Directors' Dealings

Ricardo PLC 8 December 1999 Ricardo plc - Directors' Interest in Shares On 8 December 1999 Ricardo Quest Trustees Limited, wholly-owned subsidiary of Ricardo plc, as trustee of the Ricardo Qualifying Employee Share Ownership Trust (the 'QUEST') acquired by subscription, at a price of 435p per share, a total of 118,646 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 director of Ricardo plc is treated as being interested in all shares acquired by the QUEST. As of today's date, the QUEST holds 118,646 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: Sir Noel Davis CW Foreman PT Ward RJ Westhead AR Goodburn JR Needham Name of contact and telephone number for queries: M Wightman, Tel: 01926 319335 Date of Notification 8 December 1999.

Companies

Ricardo (RCDO)
UK 100

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