Director Shareholding

Caledonia Investments PLC
25 July 2001


                                 SCHEDULE 11

         NOTIFICATION OF INTERESTS OF DIRECTORS AND CONNECTED PERSONS

1) Name of company

Caledonia Investments plc

2) Name of director

Mr J H Cartwright

3) Please state whether notification indicates that it is in respect of
holding of the shareholder named in 2 above or in respect of a non-beneficial
interest or in the case of an individual holder if it is a holding of that
person's spouse or children under the age of 18 or in respect of a
non-beneficial interest

Beneficial holding of director named in 2 above

4) Name of the registered holder(s) and, if more than one holder, the
number of shares held by each of them (if notified)

As in 2 above

5) Please state whether notification relates to a person(s) connected
with the Director named in 2 above and identify the connected person(s)

Not applicable

6) Please state the nature of the transaction. For PEP transactions
please indicate whether general/single co PEP and if discretionary/non
discretionary

Grant of share options

7) Number of shares/amount of
stock acquired



8) Percentage of issued class



9) Number of shares/amount
of stock disposed



10) Percentage of issued class



11) Class of security



12) Price per share



13) Date of transaction



14) Date company informed



15) Total holding following this notification



16) Total percentage holding of issued class following this notification



If a director has been granted options by the company please complete the
following boxes

17) Date of grant

24 July 2001

18) Period during which or date on which exercisable

Between three and ten years from date of grant

19) Total amount paid (if any) for grant of the option

Nil

20) Description of shares or debentures involved: class, number

24,000 ordinary 5p

21) Exercise price (if fixed at time of grant) or indication that price
is to be fixed at time of exercise

810p

22) Total number of shares or debentures over which options held
following this notification

118,500

23) Any additional information



24) Name of contact and telephone number for queries

G P Denison 0207 481 4343

25) Name and signature of authorised company official responsible for
making this notification

G P Denison, Company Secretary

Date of Notification.............25 July 2001.....................