RNS Number:4199J
Associated British Ports Hldgs PLC
31 March 2003


E-MAIL: hrees@abports.co.uk
Direct Line: 020 7430 6837

31 March 2003


London Stock Exchange
Company Announcements Office
Old Broad Street
London
EC2N 1HP


Dear Sirs

ASSOCIATED BRITISH PORTS - SHARE INCENTIVE PLAN

Associated British Ports Holdings PLC wishes to announce that the trustee of its
Share Incentive Plan (Computershare Trustees Limited) has today acquired 280,345
shares at a price of #3.99 for the employees of ABPH.

The shares will be held in trust for five years.

Bo Lerenius and Richard Adam are participating in the Plan and accordingly have
been allocated 156 shares each. (Please see the accompanying directors'
announcements).



Yours faithfully

Hywel Rees
Company Secretary
Associated British Ports Holdings PLC


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