock, who
was appointed Chairman of the Company on 1 November 2002, that entitles him to
receive 95,694 shares in the capital of the Company which, in aggregate, amounts
to £100,000 (as at the time the award was made).

The award will vest in three equal tranches on 1 November 2003, 1 November 2004
and 1 November 2005 (or the next available date if 1 November falls within a
close period). No payment is required from Mr Peacock.

The award will vest only in the event that Mr Peacock remains employed by the
Company on the relevant vesting date.

Yours sincerely





Clive E. Revett

Company Secretary

19 November 2002 D1V1


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