Director Shareholding

CGNU PLC
18 January 2001


CGNU SHARE TRUST

The CGNU Share Trust will make a number of acquisitions throughout the year to
satisfy awards made under the Company's executive share plans. Because certain
directors of the Company are participants in those plans they are deemed to have
a beneficial interest in the total number of shares held by the Trust.
Transactions by the Trust are therefore notifiable.

Accordingly, the Trustee has made the following acquisitions:

Bargain Date     Co Notified   No. of shares acquired     New total held

16/01/01         17/01/01      35,000                     3,570,525


Queries:

Andy Hodges
Manager - Share Schemes/Share Registration 

Tel: [phone]