Share Acquisition

Rolls-Royce PLC
2 November 2001

                                                               2 November 2001



                               ROLLS-ROYCE plc

Rolls-Royce plc announced today (2 November 2001) that on 1 November 2001 the
Trustee of the Rolls-Royce Employee Share Trust entered into agreements to
acquire 20 million Rolls-Royce shares at an average price of £1.5056 per share
for the purpose of satisfying, in due course, the exercise of options granted
under the Rolls-Royce Sharesave Scheme 1997.

For further information please contact:

Tim Blythe

Director - Corporate Communications

Rolls-Royce plc

Tel: [phone]

Website: www.rolls-royce.com