Director Shareholding

London Stock Exchange Plc
19 May 2003


                                  SCHEDULE 11

          NOTIFICATION OF INTERESTS OF DIRECTORS AND CONNECTED PERSONS


1)    Name of company

        London Stock Exchange plc

2)    Name of director

       Martin Wheatley

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 or 
      in respect  of a non-beneficial interest

        N/A

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

Share awards granted to Martin Wheatley.

     Conditional allocation of 18,221 shares to be held by Trustee, Mourant 
     and Co until 1 April 2004

     Conditional allocation of 18,220 shares to be held by Trustee, Mourant 
     and Co until 1 April 2005


5)   Please state whether notification relates to a person(s) connected
     with the Director named in 2 above and identify the connected person(s)

       N/A

6)    Please state the nature of the transaction. For PEP transactions
      please indicate whether general/single co PEP and if discretionary/non
      discretionary

      Share awards (see 4.).

7)    Number of shares/amount of stock acquired

        36,441


8)     Percentage of issued class

        0.01%

9)    Number of shares/amount of stock disposed

          N/A

10)   Percentage of issued class

         N/A


11)    Class of security

        Ordinary shares of 5p each


12)     Price per share

         Nil

13)     Date of transaction

          16 May 2003


14)     Date company informed

          16 May 2003

15)     Total holding following this notification

          173,652  (137,636 unvested and held by the Trustee)

16)     Total percentage holding of issued class following this notification

          0.06%  (0.05% unvested and held by the Trustee)


If a director has been granted options by the company please complete the
following boxes

17)     Date of grant

16 May 2003

18)     Period during which or date on which exercisable

16 May 2006

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

Nil

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

65,016 Ordinary shares of 5p each

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

65,016 at exercise price of £3.23

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

272,950 at exercise price of £2.37

202,150 at exercise price of £2.97

 13,720 at exercise price of £3.65

 51,283 at exercise price of £3.90

 65,016 at exercise price of £3.23


23)      Any additional information

         N/A

24)     Name of contact and telephone number for queries

        Lisa Condron, Company Secretary  Tel: [phone]

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

        Lisa Condron, Company Secretary


 Date of Notification 19 May 2003

        

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