Holding(s) in Company

Grainger Trust PLC
13 August 2003

                  DEALINGS BY SUBSTANTIAL SHAREHOLDERS


1)   NAME OF COMPANY
GRAINGER TRUST PLC


2)   NAME OF SHAREHOLDER HAVING A MAJOR INTEREST
WESLEYAN ASSURANCE


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
SHAREHOLDER ABOVE


4)   Name of the registered holder(s) and, if more than one holder, the 
     number of shares held by each of them.
WESLEYAN ASSURANCE


5)   Number of shares/amount of stock acquired.
 -


6)   ( - %) of issued Class


7)   Number of shares/amount of stock disposed
25,000


8)   ( 0.1 %) of issued Class


9)   Class of security
25P ORDINARY 


10)  Date of transaction
13-8-2003


11)  Date company informed
13-8-2003


12)  Total holding following this notification
725,000

               
13)  Total percentage holding of issued class following this notification
2.93%


14)  Any additional information



15)  Name of contact and telephone number for queries
MICHAEL WINDLE 0191 261 1819


16)  Name and signature of authorised company official responsible for 
     making this notification

     Date of Notification 13 AUGUST 2003



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