Director Shareholding

Panther Securities PLC
25 October 2001



                                                         25th October, 2001

                            PANTHER SECURITIES PLC
                          ('Panther' or 'the Company')
 
                           Director's Shareholding


The Company was advised that earlier today Peter Rowson acquired a further
3,000 Ordinary Shares in the Company at a price of 131p per share.  Today Mr
Rowson has also gifted 1,000 Ordinary Shares to a member of his family.
Following these transactions Mr Rowson is beneficially interested in 90,000
Ordinary Shares, representing 0.53 per cent. of the issued ordinary share
capital of the Company.