Director Shareholding

Ricardo PLC
11 October 2000


Ricardo  plc  ('Ricardo' or 'the company') announces that on 10 October  2000,
the  following three executive directors sold shares in the company to satisfy
the 40% tax liability arising following the allotment of shares under the LTIP
plan.

Under  the  LTIP,  John  Needham  was  allotted  18,329  Ricardo  shares.   He
subsequently  sold  7,332 of these shares at a price of  505p.   Mr  Needham's
resultant  holding is 10,997 shares, representing 0.0% of the ordinary  issued
share  capital.   In  addition,  he continues to  hold  options  over  132,769
ordinary shares.

Rodney  Westhead  was  allotted 63,904 Ricardo shares  and  subsequently  sold
25,562  shares at a price of 505p.  Mr Westhead's resultant holding is  67,505
shares,  representing 0.1% of the ordinary issued share capital.  In addition,
he continues to hold options over 294,391 ordinary shares.

Andrew  Goodburn  was  allotted 38,652 Ricardo shares  and  subsequently  sold
15,461  shares at a price of 505p.  Mr Goodburn's resultant holding is  59,083
shares,  representing 0.1% of the ordinary issued share capital.  In addition,
he continues to hold options over 118,493 ordinary shares.