Pearson PLC
8 March 2000
Pearson announces the following changes in directors' interests in Pearson
ordinary shares of 25p each ('shares') arising out of (a) the release of Shares
on 7 March 2000 following maturity of awards granted under the Incentive Share
Plan ('Awards') made in 1997 and (b) the sale of Shares on 7 March 2000
following maturity of the 1997 Awards referred to in (a) to pay tax liabilities.
Marjorie Scardino
(a) Shares released from the 1997 Award: 66,342
(b) Shares sold from 1997 Award: 46,536
The current beneficial holding (excluding conditional entitlements under Awards)
is now 48,140 ordinary shares.
David Bell
(a) Shares released from the 1997 Award: 25,489
(b) Shares sold from 1997 Award: 10,195
The current beneficial holding (excluding conditional entitlements under Awards)
is now 29,502 ordinary shares.
The value of the Shares released from the 1997 Awards will be deemed to be the
middle market price at the close of business on 6 March 2000.
For Companies Act purposes, each executive director of Pearson is technically
interested in all the Shares held by the Pearson Employee Share Trust ('the
Trust'). In consequence of the actions referred to above, each executive
director of Pearson is now interested in 186,494 Shares held by the Trust.
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