Director Shareholding

Teather & Greenwood Holdings PLC
17 August 2004


TEATHER & GREENWOOD HOLDINGS PLC

17 AUGUST 2004

DEALINGS BY DIRECTORS

1) NAME OF COMPANY

TEATHER & GREENWOOD HOLDINGS PLC


2) NAME OF DIRECTOR

E K FORD


3) Please state whether notification indicates that it is in respect of holding
of the director named in 2 above or holding of that person's spouse or children
under the age of 18 or in respect of a non-beneficial interest

HOLDING OF DIRECTOR NAMED IN 2 ABOVE


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

AS NAMED IN 2 ABOVE


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

N/A


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

SALE OF SHARES


7) Number of shares/amount of stock acquired

422,000


8) (0.74%)

of issued class


9) Number of shares/amount of stock disposed

N/A


10) (N/A %)

of issued class


11) Class of security

10p ORDINARY SHARES


12) Price per share

30.5p


13) Date of transaction

17 AUGUST 2004


14) Date company informed

17 AUGUST 2004


15) Total holding following this notification

3,567,484


16) Total percentage holding of issued class following this notification

6.26%


ADDITIONAL INFORMATION


Name of contact and telephone number for queries

STEVE AUSTIN
020 7426 9000


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

N S STAGG


Date of notification

17 AUGUST 2004


END

                      This information is provided by RNS
            The company news service from the London Stock Exchange