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National Express (NEX)

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Friday 22 November, 2002

National Express

Director Shareholding

National Express Group PLC
22 November 2002



The Company has been informed that on 21 November 2002, the Trustee of the
National Express Group Qualifying Employee Share Trust transferred 898 ordinary
shares at £4.27 to satisfy the exercise of options under the National Express
Group 1992 Savings Related Share Scheme.  Following this transfer, the National
Express Group Qualifying Employee Share Trust holds a total interest in the
Company of 936,991 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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