Director Shareholding

Vp PLC
11 December 2001

VP PLC ('the Company')

DIRECTORS SHAREHOLDINGS

The Company has today been informed that Mr N Stothard, a director of the
Company, has exercised today 7,500 options at an exercise price of 52 pence
per share. His resultant holding of 31,028 shares represents 0.07 per cent. of
the issued ordinary share capital of the Company.

ENDS