Director Shareholding

Scottish & Southern Energy PLC
05 March 2003

Notification of Directors' Interests

On 4 March 2003 the Company was notified by the Trustees of the Scottish and
Southern Energy Deferred Bonus Plan ('the Plan') that there were the following
changes in directors' interests in the Company's ordinary shares ('the Shares')
arising out of the operation of the Plan.

Awards of Shares under the Plan can be unconditionally released to participants
following the third anniversary of grant ('the Maturity Date'). However, up to
fifty per cent of these Shares can be called for before the Maturity Date,
provided the participant undertakes to retain the Shares released (less such
number sold to discharge the income tax liability on the Shares) until the
Maturity Date.

The following executive directors elected to call for the Shares set out below.
On 28 February 2003, sufficient Shares were sold at £6.16 in order to discharge
income tax liabilities arising on their release from the Deferred Bonus Plan
Trust ('the Trust'). The executive directors have undertaken to retain their
remaining Shares until the relevant Maturity Date:

Executive director               Shares released from    Shares sold at £6.16 to           Shares remaining
                                            the Trust  satisfy the tax liability
Ian Marchant                                   13,173                      4,777                      8,396
Alistair Phillips-Davies                        5,213                      1,891                      3,322
Gregor Alexander                                1,350                        490                        860

The Trustees have transferred the Shares to satisfy these entitlements out of
the Trust.

As a result of the transactions referred to above the Trust holds a total of
311,898 Shares representing 0.036% of the Company's issued share capital and the
executive directors are interested in the following Shares:
Executive director              Total holding following this  Total holding as a percentage
                                                notification             of shares in issue

Ian Marchant                                          48,425                        0.0056%
Alistair Phillips-Davies                               8,267                       0.00096%
Gregor Alexander                                       6,175                       0.00072%

In addition, the executive directors are deemed for Companies Act purposes to be
interested in all the Shares held by the Trust.




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