Rule 2.10 Announcement

Grainger Trust PLC
01 November 2005

FOR IMMEDIATE RELEASE

1 November 2005

Grainger Trust plc ('Grainger' or the 'Company')


Rule 2.10 Announcement - Relevant Securities in Issue

In accordance with Rule 2.10 of the City Code on Takeovers and Mergers the 
Company confirms that as at 7:00 am on 31 October 2005 it had 129,413,323 
Ordinary Shares of 5 pence each in issue and admitted to trading on the London 
Stock Exchange under the UK ISIN number GB0OB04V1276.




Dealing Disclosure Requirements

Under the provisions of Rule 8.3 of the City Code on Takeovers and Mergers (the 
'City Code'), any person who, alone or acting together with any other person(s) 
pursuant to an agreement or understanding (whether formal or informal) to 
acquire or control relevant securities of Grainger, owns or controls, or becomes 
the owner or controller, directly or indirectly, of one per cent, or more of any 
class of securities of Grainger is required to disclose, by not later than 
12.00 noon (London time) on the London business day following the date of the 
relevant transaction, dealings in such securities of that company (or in any 
option in respect of, or derivative referenced to, any such securities) during 
the period to the date on which the offer becomes or is declared unconditional 
as to acceptances or lapses or is otherwise withdrawn.

Under the provisions of Rule 8.1 of the City Code, all dealings in relevant 
securities of Grainger by Grainger or any of its 'associates' (within the 
meaning of the City Code) must also be disclosed.


                      This information is provided by RNS
            The company news service from the London Stock Exchange