Brown (N.) Group PLC
23 May 2001
The company has been informed that, as a result of the sale on 22 May 2001 of
103,650 shares of the company by the N Brown Group Plc No. 2 Employee Share
Ownership Trust ('the No.2 Trust') to various employees within the group on
exercise of their long term incentive share plan awards, and as a result of the
purchase of 74,162 shares of the company by the Trustees of the No.2 Trust, the
number of shares held by the No.2 Trust, in which Mr Jim Martin (Chief
Executive) and Mr Tim Kowalski (Finance Director) together with other employees
within the group, are technically interested as potential beneficiaries, has
reduced to 286,306 shares.
The total consideration received for the sale referred to above was £19.