Director Shareholding

Pennon Group PLC
4 October 2001

                       DEALINGS BY DIRECTORS


1)  NAME OF COMPANY

    PENNON GROUP PLC

2)  NAME OF DIRECTOR

    A T FLETCHER

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 an non-beneficial interest

     DIRECTOR

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

     -

5)  Please state whether notification relates to a person(s) connected
    with the Director named in 2 above and identify the connected person(s)

      -

6)  Please state the nature of the transaction. For PEP transactions
    please indicate whether general/single co PEP and if discretionary/non
    discretionary

     PARTICIPATION IN DIVIDEND RE-INVESTMENT PLAN

7)  Number of shares/amount of
    stock acquired

     54

8)   (N/A %)
    of issued Class

       -

9)  Number of shares/amount
    of stock disposed

      -

10)  ( N/A %)
    of issued Class

      -

11) Class of security

     ORDINARY

12) Price per share

      648.2P

13) Date of transaction

     1 OCTOBER 2001

14) Date company informed

     4 OCTOBER 2001

15) Total holding following this notification

     1,506

16) Total percentage holding of issued class following this notification

      -

     IF A DIRECTOR HAS BEEN GRANTED OPTIONS BY THE COMPANY PLEASE
                    COMPLETE THE FOLLOWING BOXES

17) Date of grant

     -

18) Period during which or date on which exercisable

     -

19) Total amount paid (if any) for grant of the option

      -

20) Description of shares or debentures involved: class, number.

      -

21) Exercise price (if fixed at time of grant) or indication that price
    is to be fixed at time of exercise

      -

22) Total number of shares or debentures over which options held
    following this notification

      -

23) Any additional information

      -

24) Name of contact and telephone number for queries

      -

25) Name and signature of authorised company official responsible for
    making this notification    S CADDY  ASSISTANT COMPANY SECRETARY

    Date of Notification    4TH OCTOBER 2001                             



                       DEALINGS BY DIRECTORS


1)  NAME OF COMPANY

     PENSION GROUP PLC

2)  NAME OF DIRECTOR

     K L HILL

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 an non-beneficial interest

      DIRECTOR

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

     -

5)  Please state whether notification relates to a person(s) connected
    with the Director named in 2 above and identify the connected person(s)

      -

6)  Please state the nature of the transaction. For PEP transactions
    please indicate whether general/single co PEP and if discretionary/non
    discretionary

     PARTICIPATION IN DIVIDEND
     RE-INVESTMENT PLAN

7)  Number of shares/amount of
    stock acquired

     2,066

8)   (N/A %)
    of issued Class



9)  Number of shares/amount
    of stock disposed

       -

10)  ( N/A %)
    of issued Class



11) Class of security

     ORDINARY

12) Price per share

     648.2P

13) Date of transaction

     1 OCTOBER 2001

14) Date company informed

     4 OCTOBER 2001

15) Total holding following this notification

     25,374

16) Total percentage holding of issued class following this notification

      -

     IF A DIRECTOR HAS BEEN GRANTED OPTIONS BY THE COMPANY PLEASE
                    COMPLETE THE FOLLOWING BOXES

17) Date of grant

     -

18) Period during which or date on which exercisable

     -

19) Total amount paid (if any) for grant of the option

     -

20) Description of shares or debentures involved: class, number.

     -

21) Exercise price (if fixed at time of grant) or indication that price
    is to be fixed at time of exercise

     -

22) Total number of shares or debentures over which options held
    following this notification

     -

23) Any additional information

     -

24) Name of contact and telephone number for queries



25) Name and signature of authorised company official responsible for
    making this notification  S CADDY  ASSISTANT COMPANY SECRETARY

    Date of Notification    4 OCTOBER 2001                               



                       DEALINGS BY DIRECTORS


1)  NAME OF COMPANY

     PENNON GROUP PLC

2)  NAME OF DIRECTOR

     R J BATY

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 an non-beneficial interest

      DIRECTOR

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

      -

5)  Please state whether notification relates to a person(s) connected
    with the Director named in 2 above and identify the connected person(s)

      -

6)  Please state the nature of the transaction. For PEP transactions
    please indicate whether general/single co PEP and if discretionary/non
    discretionary

     PARTICIPATION IN DIVIDEND
     RE-INVESTMENT PLAN

7)  Number of shares/amount of
    stock acquired

     1,773

8)   (N/A %)
    of issued Class



9)  Number of shares/amount
    of stock disposed

      -

10)  ( N/A %)
    of issued Class
      -

11) Class of security

    ORDINARY

12) Price per share

     648.2P

13) Date of transaction

     1 OCTOBER 2001

14) Date company informed

     4 OCTOBER 2001

15) Total holding following this notification

     26,011

16) Total percentage holding of issued class following this notification

     -

     IF A DIRECTOR HAS BEEN GRANTED OPTIONS BY THE COMPANY PLEASE
                    COMPLETE THE FOLLOWING BOXES

17) Date of grant

      -

18) Period during which or date on which exercisable

      -

19) Total amount paid (if any) for grant of the option

      -

20) Description of shares or debentures involved: class, number.

      -

21) Exercise price (if fixed at time of grant) or indication that price
    is to be fixed at time of exercise

      -

22) Total number of shares or debentures over which options held
    following this notification

      -

23) Any additional information

     -

24) Name of contact and telephone number for queries

     -

25) Name and signature of authorised company official responsible for
    making this notification    S CADDY ASSISTANT COMPANY SECRETARY

    Date of Notification   4 OCTOBER 2001