Director Shareholding

Ricardo PLC
7 August 2002


                  Ricardo plc - Directors' Interests in Shares

On 7 August 2002 Ricardo Quest Trustees Limited, a wholly-owned subsidiary of 
Ricardo plc, a trustee of the Ricardo Qualifying Employee Share Ownership Trust 
(the 'QUEST') acquired by subscription, at a price of 365p per share, a total of 
16,203 ordinary shares of 25p each in Ricardo plc (all of which are to be used 
to satisfy options exercised under the Company's savings-related share option 
scheme). As potential beneficiaries under the QUEST, each executive director of 
Ricardo plc is treated as being interested in all shares acquired by the QUEST. 
As of today's date, the QUEST holds 16,203 shares in the Company.

The directors of Ricardo plc who may be considered to be potential beneficiaries 
of the shares detailed in this notification are:

R J Westhead 
A R Goodburn 
C R Bates 
J W Holt 
S Parker

Name of contact and telephone number for queries:
M Wightman Tel: [phone]/455611

Name and signature of authorised company official responsible for making this 
notification.
 
M Wightman
 
 

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