RNS Number:9678T
Premier Asset Management PLC
07 January 2004

                                  SCHEDULE 11

          NOTIFICATION OF INTERESTS OF DIRECTORS AND CONNECTED PERSONS

1.      Name of Company

PREMIER ASSET MANAGEMENT PLC

2.      Name of Director

JONATHAN FRY

3.      Please state whether notification indicates that it is in respect of
holding of the shareholder named in 2 above or in respect of a non-beneficial
interest or in the case of an individual holder if it is a holding of that
person's spouse or children under the age of 18 or in respect of a
non-beneficial interest

As Above

4.      Name of the registered holder(s) and, if more than one holder, the
number of shares held by each of them (if notified)

BNY (OCS) NOMINEES LIMITED (164,910)

JONATHAN FRY                               (276,308)

CATHERINE FRY (Spouse)               (35,961)

JONATHAN FRY a/c AJHF              (14,000)

JONATHAN FRY a/c CEF                (14,000)

5.      Please state whether notification relates to a person(s) connected with
the Director named in 2 above and identify the connected person(s)

AS ABOVE

6.      Please state the nature of the transaction. For PEP transactions please
indicate whether general/single co PEP and if discretionary/non discretionary

Purchase of shares

7.      Number of shares/amount of stock acquired

19,000

8.      Percentage of issued class

0.16%

9.      Number of shares/amount of stock disposed

N/A

10.  Percentage of issued class

N/A

11.  Class of security

Ordinary shares of 10p each

12.  Price per share

52.5p

13.  Date of transaction

6th January 2004

14.  Date company informed

7th January 2004

15.  Total holding following this notification

505,179

16.  Total percentage holding of issued class following this notification

4.24%

If a director has been granted options by the company please complete the
following boxes

17.  Date of grant



18.  Period during which or date on which exercisable



19.  Total amount paid (if any) for grant of the option



20.  Description of shares or debentures involved: class, number



21.  Exercise price (if fixed at time of grant) or indication that price is to
be fixed at time of exercise



22.  Total number of shares or debentures over which options held following this
notification



23.  Any additional information



24.  Name of contact and telephone number for queries

NEIL MACPHERSON - 01483 400420

25.  Name and signature of authorised company official responsible for making
this notification

            NEIL MACPHERSON

 Date of Notification: 7th January 2004


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