Director Shareholding

Severfield-Rowen PLC
17 December 2003


                                  SCHEDULE 11

          NOTIFICATION OF INTERESTS OF DIRECTORS AND CONNECTED PERSONS

AVS NO

        All relevant boxes should be completed in block capital letters.

1.   Name of company

     SEVERFIELD-ROWEN PLC


2.   Name of director

     PETER LEVINE

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

     2 above

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

     PETER LEVINE

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

     2 above

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

     ACQUISITION OF SHARES

7.   Number of shares/amount of stock acquired

     10,000

8.   Percentage of issued class

     0.05%

9.   Number of shares/amount of stock disposed



10.  Percentage of issued class



11.  Class of security

     Ordinary Shares


12.  Price per share

     345p

13.  Date of transaction

     17 December 2003

14.  Date company informed

     17 December 2003


15.  Total holding following this notification

     101,420


16.  Total percentage holding of issued class following this notification

     0.50%


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

     LUKE SIMPSON 020 7678 5173

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

     PETER LEVINE

Date of notification _______17 DECEMBER_____2003___




                      This information is provided by RNS
            The company news service from the London Stock Exchange