Director Shareholding

Sutton Harbour Holdings PLC
23 July 2002



Sutton Harbour Holdings plc announces that it was today informed that the
Johnson Executive Pension Scheme, in which Malcolm Pearce Non-Executive Director
is deemed to be beneficially interested, has today sold 40,000 shares in the
Company at a price of £1.60 per share.  These shares have also today been
repurchased at the same price by Mr Pearce. The transaction was undertaken for
tax reasons and there has been no change to the number of shares in which Mr
Pearce is deemed beneficially to be interested which remains at 40,000 shares in
total.



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