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Novar PLC (~224)

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Wednesday 12 January, 2005

Novar PLC

Director Shareholding

Novar PLC
12 January 2005

12 January 2005





                           Novar plc (The "Company")

  Sale of shares by Mourant & Co Trustees Limited as the Trustee of the Novar
                          Employee Trust (the "ESOP")



This ESOP has been established for the purpose of satisfying the exercise of
options under the Novar plc 1996 Executive Share Option Scheme.  Following the
exercise of options by former non-director employees of the Company, in
accordance with his normal entitlement under the Scheme rules, the following
sale of Novar plc Ordinary shares has taken place:



On 11 January 2005 348,345 shares were sold by the ESOP at a price of 189.25p.



Mourant & Co Trustees Limited now holds 16,359,941 Ordinary shares as the
Trustee of the above ESOP and this represents approximately 3.79% of the issued
Ordinary shares of the Company.



Each of the following Directors of the Company, being potential beneficiaries of
the ESOP, is, for Companies Act purposes, regarded as having an interest in
these shares.



Mr D A Dayan
Mr M J E McKeon




                       This information is provided by RNS
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