Director Shareholding

London Securities PLC
13 November 2001

                                 SCHEDULE 11

         NOTIFICATION OF INTERESTS OF DIRECTORS AND CONNECTED PERSONS


1)  Name of company:


London Securities PLC


2)  Name of director:

Jacques Gaston Murray


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

Beneficial


4)  Name of the registered holder(s) and, if more than one holder, the
    number of shares held by each of them (if notified)

Jacques Gaston Murray - 10,000 shares EOI Fire Sarl - 11,602,320 shares
Tribjun Corporation - 1,814,174 shares Easton Holding SA - 456,500 shares,
Bantel Holdings SA - 300,120 shares


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

Purchase by Bantel Holdings SA, a company of which Jacques Gaston Murray is
the sole beneficial owner.


7)  Number of shares/amount of stock acquired : 150,120



8)  Percentage of issued class : 1.04%



9)  Number of shares/amount of stock disposed : N/A



10) Percentage of issued class : N/A



11) Class of security : Ordinary Shares



12) Price per share : 495p



13) Date of transaction : 7 November 2001



14) Date company informed : 12 November 2001



15) Total holding following this notification : 14,183,114 ordinary shares



16) Total percentage holding of issued class following this notification :
97.9%



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 price
    is to be fixed at time of exercise : N/A



22) Total number of shares or debentures over which options held
    following this notification : N/A



23) Any additional information : Jacques Gaston Murray is the ultimate
beneficial owner of EOI Fire Sarl, Tribjun Corporation, Easton Holdings SA and
Bantel Holdings SA.



24) Name of contact and telephone number for queries :
Richard Pollard 01422 372852


25) Name and signature of authorised company official responsible for
    making this notification : Richard Pollard Company Secretary

    Date of Notification....13 November 2001....................