RNS Number:0130N
Abbeycrest PLC
01 July 2003


For Immediate Release                                                1 July 2003

                                 Abbeycrest PLC
                                        
                          Directors' Share Option Award
                                        
          Notification Under the Listing Rules - Directors - Rule 16.3


The following options over ordinary shares of 10 pence each in the capital of
the Company have been granted to the following executive director, at a price of
64 pence per share:


Director's Name                Number of Options Granted

Philip Walker                  312,500


These options have been granted under the Abbeycrest PLC unapproved executive
share option scheme. Criteria for corporate performance have to be satisfied
before the options become capable of exercise.


Ends.


Enquires:


Michael Lever, Chairman,

Phil Walker, Group Finance Director,

Abbeycrest Plc 0113 2845702


Paul Vann,

Binns & Co PR Limited 020 7786 9600



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