RNS Number:4069R
Quayle Munro Holdings PLC
28 October 2003

                         QUAYLE MUNRO HOLDINGS PLC

                                Grant of Options

On 28 October 2003 the Board of Quayle Munro Holdings PLC granted options over
ordinary shares of 10p each to the following Directors of the Company, in
accordance with the terms of the Executive Share Option Scheme 1993 and the 1995
Unapproved Share Option Scheme.  All of the options granted on 28 October 2003
have an exercise price of 430.5p.

Director                                               No.of Options

J C Elliot                                                    16,528
A A T Ostrowski                                                9,010
A C Ritchie                                                    7,464
M D Watt                                                       7,065


                      This information is provided by RNS
            The company news service from the London Stock Exchange
END

RDSEAKEPAFNDFFE