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National Express (NEX)

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Wednesday 18 September, 2002

National Express

Director Shareholding

National Express Group PLC
18 September 2002

The Company has been informed that on 6 September 2002 and 17 September 2002,
the Trustee of the National Express Group Qualifying Employee Share Trust
transferred 1,767 ordinary shares at £4.27 and 2,635 at £4.27 respectively to
satisfy the exercise of options under the National Express Group 1992 Savings
Related Share Scheme.  Following these transfers, the National Express Group
Qualifying Employee Share Trust holds a total interest in the Company of 938,792
shares.  As all employees of the Company and its subsidiaries are potential
beneficiaries under the Trust on an equal basis, the executive directors of the
Company, Messrs P M White, R O'Toole and W P Rollason, in their capacity as
members of the class of potential beneficiaries under the Trust, are deemed to
have an interest in these shares pursuant to the Companies Act 1985.


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