Director Shareholding

Young & Co's Brewery PLC
6 December 2001


Young & Co.'s Brewery, PLC ('Young's') yesterday received notification in
fulfilment of an obligation imposed by Section 234 of the Companies Act 1985
that:-

 1. Mr J A Young, a director of the company, yesterday exercised an option over
    10,337 Non-voting ordinary shares of 50p each ('NV Shares') of the company
    at an exercise price of 445p per share under the terms of the Young's
    Unapproved Executive Share Option Scheme ('Unapproved Scheme') and
    subsequently sold all of the 10,337 NV Shares at a price of 565p per
    share.
 2. Mr J G A Young, a director of the company, yesterday exercised an option
    over 10,337 NV Shares of the company at an exercise price of 445p per
    share under the terms of the Unapproved Scheme and subsequently sold all
    of the 10,337 NV Shares at a price of 565p per share.
 3. Mr T Sligo-Young, a director of the company, yesterday exercised an option
    over 10,338 NV Shares of the company at an exercise price of 445p per
    share under the terms of the Unapproved Scheme and subsequently sold all
    of the 10,338 NV Shares at a price of 565p per share.
 4. Mr C A Sandland, a director of the company, yesterday exercised options
    over 3,596 NV Shares of the company at an exercise price of 445p per share
    under the terms of the Unapproved Scheme and over 6,741 NV Shares of the
    company at an exercise price of 445p per share under the terms of the
    Young's Approved Executive Share Option Scheme ('Approved Scheme') and
    subsequently sold all of the 10,337 NV Shares at a price of 565p per
    share.
 5. Mr S F Goodyear, a director of the company, yesterday exercised options
    over 3,596 NV Shares of the company at an exercise price of 445p per share
    under the terms of the Unapproved Scheme and over 6,741 NV Shares of the
    company at an exercise price of 445p per share under the terms of the
    Approved Scheme and subsequently sold all of the 10,337 NV Shares at a
    price of 565p per share.
 6. Mr P W Whitehead, a director of the company, yesterday exercised options
    over 3,596 NV Shares of the company at an exercise price of 445p per share
    under the terms of the Unapproved Scheme and over 6,741 NV Shares of the
    company at an exercise price of 445p per share under the terms of the
    Approved Scheme and subsequently sold all of the 10,337 NV Shares at a
    price of 565p per share.



6 December 2001



END