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Wescol Group PLC (WCL)

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Friday 12 April, 2002

Wescol Group PLC

Director Shareholding

Wescol Group PLC
12 April 2002



Issued on behalf of Wescol Group plc

Date: Friday, 12 April 2002     Embargoed: 7.35am



                                Wescol Group plc


 On 19 December 2000, the Company announced that Mr M T Newton and Mr S J Rudman
were each granted options over 150,000 Wescol Group plc ordinary shares at an
exercise price of 14p per share under the Approved Executive Share Option Scheme
adopted by the Company in August 1989 ('the Scheme').


On 21 December 2001 the Company announced that Mr G R Adams, Chairman was
granted options over 150,000 Wescol Group plc ordinary shares at an exercise
price of 8.25p under the Scheme.


The Scheme was adopted in August 1989, for a duration of 10 years. Under the
rules of the Scheme an extension of that 10 year period required the approval of
shareholders at an Annual General Meeting.


Following changes in management, it has come to the attention of the Board that
the Scheme was not extended and so lapsed at the end of August 1999. Therefore,
the options granted under the Scheme referred to above are void.


It is the Board's intention to introduce an alternative incentive scheme as soon
as practicable.


Enquiries:

Geoff Adams

Chairman

Wescol Group plc

Tel: 01422 319500



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