Directors' Dealings

London Securities PLC
1 March 2000


DEALINGS BY DIRECTORS

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 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
     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 - 20,000 SHARES
       EUROPEAN   FIRE  PROTECTION  HOLDING  B.V.  ('EFPH')-
9,496,124 SHARES
      EFS  PROPERTY  HOLDINGS  LIMITED  ('EFS  PROPERTY')  -
3,840,370 SHARES
     EOI EUROPEAN OVERSEAS INVESTMENTS SARL ('EOI') - 50,000
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  EOI,  A COMPANY OF WHICH  JACQUES  GASTON
    MURRAY IS THE SOLE BENEFICIAL OWNER

7)   Number of shares/amount of stock acquired
     50,000

8)   (0.34 %)
     of issued class

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

10)  (N/A %)
     of issued class

11)  Class of security
     ORDINARY SHARES

12)  Price per share
     250 p

13)  Date of transaction
     28 FEBRUARY 2000

14)  Date company informed
     29 FEBRUARY 2000

15)  Total holding following this notification
     13,406,494 ORDINARY SHARES

16) Total percentage holding of issued class following  this
    notification
     91.9 %

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  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
     N/A

23)  Any additional information
     JACQUES  GASTON MURRAY IS THE SOLE BENEFICIAL OWNER  OF
     EOI  AND  IS  ULTIMATELY THE SOLE BENEFICIAL  OWNER  OF
     EFPH.   EFS  PROPERTY  IS  AN  INDIRECT  WHOLLY   OWNED
     SUBSIDIARY OF EFPH.

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
1 MARCH 2000