Directors' Dealings

STOREHOUSE PLC
25 August 1999


We write to advise you that we have been advised that pursuant to elections
under the Dividend Re-Investment Plan in relation to the Storehouse Dividend
paid on 18 August 1999 that the following directors have acquired further shares
in Storehouse Plc:

                              Further Shares      Holding following
                                                  this notification

Alan Smith                        1038              22,984

Brian Hardy                        842              18,644

Angela Heylin                      305              13,755

Chris Martin                       536              11,863

LETTER FROM: CLIVE E REVETT
             GROUP COMPANY SECRETARY 
             STOREHOUSE PLC