Director Shareholding

Severfield-Rowen PLC 14 May 2002 SCHEDULE 11 NOTIFICATION OF INTERESTS OF DIRECTORS AND CONNECTED PERSONS AVS NO All relevant boxes should be completed in block capital letters. 1. Name of company 2. Name of director SEVERFIELD ROWEN PETER EMERSON 3. Please state whether notification indicates that it 4. Name of the registered holder(s) and, if more than one is in respect of holding of the shareholder named holder, the number of shares held by each of them (if in 2 above or in respect of a non-beneficial notified) interest or in the case of an individual holder if it is a holding of that person's spouse or children under the age of 18 or in respect of an non-beneficial interest 2 ABOVE PETER EMERSON 5. Please state whether notification relates to a 6. Please state the nature of the transaction. For PEP person(s) connected with the director named in 2 transactions please indicate whether general/single above and identify the connected person(s) co PEP and if discretionary/non discretionary /non discretionary 2 ABOVE EXERCISE OF 100,000 OPTIONS AND SALE OF 94,000 SHARES 7. Number of shares/ 8. Percentage of issued 9. Number of shares/amount of 10. Percentage of issued class amount of stock class stock disposed acquired 100,000 0.50% 94,000 0.47% 11. Class of security 12. Price per share 13. Date of transaction 14. Date company informed EXERCISE PRICE 224P 14 MAY 2002 14 MAY 2002 Ordinary shares DISPOSAL PRICE 335P 15. Total holding following this notification 16. Total percentage holding of issued class following this notification 6,000 0.03% If a director has been granted options by the company please complete the following boxes. 17. Date of grant 18. Period during which or date on which exercisable 19. Total amount paid (if any) for grant of the option 20. Description of shares or debentures involved: class, number 21. Exercise price (if fixed at time of grant) or 22. Total number of shares or debentures over which options indication that price is to be fixed at time of held following this notification exercise 23. Any additional information 24. Name of contact and telephone number for queries 25. Name and signature of authorised company official responsible for making this notification Date of notification ___14 May 2002_________ Company Announcements Office, Old Broad Street, London EC2N 1HP Facsimile: 020 7588 6057, 020 7334 8964/8965/8966 (PLEASE DO NOT POST) Enquiries: Company Monitoring; UK Listing Authority This information is provided by RNS The company news service from the London Stock Exchange


Severfield (SFR)
UK 100

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