Directors Shareholding(s)

Holidaybreak PLC
7 September 2001


Schedule 11 - Notification of interests of Directors and Connected Persons

1   Name of company:
Holidaybreak plc

2   Name of director:
Robert Gregory Baddeley

3   Please state whether notification indicates that it is in respect of     
holding of the director named in 2 above or holding of that person's spouse or
children under the age of 18 or in respect of a non- beneficial interest:
Director named in 2 above

4   Name of registered holder(s) and, if more than one holder, the number of 
shares held by each of them (if notified):
Robert Gregory Baddeley

5   Please state whether notification relates to a person(s) connected with  
the director named in 2 above and identify the connected person(s):
Not applicable

6   Please state the nature of the transaction. For PEP transactions please  
indicate whether general/single co PEP and if discretionary/non discretionary:
Exercise of an option over 46,084 ordinary 5p shares at a price of £1.66 per
share under the Holidaybreak plc 1996 Unapproved Share Option Scheme and
subsequent sale of shares allotted pursuant to the Scheme.

7   Number of shares/amount of stock acquired:


8   Percentage of issued class:


9   Number of shares/amount of stock disposed:
46,084

10  Percentage of issued class:
0.099%

11  Class of security:
Ordinary 5p

12  Price per share:
166p

13  Date of transaction:
7 September 2001

14  Date company informed:
7 September 2001

15  Total holding following this notification:
11,299 ord 5p shares

16  Total percentage holding of issued class following this notification:
0.024%

If a director has been granted options by the company, please complete the
following fields:

17  Date of grant:


18  Period during which or date on which exercisable:


19  Total amount paid (if any) for grant of the option:


20  Description of shares or debentures involved: class, number:


21  Exercise price (if fixed at time of grant) or indication that price is to
be fixed at time of exercise:


22  Total number of shares or debentures over which options held following
this notification:


23  Contact name for queries:
Julie Vickers

24  Contact telephone number:
01606 787103

25  Name of company official responsible for making notification:
Julie Vickers
Company Secretary


Additional Information:

This announcement relates to the sale of shares following the exercise of an
option granted on 2 September 1996 with an expiry date of 2 September 2003. 
Following the exercise and sale, Robert Baddeley's beneficial holding in the
ordinary share capital of Holidaybreak plc remains unchanged at 11,299
ordinary 5p shares (0.024% of the issued ordinary share capital of the
Company).  In addition Robert Baddeley continues to hold options over 190,701
ordinary 5p shares (0.412% of the issued ordinary share capital of the
Company).