Director Shareholding

Spirax-Sarco Engineering PLC
28 March 2001


                       DEALINGS BY DIRECTORS


1)  NAME OF COMPANY

SPIRAX-SARCO ENGINEERING PLC


2)  NAME OF DIRECTOR

ALAN DENNIS HOLLIS BLACK

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 an non-beneficial interest

ALAN DENNIS HOLLIS BLACK

4)  Name of the registered holder(s) and, if more than one holder, the
    number of shares held by each of them. (If notified)

ALLAN DENNIS HOLLIS BLACK


5)  Please state whether notification relates to a person(s) connected
    with the Director named in 2 above and identify the connected person(s)

ALLAN DENNIS HOLLIS BLACK

6)  Please state the nature of the transaction. For PEP transactions
    please indicate whether general/single co PEP and if discretionary/non
    discretionary

GRANT OF OPTION

7)  Number of shares/amount of
    stock acquired



8)   (N/A %)
    of issued Class


9)  Number of shares/amount
    of stock disposed



10)  ( N/A %)
    of issued Class


11) Class of security




12) Price per share



13) Date of transaction



14) Date company informed



15) Total holding following this notification



16) Total percentage holding of issued class following this notification



     IF A DIRECTOR HAS BEEN GRANTED OPTIONS BY THE COMPANY PLEASE
                    COMPLETE THE FOLLOWING BOXES

17) Date of grant

27TH MARCH 2001

18) Period during which or date on which exercisable

EXERCISABLE BETWEEN 3 AND 10 YEARS FROM THE DATE OF GRANT SUBJECT TO 
PERFORMANCE CRITERIA


19) Total amount paid (if any) for grant of the option

NONE


20) Description of shares or debentures involved: class, number.

ORDINARY SHARES - 20,000

21) Exercise price (if fixed at time of grant) or indication that price
    is to be fixed at time of exercise

397.66666P


22) Total number of shares or debentures over which options held
    following this notification

90,069

23) Any additional information



24) Name of contact and telephone number for queries

GUY STAINER, MERRILL LYNCH - TEL [phone]

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

   MRS M F RICKETTS

   Date of Notification       28 MARCH 2001                          


                       DEALINGS BY DIRECTORS


1)  NAME OF COMPANY

SPIRAX-SARCO ENGINEERING PLC


2)  NAME OF DIRECTOR

GRAHAM PAUL MARCHAND

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 an non-beneficial interest

GRAHAM PAUL MARCHAND

4)  Name of the registered holder(s) and, if more than one holder, the
    number of shares held by each of them. (If notified)

GRAHAM PAUL MARCHAND


5)  Please state whether notification relates to a person(s) connected
    with the Director named in 2 above and identify the connected person(s)

GRAHAM PAUL MARCHAND

6)  Please state the nature of the transaction. For PEP transactions
    please indicate whether general/single co PEP and if discretionary/non
    discretionary

GRANT OF OPTION

7)  Number of shares/amount of
    stock acquired



8)   (N/A %)
    of issued Class


9)  Number of shares/amount
    of stock disposed



10)  ( N/A %)
    of issued Class


11) Class of security




12) Price per share



13) Date of transaction



14) Date company informed



15) Total holding following this notification



16) Total percentage holding of issued class following this notification



     IF A DIRECTOR HAS BEEN GRANTED OPTIONS BY THE COMPANY PLEASE
                    COMPLETE THE FOLLOWING BOXES

17) Date of grant

27TH MARCH 2001

18) Period during which or date on which exercisable

EXERCISABLE BETWEEN 3 AND 10 YEARS FROM THE DATE OF GRANT SUBJECT TO 
PERFORMANCE CRITERIA


19) Total amount paid (if any) for grant of the option

NONE


20) Description of shares or debentures involved: class, number.

ORDINARY SHARES - 20,000

21) Exercise price (if fixed at time of grant) or indication that price
    is to be fixed at time of exercise

397.66666P


22) Total number of shares or debentures over which options held
    following this notification

140,137

23) Any additional information



24) Name of contact and telephone number for queries

GUY STAINER, MERRILL LYNCH - TEL [phone]

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

   MRS M F RICKETTS

   Date of Notification       28 MARCH 2001                          


                       DEALINGS BY DIRECTORS


1)  NAME OF COMPANY

SPIRAX-SARCO ENGINEERING PLC


2)  NAME OF DIRECTOR

DAVID JOHN MEREDITH

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 an non-beneficial interest

DAVID JOHN MEREDITH

4)  Name of the registered holder(s) and, if more than one holder, the
    number of shares held by each of them. (If notified)

DAVID JOHN MEREDITH


5)  Please state whether notification relates to a person(s) connected
    with the Director named in 2 above and identify the connected person(s)

DAVID JOHN MEREDITH

6)  Please state the nature of the transaction. For PEP transactions
    please indicate whether general/single co PEP and if discretionary/non
    discretionary

GRANT OF OPTION

7)  Number of shares/amount of
    stock acquired



8)   (N/A %)
    of issued Class


9)  Number of shares/amount
    of stock disposed



10)  ( N/A %)
    of issued Class


11) Class of security




12) Price per share



13) Date of transaction



14) Date company informed



15) Total holding following this notification



16) Total percentage holding of issued class following this notification



     IF A DIRECTOR HAS BEEN GRANTED OPTIONS BY THE COMPANY PLEASE
                    COMPLETE THE FOLLOWING BOXES

17) Date of grant

27TH MARCH 2001

18) Period during which or date on which exercisable

EXERCISABLE BETWEEN 3 AND 10 YEARS FROM THE DATE OF GRANT SUBJECT TO 
PERFORMANCE CRITERIA


19) Total amount paid (if any) for grant of the option

NONE


20) Description of shares or debentures involved: class, number.

ORDINARY SHARES - 20,000

21) Exercise price (if fixed at time of grant) or indication that price
    is to be fixed at time of exercise

397.66666P


22) Total number of shares or debentures over which options held
    following this notification

162,752

23) Any additional information



24) Name of contact and telephone number for queries

GUY STAINER, MERRILL LYNCH - TEL [phone]

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

   MRS M F RICKETTS

   Date of Notification       28 MARCH 2001                          



                       DEALINGS BY DIRECTORS


1)  NAME OF COMPANY

SPIRAX-SARCO ENGINEERING PLC


2)  NAME OF DIRECTOR

PETER ANTHONY SMITH

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 an non-beneficial interest

PETER ANTHONY SMITH

4)  Name of the registered holder(s) and, if more than one holder, the
    number of shares held by each of them. (If notified)

PETER ANTHONY SMITH


5)  Please state whether notification relates to a person(s) connected
    with the Director named in 2 above and identify the connected person(s)

PETER ANTHONY SMITH

6)  Please state the nature of the transaction. For PEP transactions
    please indicate whether general/single co PEP and if discretionary/non
    discretionary

GRANT OF OPTION

7)  Number of shares/amount of
    stock acquired



8)   (N/A %)
    of issued Class


9)  Number of shares/amount
    of stock disposed



10)  ( N/A %)
    of issued Class


11) Class of security




12) Price per share



13) Date of transaction



14) Date company informed



15) Total holding following this notification



16) Total percentage holding of issued class following this notification



     IF A DIRECTOR HAS BEEN GRANTED OPTIONS BY THE COMPANY PLEASE
                    COMPLETE THE FOLLOWING BOXES

17) Date of grant

27TH MARCH 2001

18) Period during which or date on which exercisable

EXERCISABLE BETWEEN 3 AND 10 YEARS FROM THE DATE OF GRANT SUBJECT TO 
PERFORMANCE CRITERIA


19) Total amount paid (if any) for grant of the option

NONE


20) Description of shares or debentures involved: class, number.

ORDINARY SHARES - 20,000

21) Exercise price (if fixed at time of grant) or indication that price
    is to be fixed at time of exercise

397.66666P


22) Total number of shares or debentures over which options held
    following this notification

145,345

23) Any additional information



24) Name of contact and telephone number for queries

GUY STAINER, MERRILL LYNCH - TEL [phone]

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

   MRS M F RICKETTS

   Date of Notification       28 MARCH 2001                          



                       DEALINGS BY DIRECTORS


1)  NAME OF COMPANY

SPIRAX-SARCO ENGINEERING PLC


2)  NAME OF DIRECTOR

PETER MICHAEL SMITH

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 an non-beneficial interest

PETER MICHAEL SMITH

4)  Name of the registered holder(s) and, if more than one holder, the
    number of shares held by each of them. (If notified)

PETER MICHAEL SMITH


5)  Please state whether notification relates to a person(s) connected
    with the Director named in 2 above and identify the connected person(s)

PETER MICHAEL SMITH

6)  Please state the nature of the transaction. For PEP transactions
    please indicate whether general/single co PEP and if discretionary/non
    discretionary

GRANT OF OPTION

7)  Number of shares/amount of
    stock acquired



8)   (N/A %)
    of issued Class


9)  Number of shares/amount
    of stock disposed



10)  ( N/A %)
    of issued Class


11) Class of security




12) Price per share



13) Date of transaction



14) Date company informed



15) Total holding following this notification



16) Total percentage holding of issued class following this notification



     IF A DIRECTOR HAS BEEN GRANTED OPTIONS BY THE COMPANY PLEASE
                    COMPLETE THE FOLLOWING BOXES

17) Date of grant

27TH MARCH 2001

18) Period during which or date on which exercisable

EXERCISABLE BETWEEN 3 AND 10 YEARS FROM THE DATE OF GRANT SUBJECT TO 
PERFORMANCE CRITERIA


19) Total amount paid (if any) for grant of the option

NONE


20) Description of shares or debentures involved: class, number.

ORDINARY SHARES - 20,000

21) Exercise price (if fixed at time of grant) or indication that price
    is to be fixed at time of exercise

397.66666P


22) Total number of shares or debentures over which options held
    following this notification

112,568

23) Any additional information



24) Name of contact and telephone number for queries

GUY STAINER, MERRILL LYNCH - TEL [phone]

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

   MRS M F RICKETTS

   Date of Notification       28 MARCH 2001                          



                       DEALINGS BY DIRECTORS


1)  NAME OF COMPANY

SPIRAX-SARCO ENGINEERING PLC


2)  NAME OF DIRECTOR

MARCUS JOHN DYNE STEEL

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 an non-beneficial interest

MARCUS JOHN DYNE STEEL

4)  Name of the registered holder(s) and, if more than one holder, the
    number of shares held by each of them. (If notified)

MARCUS JOHN DYNE STEEL


5)  Please state whether notification relates to a person(s) connected
    with the Director named in 2 above and identify the connected person(s)

MARCUS JOHN DYNE STEEL

6)  Please state the nature of the transaction. For PEP transactions
    please indicate whether general/single co PEP and if discretionary/non
    discretionary

GRANT OF OPTION

7)  Number of shares/amount of
    stock acquired



8)   (N/A %)
    of issued Class


9)  Number of shares/amount
    of stock disposed



10)  ( N/A %)
    of issued Class


11) Class of security




12) Price per share



13) Date of transaction



14) Date company informed



15) Total holding following this notification



16) Total percentage holding of issued class following this notification



     IF A DIRECTOR HAS BEEN GRANTED OPTIONS BY THE COMPANY PLEASE
                    COMPLETE THE FOLLOWING BOXES

17) Date of grant

27TH MARCH 2001

18) Period during which or date on which exercisable

EXERCISABLE BETWEEN 3 AND 10 YEARS FROM THE DATE OF GRANT SUBJECT TO 
PERFORMANCE CRITERIA


19) Total amount paid (if any) for grant of the option

NONE


20) Description of shares or debentures involved: class, number.

ORDINARY SHARES - 35,000

21) Exercise price (if fixed at time of grant) or indication that price
    is to be fixed at time of exercise

397.66666P


22) Total number of shares or debentures over which options held
    following this notification

185,000

23) Any additional information



24) Name of contact and telephone number for queries

GUY STAINER, MERRILL LYNCH - TEL [phone]

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

   MRS M F RICKETTS

   Date of Notification       28 MARCH 2001