PDMR Share option exercise

Jan Elwart, PDMR for Central Europe Thermal Processing, notified the company
today that on 25 June he exercised 9,542 options granted in September 2002 at
125.76p per share and, apart from 1,500 shares transferred for nil
consideration to members of his family, he has retained the balance of 8,042
shares.

After the share option exercise and share transfer notified above, Mr Elwart's
share interests will be as follows:

Beneficial   Registered holder                                           Shares
                                                                               
interest                                                                       
                                                                               
Jan Elwart   J.G. Elwart                                                 32,697
                                                                               
             Lloyds TSB Offshore Trust Co. Ltd (deferred share bonus     14,406
             plan interest)                                                    
                                                                               
             Lloyds TSB Offshore Trust Co. Ltd (short term stock         25,721
             bonus plan interest)                                              

In addition Mr Elwart has 55,710 share options exercisable between 3 December
2007 and 15 September 2003 exercisable at prices between 147.27p and 315.43p
per share.