Director Shareholding

NWF Group PLC
20 August 2003


                         NWF Group plc ('the Company')


Directors Shareholding


NWF Group plc announces that it was informed yesterday that Mr. Mark H Hudson, a
non-executive Director, sold 15,000 ordinary shares of 25p each in the Company.
Firstly 5,000 ordinary shares were sold at a price of 383p per share on 15 of
August 2003 and 10,000 ordinary shares were sold at a price of 387p per share on
the 18 August 2003.

Follow these sales Mr.Hudson's total shareholding in the Company is 115,520
ordinary shares representing 1.45% of the Company's issued ordinary share
capital.

20 August 2003



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