Director Shareholding

Vane Holdings PLC 05 July 2004 Vane Holdings plc Directors Shareholding The Company was informed on 2 July 2004 that David Ingmire, Non executive Director, purchased 25,000 shares in the Company at 8.75 pence per share on 2 July 2004. Mr Ingmire is interested in a total of 25,000 shares which represents 0.02% of the Company's issued share capital. This information is provided by RNS The company news service from the London Stock Exchange