Director Shareholding

SCHEDULE 11

          NOTIFICATION OF INTERESTS OF DIRECTORS AND CONNECTED PERSONS
1. Name of company
Gresham House plc
2. Name of director
Alfred Patrick Stirling
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
Spouse of above-named
4. Name of the registered holder(s) and, if more than one holder, the number of
shares held by each of them (if notified)
Mrs M T Stirling
5. Please state whether notification relates to a person(s) connected with the
director named in 2 above and identify the connected person(s)
Spouse
6. Please state the nature of the transaction. For PEP transactions please
indicate whether general/single co PEP and if discretionary/non discretionary
Purchase
7. Number of shares / amount of stock acquired
 117
8. Percentage of issued class
 0.002
9. Class of security
Ordinary 25p
10. Price per share
230p
11. Date of transaction
29th April, 2005
12. Date company informed
3rd May, 2005
13. Total holding following this notification
419,036
14. Total percentage holding of issued class following this notification
8.60
15. Name of contact and telephone number for queries
B J Hallett 020 7588 7352
16. Name and signature of authorised company official responsible for making
this notification
B J Hallett - Director & Company Secretary
Date of Notification
4th May, 2005