Director Shareholding

Smith(David S)(Holdings) PLC
22 February 2001

                                 SCHEDULE 11

         NOTIFICATION OF INTERESTS OF DIRECTORS AND CONNECTED PERSONS

1) Name of company

David S. Smith (Holdings) PLC

2) Name of director

Antony Peverell Hichens

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

Holding in a Trust in which the Director has a beneficial interest.

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

The Regent Trust

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



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

Purchase of Ordinary Shares

7) Number of shares/amount of
stock acquired

29,000

8) Percentage of issued class

0.009

9) Number of shares/amount
of stock disposed

10) Percentage of issued class

11) Class of security

ordinary shares

12) Price per share

136p

13) Date of transaction

21 February 2001

14) Date company informed

22 February 2001

15) Total holding following this notification

282,000

16) Total percentage holding of issued class following this notification

0.09%

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

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) Any additional information



24) Name of contact and telephone number for queries



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

Date of Notification 22 February 2001