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Scottish Power PLC (SPW)

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Tuesday 07 May, 2002

Scottish Power PLC

Director Shareholding

Scottish Power PLC
7 May 2002

                               Scottish Power plc

                       ScottishPower Employee Trust 2001

Scottish Power plc ("the Company") has been advised by Hill Samuel Offshore
Trust Company Limited, the trustee of the ScottishPower Employee Trust 2001
("the Trust") of the purchase on 7 May 2002 of 7,386,926 ordinary shares in the
Company at a price of 411.8319p per ordinary share for the purpose of satisfying
the exercise of options granted under the ScottishPower Executive Share Option
Plan 2001.

The Trust is a discretionary trust under which all employees of the
ScottishPower group are potential beneficiaries. Each of the Executive Directors
of the Company is, for Companies Act purposes, regarded as interested in all the
ordinary shares in the Company ("Shares") held by the Trust. Following this
latest purchase, the total number of Shares held in Trust is 9,746,912. Despite
the technical interest in all the Shares held in the Trust, each Executive
Director will only be entitled to receive from the Trust the number of Shares to
which he is entitled on exercise of any option or award granted to him under
ScottishPower's share plans.


Colin McSeveny, Group Media Relations Manager        0141 636 4515

Alan McCulloch, Assistant Company Secretary          0141 566 4683

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