Director Shareholding

Proteome Sciences PLC
01 July 2003

                                  SCHEDULE 11

          NOTIFICATION OF INTERESTS OF DIRECTORS AND CONNECTED PERSONS

1      Name of Company
       Proteome Sciences plc

2      Name of Director
       Dr. Sandra Steiner

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
       As 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)
       N/A

5      Please state whether notification relates to a person(s) connected with the Director named in 2 above
       and identify the connected person(s)
       As 2 Above

6      Please state the nature of the transaction. For PEP transactions please indicate whether general/
       single co PEP and if discretionary/non discretionary
       Grant of Options

       (24,000 shares under the Approved Scheme)

       (326,000 shares under the Unapproved Scheme)

       If a director has been granted options by the company please complete the following boxes

17     Date of grant
       30 June 2003

18     Period during which or date on which exercisable

       The Approved Scheme shares (24,000) 30 June 2006 - 30 June 2013

       The Unapproved Scheme shares (326,000) 30 June 2006 - 30 June 2010

19     Total amount paid (if any) for grant of the option
       Nil

20     Description of shares or debentures involved: class, number
       350,000 Ordinary Shares of 1p each

21     Exercise price (if fixed at time of grant) or indication that price is to be fixed at time of exercise
       125p

22     Total number of shares or debentures over which options held following this notification
       350,000 shares

23     Any additional information


24     Name of contact and telephone number for queries
       James Malthouse 01932 865065

25     Name and signature of authorised company official responsible for making this notification
       James Malthouse 01932 865065

26     Date of Notification
       1 July, 2003




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