RNS Number:5321T
Gresham House PLC
22 December 2003


                                  SCHEDULE 11

          NOTIFICATION OF INTERESTS OF DIRECTORS AND CONNECTED PERSONS

1. Name of company
Gresham House plc

2. Name of director
Thomas Jeremy Rowe

3. Please state whether notification indicates that it is in respect of holding
of the shareholder named in 2 above or in respect of a non-beneficial 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 a non-beneficial
interest
In respect of Mr Rowe and spouse

4. Name of the registered holder(s) and, if more than one holder, the number of
shares held by each of them (if notified)
Mr T J Rowe and Mrs Rowe

5. Please state whether notification relates to a person(s) connected with the
director named in 2 above and identify the connected person(s)
Director and Spouse

6. Please state the nature of the transaction. For PEP transactions please
indicate whether general/single co PEP and if discretionary/non discretionary
Transfer by director to his wife

7. Number of shares / amount of stock acquired
   2,000

8. Percentage of issued class
 0.042

9. Number of shares/amount of stock disposed
   2,000

10. Percentage of issued class
    0.042

11. Class of security
Ordinary 25p

12. Price per share
    310p

13. Date of transaction
19th December, 2003

14. Date company informed
19th December, 2003

15. Total holding following this notification
40,000

16. Total percentage holding of issued class following this notification
0.84

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 indication that price is to be
fixed at time of exercise

22. Total number of shares or debentures over which options held following this
notification

 23. Any additional information

 24. Name of contact and telephone number for queries
B J Hallett 020 7588 7352

25. Name and signature of authorised company official responsible for making
this notification
B J Hallett - Director & Company Secretary

Date of Notification
22nd December, 2003

The FSA does not give any express or implied warranty as to the accuracy of this
document or material and does not accept any liability for error or omission.
The FSA is not liable for any damages (including, without limitation, damages
for loss of business or loss of profits) arising in contract, tort or otherwise
from the use of or inability to use this document, or any material contained in
it, or from any action or decision taken as a result of using this document or
any such material.



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