Director Shareholding

London Stock Exchange Plc
26 July 2001

                                 SCHEDULE 11

         NOTIFICATION OF INTERESTS OF DIRECTORS AND CONNECTED PERSONS

1) Name of company

London Stock Exchange plc

2) Name of director

Clara Furse

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

Shareholder in 2 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)

Clara Furse

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

7) Number of shares/amount of
stock acquired

50,000

8) Percentage of issued class

0.017%

9) Number of shares/amount
of stock disposed

N/A

10) Percentage of issued class

N/A

11) Class of security

Ordinary shares of 5p each

12) Price per share

£3.18

13) Date of transaction

25 July 2001

14) Date company informed

25 July 2001

15) Total holding following this notification

184,460 (of which 84,460 are held by Trustee Mourant & Co.)

16) Total percentage holding of issued class following this notification

0.062%(of which 0.028% is held by the Trustee Mourant & Co.)

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

N/A

24) Name of contact and telephone number for queries

Lisa Condron, 020 7797 3517

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

Lisa Condron, Company Secretary

Date of Notification 26 July 2001