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Brambles Industries (BI.)

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Tuesday 03 December, 2002

Brambles Industries

Director Shareholding

Brambles Industries PLC
03 December 2002


BRAMBLES INDUSTRIES PLC
DIRECTORS' INTERESTS


The following announcement has been released to the Australian Stock Exchange
for Brambles Industries Limited



Contact                                Sandra Walters, Assistant Company
Secretary                              Tel   020 7659 6039


3 December 2002

Rule 3.19A.2

Appendix 3Y

Change of Director's Interest Notice

Information or documents not available now must be given to ASX as soon as
available.  Information and documents given to ASX become ASX's property and may
be made public.

Introduced 30/9/2001.


Name of entity      BRAMBLES INDUSTRIES LIMITED               BRAMBLES INDUSTRIES PLC

                    ('BIL')                                   ('BIP')
ABN                 22 000 129 868                            N/A



We (the entity) give ASX the following information under listing rule 3.19A.2
and as agent for the director for the purposes of section 205G of the
Corporations Act.


Name of Director                            GRAHAM JOHN KRAEHE

Date of last notice                         30 August 2002



Part 1 - Change of director's relevant interests in securities

In the case of a trust, this includes interests in the trust made available by
the responsible entity of the trust


Direct or indirect interest                 Indirect interest
Nature of indirect interest                 Shares purchased by trustee of a private superannuation
                                            fund of which Mr Kraehe is a member
(including registered holder)

Note: Provide details of the circumstances
giving rise to the relevant interest.


Date of change                              29 November 2002
No. of securities held prior to change      BIL  -  21,561 held by Private Super Fund

                                            BIP -  Nil
Class                                       Ordinary Shares
Number acquired                             10,000
Number disposed                             N/A






Value/Consideration

Note: If consideration is non-cash, provide A$4.52 per share
details and estimated valuation


No. of securities held after change         BIL  -  31,561 held by Private Super Fund

                                            BIP -  Nil
Nature of change

Example: on-market trade, off-market trade, On-market trade
exercise of options, issue of securities
under dividend reinvestment plan,
participation in buy-back



Part 2 - Change of director's interests in contracts


Detail of contract                      Nil
Nature of interest




Name of registered holder

(if issued securities)


Date of change
No. and class of securities to which
interest related prior to change

Note: Details are only required for a
contract in relation to which the
interest has changed


Interest acquired
Interest disposed
Value/Consideration

Note: If consideration is non-cash,
provide details and an estimated
valuation


Interest after change






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