Director Shareholding

United Overseas Group PLC
6 July 2001



                                 SCHEDULE 11

         NOTIFICATION OF INTERESTS OF DIRECTORS AND CONNECTED PERSONS

 1. Name of company

    United Overseas Group plc

 2. Name of director

    John Gordon

 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 a non-beneficial interest

    As 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)

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

    n/a

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

    Sale of shares
 7. Number of shares/amount of stock acquired

    n/a

 8. Percentage of issued class

    n/a

 9. Number of shares/amount of stock disposed

    100,000

10. Percentage of issued class

    0.03%

11. Class of security

    Ordinary shares of 1p each

12. Price per share

    1p

13. Date of transaction

    6 July 2001

14. Date company informed

    6 July 2001

15. Total holding following this notification

    Nil

16. Total percentage holding of issued class following this notification

    Nil

    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

    Michael Corke, Group Chief Executive, tel: [phone]

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

    Michael Corke, Group Chief Executive

26. Date of Notification...

    6 July 2001