Director Shareholding

Scottish & Southern Energy PLC 08 January 2003 Notification of Directors' Interests Scottish and Southern Energy plc wishes to notify the following changes in directors' interests in the Company's Ordinary 50p Shares (shares). On 8 January 2003 David Sigsworth exercised 30,000 Executive Share Options (representing 0.0035% of the issued share capital) and sold the resultant shares at a price of £6.60 per share. His spouse, Lorna Sigsworth, also sold 2,000 shares (representing 0.0002% of the issued share capital) at a price of £6.56 per share. Following this notification, David Sigsworth has an interest in 51,792 shares representing 0.0060% of the issued share capital of the Company. On the same day, Gregor Alexander exercised 6,084 Executive Share Options and sold 4,690 of the resultant shares (representing 0.0007% and 0.0005% respectively of the issued share capital) at a price of £6.60 per share to discharge funding and income tax liabilities. Following this notification, Gregor Alexander has an interest in 5,264 shares representing 0.0006% of the issued share capital of the Company. This information is provided by RNS The company news service from the London Stock Exchange RARAR

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