Director Shareholding

Titon Holdings PLC
15 July 2003



                       Titon Holdings Plc (the "Company")

                                Director's Dealing



The Company was informed today that Mr Christopher Jarvis, a director of the
Company, yesterday sold to certain employee's 5,000 ordinary shares of 10p each
in the Company ("Ordinary Shares") at £1.04 per Ordinary Share.


Of these Ordinary Shares sold by Mr Jarvis, 1,000 Ordinary Shares were purchased
by Christopher Martin, also a director of the Company, at £1.04 per Ordinary
Share.


As a result, Mr Jarvis and Mr Martin have an interest in 71,500 and 43,000
Ordinary Shares respectively, representing 0.68 and 0.41 per cent. of the
Company's current issued ordinary share capital respectively.


15 July 2003






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