Fletcher King PLC
13 July 2000
DEALINGS BY DIRECTORS
1) NAME OF COMPANY
FLETCHER KING PLC
2) NAME OF DIRECTOR
DAVID FLETCHER
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
4) Name of the registered holder(s) and, if more than one holder, the
number of shares held by each of them. (If notified)
SPRINGVALE SECURITIES LTD
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
DAVID FLETCHER IS A DIRECTOR OF SPRINGVALE SECURITIES LTD
7) Number of shares/amount of
stock acquired
8) ( % )
of issued Class
9) Number of shares/amount
of stock disposed
250,000
10) ( 2.84% )
of issued Class
11) Class of security
ORDINARY
12) Price per share
50p
13) Date of transaction
10-7-00
14) Date company informed
13-7-00
15) Total holding following this notification
1,224,360
16) Total percentage holding of issued class following this notification
13.9%
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
25) Name and signature of authorised company official responsible for
making this notification
Date of Notification....... 13 JULY 2000 ........