BS. Base Grp.

RNS No 9378c
BRITISH STEEL PLC
28th October 1998


Director's Shareholding

The company has today been notified that, on 26 October 1998 Mr Harold Homer
purchased 65 ordinary shares of 50 pence in British Steel plc at 105.5p per
share.  The holding is registered in the name of Bradford & Bingley (PEPS) Ltd. 
The shares were purchased with the proceeds of tax reclaimed on dividends.

Mr Homer has a total share holding of 80,825 shares following this notification.

END

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