Holding(s) in Company

Grainger Trust PLC
28 January 2004

Purchase of Grainger Trust plc shares

The Grainger Trust Employee Trustee Limited, a wholly owned subsidiary of
Grainger Trust plc, has today acquired 18,000 Grainger Trust plc 25p ordinary
shares at a price of £17.70 per share.

These shares are being held by The Grainger Trust Employee Trustee Limited for
the purpose of employee share schemes and brings its total holding to 218,542
shares.



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