Director Shareholding

Provident Financial PLC
03 January 2003

                                  SCHEDULE 11

          NOTIFICATION OF INTERESTS OF DIRECTORS AND CONNECTED PERSONS


1. Name of company
Provident Financial plc

2. Name of director
David Richard Swann

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 a non-beneficial
interest
Notification in respect of the shareholder 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)
Share Nominees Limited

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

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

7. Number of shares / amount of stock acquired
12

8. Percentage of issued class
0.0000047%

9. Number of shares/amount of stock disposed
-

10. Percentage of issued class
-

11. Class of security
Ordinary shares of 10 4/11 p

12. Price per share
589 p

13. Date of transaction
23 December 2002

14. Date company informed
3 January 2002

15. Total holding following this notification
53,638

16. Total percentage holding of issued class following this notification
0.0211%

If a director has been granted options by the company please complete the
following boxes.

17. Date of grant
-

18. Period during which or date on which exercisable
-

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

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

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




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




23. Any additional information
-

24. Name of contact and telephone number for queries
Ms Caroline L Farbridge

01274 731111 ext. 2569

25. Name and signature of authorised company official responsible for making
this notification
Ms Caroline L Farbridge

Assistant Company Secretary

Date of Notification
3 January 2002


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