RNS No 2909m
LONDON & METROPOLITAN PLC
4th December 1997

     Notification of Interests of Directors and Connected Persons

On 3rd December 1997, all options previously granted under the Company's Share
Option Scheme, to Mr J A Warman, a director of the Company, amounting in total
to 500,000 ordinary shares of 5p each, were surrendered and cancelled:-

Date Option                Number
Granted                    of Shares
-----------                ---------

20th December 1991         32,000
18th August 1994          468,000

On the same date, an award was made to Mr Warman under the Executive Incentive
Scheme, as separately notified.


Enquiries

G Jones Esq
London & Metropolitan PLC
Tel: 0171 925 2383

END




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