Director Shareholding

Redrow PLC
30 September 2004


DIRECTORS' SHAREHOLDINGS

Redrow plc ('Redrow') announces that nil consideration options issued under the
Company's Long Term Share Incentive Plan ('the Scheme') of 2001 vested as
follows on 28 September 2004:

P L PEDLEY                     105,520
N FITZSIMMONS                   48,880
B K HARVEY                      46,164
C E LEWIS                       38,794

The following directors on 28 September 2004 exercised options over the
following number of ordinary shares of 10p each in Redrow issued under the
Scheme

P L PEDLEY                     105,520
N FITZSIMMONS                   48,880
B K HARVEY                      72,364 (includes 26,200 under 1999 Scheme)

On 30 September 2004 the following directors sold the following number of shares

P L PEDLEY                     105,520
N FITZSIMMONS                   20,262
B K HARVEY                      29,997

Redrow confirms that as a result of the exercise and sale the following
directors have an interest in the following number of shares

P L PEDLEY                     725,000 (no change)
N FITZSIMMONS                  116,838 (an increase of 28,618)
B K HARVEY                      64,650 (an increase of 42,367)


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