Directors' Dealings

Cohen(A.) & Co PLC 23 March 2000 Letter to Company Announcements Office Please be advised of the following share transfers of shares advised to me today. From Mrs R.V.M. Cohen, 43,361 ordinary 20p to the following persons. To Mr R.O. Cohen 14,455 shares To Mr C.A. Cohen 14,453 shares To Mrs B.A. Axson 14,453 shares These shares have been gifted and no consideration was payable. Letter from A Cohen & Co