Grant of Options

Hornby PLC
12 March 2001

                          Hornby plc ('the Company')


Director's Share Options


On 12 March 2001, the Company granted options to Directors over 5p ordinary
shares ('Ordinary Shares') as follows:


Director          Options          Exercise price (p)          Date Exercisable

Frank Martin       50,000                       147.5         12.03.04-11.03.11

(Chief Executive)


The above options have all been granted at the average market price on the 3
days prior to the date of grant.


FURTHER INFORMATION


Tom Booth, Beeson Gregory     020 7488 4040


March 12, 2001