Director Shareholding

Victoria PLC
16 April 2003



VICTORIA P.L.C. ('the Company')

The Company  has received notification that earlier today, Brian Priest, an
Executive Director of the Company, sold 25,000 ordinary shares of 25p each at a
price of 180.5p per share, reducing his holding to 475,267 ordinary shares,
representing 6.84% of the Company's issued share capital.


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