Director Shareholding

Helical Bar PLC
16 November 2001


HELICAL BAR PLC

On 15th November 2001, Mr Gerald Kaye and Mr Michael Brown, directors of Helical
Bar plc, were granted options, for no consideration, over ordinary 5p shares of 
the company under the rules of the Helical Bar 1999 Share Option Scheme.

The options granted to the directors were as follows:

Options to purchase shares from the Helical Bar Employees Share Ownership Plan 
Trust

               Mr Gerald Kaye                          129,419
               Mr Michael Brown                        100,418
 

The exercise price for all these options is 766.5p

The options granted are exercisable in the period between 15 November 2006 and 
14 November 2011.

Following the grant of these options, the two directors hold options and 
interests in the ordinary share capital of the company as follows:

                        Ordinary           Percentage of        Total Share
                       5p Shares           Issued Share          Options
                          Held               Capital
     
Mr Gerald Kaye           309,215                   1.03            706,419
Mr Michael Brown         186,551                   0.62            706,418


Contact                         N G McNair Scott        020 7629 0113
Date of Notification:                                   16 November 2001