RNS Number:7955L
BWD Securities PLC
02 June 2003

  BLOCK LISTING RETURN

1    NAME OF COMPANY                      BWD SECURITIES PLC

2    NAME OF SCHEME                       EXECUTIVE SHARE OPTION SCHEME


3    PERIOD OF RETURN                            FROM 01/12/02 TO 31/05/03

4    NUMBER & CLASS OF SHARE (S)                                        22,504
     (AMOUNT OF STOCK/DEBT
     SECURITY) NOT ISSUED UNDER
     SCHEME AT END OF LAST PERIOD

5    NUMBER OF SHARES ISSUED/                                              NIL
     ALLOTTED UNDER SCHEME
     DURING PERIOD

6    BALANCE UNDER SCHEME NOT                                           22,504
     YET ISSUED/ALLOTTED AT END
     OF PERIOD

7    NUMBER AND CLASS OF SHARES                                        575,500   01/09/93
     ORIGINALLY LISTED & DATE OF
     ADMISSION

8    TOTAL NUMBER OF SHARES IN
     ISSUE AT END OF THE PERIOD                                      22,077,129


     CONTACT FOR QUERIES           J P WRAGG        01484  607722




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