Additional Listing

Grainger Trust PLC
5 September 2001




Grainger Trust plc


Pursuant to the above-named Company's Executive Share Option Scheme options
over 1,600 Ordinary Shares of 25p each have been exercised. Accordingly,
application has been made to The Financial Services Authority for these shares
to be admitted to the Official List and to the London Stock Exchange for these
shares to be admitted to trading. The Shares rank pari passu with the existing
issued shares of the Company.

Copies of this announcement are available from the office of Cazenove & Co Ltd
for the period of 2 business days from the date hereof.



END.