BS. Base Grp.

RNS No 0306p
BRITISH STEEL PLC
24th August 1998



DIRECTOR'S SHAREHOLDING

The company was notified on 18 August 1998 that, on 17 August 1998 Mr Harold 
Homer acquired 195 ordinary shares of 50 pence in British Steel plc  at 
#1.18 per share. The holding is registered in the name of Bradford & Bingley 
(PEPS) Ltd.

Mr Homer has a total share holding of 80,760 shares following this 
notification.

END

RDSNFSPLADFPEFN

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