Director Shareholding

R.E.A.Hldgs PLC
16 May 2001



                                  SCHEDULE 11

         NOTIFICATION OF INTERESTS OF DIRECTORS AND CONNECTED PERSONS

1)  Name of company

R.E.A. Holdings plc

2)  Name of director

Richard Michael Robinow

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 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)

as in 2 above

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

Acceptance of open offer dated 10 April 2001


7)  Number of shares/amount of
    stock acquired

52,416

8)  Percentage of issued class

0.42%

9)  Number of shares/amount
    of stock disposed

N/A

10) Percentage of issued class

N/A

11) Class of security

Ordinary shares of 25p each

12) Price per share

46 pence

13) Date of transaction

8 May 2001

14) Date company informed

15 May 2001

15) Total holding following this notification

97,499

16) Total percentage holding of issued class following this notification

0.78%

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

17) Date of exercise

N/A

18) Period during which or date on which exercisable

N/A


19) Total amount paid (if any) for exercise 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

Patricia Haylock   020 7419 0100

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

Nigel Newby, Managing Director

Date of Notification 16 May 2001

End