Director Shareholding

Scottish & Southern Energy PLC 09 May 2003 Notification of Directors' Interests On 8 May 2003 the Company was notified by Bedell Cristin Trustees Limited, the Trustees of the Scottish and Southern Energy Deferred Bonus Plan ('the Plan') of changes in directors' interests in the Company's ordinary shares ('the Shares'). The Trustees have advised that there was an error in their original notification, resulting in the incorrect number of shares being disclosed as sold on 28 February 2003 by the undernoted Directors to cover the tax liability arising from the transaction on that date. The corrected notification results in the following additional shares being disclosed as sold. Total holding as a Additional shares sold Total holding following percentage of shares in Executive director this notification issue Ian Marchant 493 47,984 0.0056% Alistair Phillips-Davies 195 8,123 0.0009% Gregor Alexander 50 6,186 0.0007% As a result of these transactions the number of shares held by the Trust is 298,068 representing 0.035% of the Company's issued share capital. In addition, the executive directors are deemed for Companies Act purposes to be interested in all the Shares held by the Trust. This information is provided by RNS The company news service from the London Stock Exchange

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