BS. Base Grp.

RNS No 3524b
BRITISH STEEL PLC
12th March 1998


DIRECTOR'S SHAREHOLDING

The company has today been notified that: 

Sir Brian Moffat sold 11,400 ordinary shares of 50 pence in British Steel 
plc on 9 March 1998 at #1.51 per share and on 10 March 1998 purchased 11,400 
ordinary shares of 50 pence in British Steel plc at #1.5125 per share.

Lady J Moffat sold 4,600 ordinary shares of 50 pence in British Steel plc on
 9 March 1998 at #1.51 per share and on 10 March 1998 purchased 4,600 
ordinary shares of 50 pence in British Steel plc at #1.5125 per share.

Sir Brian Moffat,s total share holding following this notification is 
229,844 shares.

END


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