RNS Number:7021K
Alvis PLC
2 May 2003



                       DEALINGS BY DIRECTORS

1)  NAME OF COMPANY

    ALVIS PLC

2)  NAME OF DIRECTOR

    MR NICHOLAS MARTIN PREST     

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 an non-beneficial interest

    DIRECTOR 

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 acquired

    -

8)   ( N/A% )
    of issued Class

    -

9)  Number of shares/amount
    of stock disposed

    -

10)  ( N/A %)
    of issued Class

    -

11) Class of security

    -

12) Price per share

    -

13) Date of transaction

    -

14) Date company informed

    -

15) Total holding following this notification

    1,000,655

16) Total percentage holding of issued class following this notification

    0.92% APPROX.

     IF A DIRECTOR HAS BEEN GRANTED OPTIONS BY THE COMPANY PLEASE
                    COMPLETE THE FOLLOWING BOXES

17) Date of grant

    2 MAY 2003

18) Period during which or date on which exercisable

    1.07.2008 - 31.12.2008

19) Total amount paid (if any) for grant of the option

    -

20) Description of shares or debentures involved: class, number.

    2,815 ORDINARY SHARES OF 25p EACH

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

    126P 

22) Total number of shares or debentures over which options held
    following this notification

    1,316,615

23) Any additional information

    SAYE SCHEME

24) Name of contact and telephone number for queries

    P E JARMAN
    020 7808 8888

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

    Date of Notification  2 MAY 2003



                       DEALINGS BY DIRECTORS

1)  NAME OF COMPANY

    ALVIS PLC

2)  NAME OF DIRECTOR

    MR MARTIN FREDERICK GREENSLADE    

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 an non-beneficial interest

    DIRECTOR 

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 acquired

    -

8)   ( N/A% )
    of issued Class

    -

9)  Number of shares/amount
    of stock disposed

    -

10)  ( N/A %)
    of issued Class

    -

11) Class of security

    -

12) Price per share

    -

13) Date of transaction

    -

14) Date company informed

    -

15) Total holding following this notification

    225,000

16) Total percentage holding of issued class following this notification

    0.21% APPROX.

     IF A DIRECTOR HAS BEEN GRANTED OPTIONS BY THE COMPANY PLEASE
                    COMPLETE THE FOLLOWING BOXES

17) Date of grant

    2 MAY 2003

18) Period during which or date on which exercisable

    1.07.2006 - 31.12.2006

19) Total amount paid (if any) for grant of the option

    -

20) Description of shares or debentures involved: class, number.

    1,620 ORDINARY SHARES OF 25p EACH

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

    126P 

22) Total number of shares or debentures over which options held
    following this notification

    842,642

23) Any additional information

    SAYE SCHEME

24) Name of contact and telephone number for queries

    P E JARMAN
    020 7808 8888

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

    Date of Notification  2 MAY 2003


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            The company news service from the London Stock Exchange
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