Grant of Share Options-Replct

Churchill China PLC 30 April 2004 This announcement replaces the announcement titled Directors Shareholdings released on Friday 30 April 2004 at 14:42 under RNS number 2102Y. The exercise period for the options granted on 30 April 2004 was incorrectly stated as April 2006 - April 2013, in each case this should read April 2007 - April 2014. The full and correct announcement follows: Churchill China plc Directors Shareholdings On 30 April 2004, Churchill China plc granted options over 10,000 of its ordinary shares under the Unapproved Executive Share Option Scheme at a price of 208p to each of D.J.S.Taylor, D.M.O'Connor and R.N.Grundy. After the grant of these options the Directors retain an interest in the following shares held under option D.J.S.Taylor No. of Scheme Period of exercise Exercise price options 7,500 Unapproved Executive Share Option April 2003 - April 2010 118.5p Scheme 19,500 Executive Share Option Scheme December 2003 - December 2010 151p 20,500 Unapproved Executive Share Option December 2003 - December 2010 151p Scheme 15,000 Unapproved Executive Share Option April 2005 - April 2012 171p Scheme 10,000 Unapproved Executive Share Option April 2007 - April 2014 208p Scheme The above options represent 0.7% of the issued share capital D.M. O'Connor No. of Scheme Period of exercise Exercise price options 7,500 Unapproved Executive Share Option April 2003 - April 2010 118.5p Scheme 9,750 Executive Share Option Scheme December 2003 - December 2010 151p 20,500 Unapproved Executive Share Option December 2003 - December 2010 151p Scheme 15,000 Unapproved Executive Share Option April 2005 - April 2012 171p Scheme 10,000 Unapproved Executive Share Option April 2007 - April 2014 208p Scheme The above options represent 0.6% of the issued share capital R.N.Grundy No. of Scheme Period of exercise Exercise price options 19,500 Executive Share Option Scheme December 2003 - December 2010 151p 20,500 Unapproved Executive Share Option December 2003 - December 2010 151p Scheme 15,000 Unapproved Executive Share Option April 2005 - April 2012 171p Scheme 10,000 Unapproved Executive Share Option April 2007 - April 2014 208p Scheme The above options represent 0.6% of the issued share capital This information is provided by RNS The company news service from the London Stock Exchange