Director Shareholding

Wolseley PLC
30 June 2003


WOLSELEY PLC - DIRECTOR SHARE OPTION EXERCISE


30 June 2003


Notification under the Listing Rules - Directors - Shares - Rule 16.3 (c)


Wolseley plc confirms that Mr C A Banks, Chief Executive Officer, has today
exercised the under-noted share options under the terms of the Wolseley
Executive Share Option Scheme 1989:

Director's Name     No. of options    Exercise price  No. of shares    Date of
                    exercised         per share       acquired     acquisition    
                                      (in pence)

Mr C. A. Banks         19,200          350.25         19,200        30.06.03


Mr Banks has retained the shares issued to him and now holds a total of 108,544
Ordinary Shares of 25p each in the capital of the Company in his own name.


Ends






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