Directors' Dealings

Severfield-Rowen PLC 6 January 2000 DEALINGS BY DIRECTORS 1) NAME OF COMPANY SEVERFIELD ROWAN PLC 2) NAME OF DIRECTOR J K ELLIOTT 3) Please state whether notification indicates that it is in respect of holding of the Director named in 2 above or holding of that person's spouse or children under the age of 18 or in respect of a non-beneficial interest 2 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) - 5) Please state whether notification relates to a person(s) connected with the Director named in 2 above and identify the connected person(s) - 6) Please state the nature of the transaction. For PEP transactions please indicate whether general/single co PEP and if discretionary/non discretionary - 7) Number of shares/amount of stock acquired 11,310 8) ( 0.06% ) of issued Class 9) Number of shares/amount of stock disposed - 10) ( - % ) of issued Class 11) Class of security ORDINARY SHARES 12) Price per share 260P 13) Date of transaction 6.1.2000 14) Date company informed 6.1.2000 15) Total holding following this notification 15,000 16) Total percentage holding of issued class following this notification 0.07 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 P LEVINE 01132 469993 25) Name and signature of authorised company official responsible for making this notification Date of Notification..........6.1.2000............................ DEALINGS BY DIRECTORS 1) NAME OF COMPANY SEVERFIELD ROWAN PLC 2) NAME OF DIRECTOR J L SEVERS 3) Please state whether notification indicates that it is in respect of holding of the Director named in 2 above or holding of that person's spouse or children under the age of 18 or in respect of a non-beneficial interest 2 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) - 5) Please state whether notification relates to a person(s) connected with the Director named in 2 above and identify the connected person(s) - 6) Please state the nature of the transaction. For PEP transactions please indicate whether general/single co PEP and if discretionary/non discretionary - 7) Number of shares/amount of stock acquired 20,000 8) ( 0.1% ) of issued Class 9) Number of shares/amount of stock disposed - 10) ( - % ) of issued Class 11) Class of security ORDINARY SHARES 12) Price per share 248P 13) Date of transaction 6.1.2000 14) Date company informed 6.1.2000 15) Total holding following this notification 1,055,050 16) Total percentage holding of issued class following this notification 5.27 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 P LEVINE 01132 469993 25) Name and signature of authorised company official responsible for making this notification Date of Notification...........6.1.2000.......................... DEALINGS BY DIRECTORS 1) NAME OF COMPANY SEVERFIELD ROWAN PLC 2) NAME OF DIRECTOR P.M. LEVINE 3) Please state whether notification indicates that it is in respect of holding of the Director named in 2 above or holding of that person's spouse or children under the age of 18 or in respect of a non-beneficial interest 2 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) - 5) Please state whether notification relates to a person(s) connected with the Director named in 2 above and identify the connected person(s) - 6) Please state the nature of the transaction. For PEP transactions please indicate whether general/single co PEP and if discretionary/non discretionary - 7) Number of shares/amount of stock acquired 6,000 8) ( 0.03% ) of issued Class 9) Number of shares/amount of stock disposed - 10) ( - % ) of issued Class 11) Class of security ORDINARY SHARES 12) Price per share 248P 13) Date of transaction 6.1.2000 14) Date company informed 6.1.2000 15) Total holding following this notification 46,000 16) Total percentage holding of issued class following this notification 0.23% 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 P LEVINE 01132 469993 25) Name and signature of authorised company official responsible for making this notification Date of Notification...........6.1.2000..........................