Director Shareholding

Holidaybreak PLC
31 May 2002

Holidaybreak PLC
31 May 2002

DEALINGS BY DIRECTORS

1)    NAME OF COMPANY

      Holidaybreak Plc

2)    NAME OF DIRECTOR

Nicholas Pury Cust

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

      DIRECTOR NAMED IN TWO 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)

Nicholas Pury Cust

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

      N/A

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

Exercise of options over 5,000 ordinary 5p shares at a price of £1.95 per share
and over 15,000 ordinary 5p shares at a price of £2.425 per share under the 1996
Unapproved Share Option Scheme.

7)    Number of shares/amount of stock acquired

      N/A

8)    (%) of issued class

      N/A

9)    Number of shares/amount of stock disposed

      N/A

10)   (%)of issued class

      N/A

11)   Class of security

      N/A

12)   Price per share

      N/A

13)   Date of transaction

      21 May 2002

14)   Date company informed

      21 May 2002

15)   Total holding following this notification

      N/A

16)   Total percentage holding of issued class following this notification

      N/A

IF A DIRECTOR HAS BEEN GRANTED OPTIONS BY THE COMPANY PLEASE COMPLETE THE
FOLLOWING BOXES.

17)   Date of grant

      N/a

18)   Period during which or date on which exercisable

      N/a

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

      N/a

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

      N/a

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

      N/a

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

      93,268

23)   Any additional information

      N/a

24)   Name of contact and telephone number for queries

      01606 787 101

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

      Bob Baddeley

Date of notification

31 May 2002



END



                      This information is provided by RNS
            The company news service from the London Stock Exchange