LPX Lipoxen

RNS No 1646u
LOPEX PLC
23 April 1999


DEALINGS BY DIRECTORS

DISCLOSURE OF INTERESTS IN SHARES OR DEBENTURES AND NOTIFICATIONS OF DEALINGS
UNDER THE STOCK EXCHANGE REQUIREMENTS

1. Name of Company:

Lopex plc

2. Name of Director:

Barry Salter

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:

In respect of holding of the Director named in 2 above

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

Barry Salter

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 and the nature and extent of the
director's interest in the transaction:

Exercise of options

7. Number of shares/amount of stock acquired:

100,000

8. Percentage of issued class:

0.18%

9. Number of shares/amount of stock disposed:

N/A

10. Percentage of issued class:

N/A%

11. Class of security:

Ordinary shares of 25p each

12. Price per share:

25,000 at 28p
15,000 at 25p
5,000 at 26p
15,000 at 26p
20,000 at 21p
20,000 at 21p

13. Date of transaction:

21 April 1999

14. Date company informed:

21 April 1999

15. Total holding following this notification:

139,784 ordinary shares

16. Total percentage holding of issued class following this notification:

0.26%
____________________________________________________________________

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:

Melford Deane, Company Secretary 0181 254 1790


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

Authorised signatory: Matthew Davis - For Granville Markets Limited


Date of notification: 23 April 1999


END

RDSAORNKKAKSUAR

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