Director Shareholding

Ricardo PLC 13 February 2003 Ricardo plc - Directors' Interests in Shares On 13 February 2003 Ricardo Quest Trustees Limited, a wholly-owned subsidiary of Ricardo plc, a trustee of the Ricardo Qualifying Employee Share Ownership Trust (the 'QUEST') acquired by subscription, at a price of 260p per share, a total of 134,681 ordinary shares of 25p each in Ricardo plc (all of which are to be used to satisfy options exercised under the Company's savings-related share option scheme). As potential beneficiaries under the QUEST, each executive director of Ricardo plc is treated as being interested in all shares acquired by the QUEST. As of today's date, the QUEST holds 134,681 shares in the Company. The directors of Ricardo plc who may be considered to be potential beneficiaries of the shares detailed in this notification are: R J Westhead A R Goodburn C R Bates J W Holt S Parker G Andrews C Hickman Name of contact and telephone number for queries: M Wightman Tel: 01273 794416/455611 Date of Notification 13 February 2003 This information is provided by RNS The company news service from the London Stock Exchange

Companies

Ricardo (RCDO)
UK 100

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