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National Express (NEX)

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Tuesday 03 December, 2002

National Express

Director Shareholding

National Express Group PLC
03 December 2002

The Company has been informed that on 2 December 2002, the Trustee of the
National Express Group Qualifying Employee Share Trust transferred 129,683
ordinary shares at £3.36 and 202,916 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 604,392 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.

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