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Brambles Industries (BI.)

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Monday 24 November, 2003

Brambles Industries

Director Shareholding

Brambles Industries PLC
24 November 2003



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


24 November 2003



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                        DONALD ROBERT ARGUS
Date of last notice                     8 September 2003


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
Nature of indirect interest                        Shares purchased by Alamiste
                                                   Pty Ltd Super Fund (trustee
                                                   of family trust)
(including registered holder)
Note: Provide details of the circumstances giving
rise to the relevant interest.

Date of change                                     20 November 2003
No. of securities held prior to change             BIL       -           106,129
                                                   ordinary shares held by
                                                   Alamiste Pty Ltd
                                                   BIP      -           Nil
Class                                              Ordinary Shares
Number acquired                                                         11,000
Number disposed                                    No net change


Value/Consideration
Note: If consideration is non-cash, provide                         $49,830.00
details and estimated valuation

No. of securities held after change                BIL       -           117,129
                                                   ordinary shares held by
                                                   Alamiste Pty Ltd
                                                   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