Director Shareholding

Redrow PLC
4 December 2000


Redrow plc hereby announces that on 4 December 2000 Mr N Fitzsimmons, Finance
Director, exercised options under the 1997 Redrow plc SAYE (Save As You Earn)
Plan over 5,064 shares at an option price of £1.54.  This increases Mr N
Fitzsimmons beneficial holding from 10,000 shares to 15,064 shares.