CHLD Chloride Grp.

RNS Number:3790O
Chloride Group PLC
7 December 2001




Chloride Group PLC ("the Company") announces that, as a result of the exercise
of share options by option holders who are not directors of the Company, the
number of Ordinary Shares of 25p each in the Company ("Shares") held by the
Chloride Group Employee Benefit Trust ("the Trust") was reduced on 7 December
2001 by 50,000 Shares.

The Trust exists for the purpose of transferring such Shares to option holders
on the exercise of options granted under certain of the Company's share option
schemes ("the Schemes").

Following the reduction the Trust holds 11,612,920 Shares (4.69%). This
compares to the 11,662,920 Shares (4.71%) previously held by the Trust as
announced on 22 November 2001.

Each of Mr K H Hodgkinson and Mr N W Warner, being Executive Directors of the
Company, is, for Companies Act purposes, regarded as having an interest in the
11,612,920 Shares held by the Trust. Despite the technical interest in all the
Shares held by the Trust, an Executive Director will only be able to exercise
options subject to certain performance criteria being met. He will then only
be able to receive from the Trust that number of Shares to which he is
entitled on exercise of an option granted to him under the terms of the
Schemes.





7 December 2001

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