SVC Salvesen (C)

RNS No 7454r
CHRISTIAN SALVESEN PLC
3rd October 1997

Schedule 11 - Notification of interests of Directors and Connected Persons

1   Name of company:
CHRISTIAN SALVESEN PLC

2   Name of director:
DAVID JOHN BRISTOW

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:
DIRECTOR'S OPTIONS

4   Name of 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:
GRANT OF EXECUTIVE SHARE OPTIONS

7   Number of shares/amount of stock acquired:


8   Percentage of issued class:


9   Number of shares/amount of stock disposed:


10  Percentage of issued class:


11  Class of security:
ORDINARY SHARES OF 28 1/8P

12  Price per share:
NOT APPLICABLE

13  Date of transaction:
2 OCTOBER 1997

14  Date company informed:
2 OCTOBER 1997

15  Total holding following this notification:


16  Total percentage holding of issued class following this notification:


If a director has been granted options by the company, please complete the
following fields:

17  Date of grant:
2 OCTOBER 1997

18  Period during which or date on which exercisable:
BETWEEN 2/10/2000 AND 2/10/2007 SUBJECT TO PERFORMANCE CONDITIONS BELOW

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

20  Description of shares or debentures involved: class, number:
OPTION OVER 428,369 ORDINARY SHARES

21  Exercise price (if fixed at time of grant) or indication that price is to
be fixed at time of exercise:
108 PENCE (CLOSING MID-PRICE ON 2/10/97)

22  Total number of shares or debentures over which options held following
this notification:
428,369

23  Contact name for queries:
J W LAVELLE

24  Contact telephone number:
0131 559 3600

25  Name of company official responsible for making notification:
J W LAVELLE, SECRETARY


Additional Information:
THE PERFORMANCE CONDITIONS FOR THIS GRANT ARE BASED ON BOTH TOTAL SHAREHOLDER
RETURN ("TSR") AND GROWTH IN NORMALISED EARNINGS PER SHARE ("EPS").  TSR IS
CALCULATED BY REFERENCE TO THE INCREASE IN THE COMPANY'S SHARE PRICE PLUS
DIVIDENDS PAID.

AT THE TIME WHEN THE INDIVIDUAL WISHES TO EXERCISE THE OPTION (WHICH CAN ONLY
NORMALLY OCCUR AFTER THREE YEARS HAVE ELAPSED SINCE GRANT), THE COMPANY'S TSR
SINCE THE DATE OF GRANT OF THE OPTION IS COMPARED TO THAT OF THE FTSE MID 250
INDEX (EXCLUDING INVESTMENT TRUSTS).  IF THE COMPANY'S TSR MATCHES OR EXCEEDS
THAT INDEX, AND THE COMPANY'S EPS GROWTH MATCHES OR EXCEEDS THE GROWTH IN THE
RETAIL PRICES INDEX PLUS 9 PER CENT OVER THREE CONSECUTIVE YEARS, THE OPTION
IS CAPABLE OF EXERCISE.


END

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