RNS Number:7204O
BPP Holdings PLC
15 August 2003

                                  SCHEDULE 11

          NOTIFICATION OF INTERESTS OF DIRECTORS AND CONNECTED PERSONS

1) Name of company

BPP HOLDINGS PLC

2) Name of director

CARL LYGO

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 a
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/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



12) Price per share



13) Date of transaction



14) Date company informed



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 boxes

17) Date of grant

14 AUGUST 2003

18) Period during which or date on which exercisable

14 AUGUST 2006 - 13 AUGUST 2010

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

NIL

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

55,460 ORDINARY SHARES OF 10P

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

306.5P PER SHARE

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

175,460

23) Any additional information



24) Name of contact and telephone number for queries

SARAH HABGOOD 020 8740 2201

25) Name and signature of authorised company official responsible for
making this notification
SARAH HABGOOD
Date of Notification...15 AUGUST 2003...............................


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