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Brambles Industries (BI.)

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Monday 04 March, 2002

Brambles Industries

Director Shareholding

Brambles Industries PLC
4 March 2002



1)  Name of company

Brambles Industries Limited

2)  Name of director

D R Argus

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

In respect of (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)

Alamiste Pty 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)

Relates to the director

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


7)  Number of shares/amount of stock acquired


8)  Percentage of issued class


9)  Number of shares/amount of stock disposed


10) Percentage of issued class


11) Class of security

Ordinary shares of Brambles Industries Limited

12) Price per share

A$9.028 per share

13) Date of transaction

28 February 2002

14) Date company informed

1 March 2002

15) Total holding following this notification

4,129 ordinary shares held directly

72,000 ordinary shares held by Alamiste Pty Ltd

16) Total percentage holding of issued class following this notification


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

This notification relates to a purchase of shares in Brambles Industries
Limited and all of the figures relate to that company and its share capital.

The holding in Alamiste Pty Limited is as trustee of a family trust

24) Name of contact and telephone number for queries

Lorraine Young, 020 7659 6020

25) Name of authorised company official responsible for
    making this notification

Lorraine Young, Company Secretary, Brambles Industries plc

Date of Notification 4 March 2002

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