RNS Number:7025R
Singer & Friedlander Group PLC
05 November 2003

                                  SCHEDULE 11

          NOTIFICATION OF INTERESTS OF DIRECTORS AND CONNECTED PERSONS

1. Name of company

Singer & Friedlander Group PLC

2. Name of director

John Hodson

3. Please state whether notification indicates that it is in respect of holding
of the shareholder named in 2 above or in respect of a non-beneficial interest
or in the case of an individual holder if it is a holding of that person's
spouse or children under the age of 18 or in respect of a non-beneficial
interest

In respect of John Hodson

4. Name of the registered holder(s) and, if more than one holder, the number of
shares held by each of them (if notified)

Sinjul Nominees Limited

5. Please state whether notification relates to a person(s) connected with the
director named in 2 above and identify the connected person(s)

N/A

6. Please state the nature of the transaction.

On 1st November 1998 Mr Hodson was granted an option over 3,717 ordinary shares in Singer & Friedlander
Group PLC at an exercise price of 92.8 pence. This option was granted in accordance with the terms and
conditions of the Singer & Friedlander Sharesave Scheme (a Scheme which all employees of the Company can
participate in). This Scheme matured on 1st November 2003 and the option was exercised on 3rd November
2003.

7. Number of shares / amount of stock acquired

3,717

8. Percentage of issued class

0.0019%

9. Number of shares/amount of stock disposed

N/A

10. Percentage of issued class

N/A

11. Class of security

Ordinary shares

12. Price per share

92.8p

13. Date of transaction

3rd November 2003

14. Date company informed

4th November 2003

15. Total holding following this notification

145,727 held beneficially for Mr Hodson

491,606 held in a Self Invested Personal Pension on behalf of Mr Hodson


16. Total percentage holding of issued class following this notification

0.328%

If a director has been granted options by the company please complete the
following boxes.

17. Date of grant
N/A

18. Period during which or date on which exercisable
N/A

19. Total amount paid (if any) for grant of the option
N/A

20. Description of shares or debentures involved: class, number
N/A

21. Exercise price (if fixed at time of grant) or indication that price is to be
fixed at time of exercise
N/A

22. Total number of shares or debentures over which options held following this
notification
N/A

23. Any additional information
N/A

24. Name of contact and telephone number for queries
Stephen Doherty

0207 523 5078

25. Name and signature of authorised company official responsible for making
this notification

Stephen Doherty, Group Company Secretary

Date of Notification

5th November 2003

The FSA does not give any express or implied warranty as to the accuracy of this
document or material and does not accept any liability for error or omission.
The FSA is not liable for any damages (including, without limitation, damages
for loss of business or loss of profits) arising in contract, tort or otherwise
from the use of or inability to use this document, or any material contained in
it, or from any action or decision taken as a result of using this document or
any such material.

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END

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