Holding in Co-Replacement

Grainger Trust PLC
20 September 2000


The following addition should be made to the Grainger Trust Plc - Holding in
Company announcement released today at 10:33 under RNS No 2334R. 

The letter is dated 15th September 2000.

All other details remain unchanged.



Letter to:  Company Announcements Office dated 15 September 2000.

Please note that our subsidiary company, The Grainger Trust Employee Trustee
Limited, today purchased 40,000 Grainger Trust plc 25p Ordinary Shares at a
price of £5.70 per share.

These shares have been acquired for the purposes of an employee share incentive
scheme.

From:  G Davis
       Company Secretary
       Grainger Trust Plc