Director Shareholding

Alumasc Group PLC
03 October 2002


                             THE ALUMASC GROUP PLC

                            Director's Shareholding

The Alumasc Group plc announces that it was today informed that Mr Philip Gwyn,
a non executive director, has transferred 1,218,000 ordinary shares from
Henderson Nominees Limited to Rathbone Nominees Limited.  There is no change in
beneficial ownership and Mr Gwyn's shareholding remains at 3,057,605 ordinary
shares, representing 8.78% of the issued ordinary share capital.


Enquiries:

The Alumasc Group plc                                      01536-383 844
  John McCall (Chairman)

Bankside Consultants Limited
 Charles Ponsonby                                          020-7444 4166



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