Directors' Dealings

Clarkson (Horace) PLC 15 November 1999 Schedule 11 - Notification of interests of Directors and Connected Persons 1 Name of company: Horace Clarkson PLC 2 Name of director: Mr S L James 3 Please state whether notification indicates that it is in respect of holding of the director named in 2 above or holding of that person's spouse or children under the age of 18 or in respect of a non- beneficial interest: beneficial 4 Name of registered holder(s) and, if more than one holder, the number of shares held by each of them (if notified): Greenwood Nominees Limited 5 Please state whether notification relates to a person(s) connected with the director named in 2 above and identify the connected person(s): 6 Please state the nature of the transaction. For PEP transactions please indicate whether general/single co PEP and if discretionary/non discretionary: market purchase 7 Number of shares/amount of stock acquired: 25,000 8 Percentage of issued class: 0.176% 9 Number of shares/amount of stock disposed: n/a 10 Percentage of issued class: n/a 11 Class of security: Ordinary shares 12 Price per share: 85p 13 Date of transaction: 15 November 1999 14 Date company informed: 15 November 1999 15 Total holding following this notification: 125,000 shares 16 Total percentage holding of issued class following this notification: 0.88% If a director has been granted options by the company, please complete the following fields: 17 Date of grant: 18 Period during which or date on which exercisable: 19 Total amount paid (if any) for grant of the option: 20 Description of shares or debentures involved: class, number: 21 Exercise price (if fixed at time of grant) or indication that price is to be fixed at time of exercise: 22 Total number of shares or debentures over which options held following this notification: 23 Contact name for queries: David Gilbert 24 Contact telephone number: 0207 334 0000 25 Name of company official responsible for making notification: David Gilbert Company Secretary Additional Information:

Companies

Clarkson (CKN)
UK 100

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