Director's Shareholding - Replacement

Toad PLC
23 November 1999

The issuer has made the following amendment to the Toad PLC 'Director's
Shareholding' announcement released today at 12:50 under RNS No 2973b.  The
original announcement incorrectly named the director as Simon Edward Wheatley. 
This should have read Stephen Edward Wheatley as stated below.  All other
details remain unchanged.


Schedule 11 - Notification of interests of Directors and Connected Persons

1   Name of company:
TOAD PLC

2   Name of director:
STEPHEN EDWARD WHEATLEY

3   Please state whether notification indicates that it is in respect of     
holding of the director named in 2 above or holding of that person's spouse or
children under the age of 18 or in respect of a non- beneficial interest:
STEPHEN EDWARD WHEATLEY

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

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

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

7   Number of shares/amount of stock acquired:
5,000

8   Percentage of issued class:
<0.1%

9   Number of shares/amount of stock disposed:
N/A

10  Percentage of issued class:
N/A

11  Class of security:
Ordinary Shares 

12  Price per share:
37p

13  Date of transaction:
23rd November, 1999

14  Date company informed:
23rd November, 1999

15  Total holding following this notification:
5,000

16  Total percentage holding of issued class following this notification:
<0.1%

If a director has been granted options by the company, please complete the
following fields:

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  Contact name for queries:
D. G. Baynes

24  Contact telephone number:
0181 710 7707

25  Name of company official responsible for making notification:
Karen George
WestLB Panmure Limited
23rd November, 1999