RNS Number:4319Q
Premier Asset Management PLC
01 October 2003

                                  SCHEDULE 11

          NOTIFICATION OF INTERESTS OF DIRECTORS AND CONNECTED PERSONS

 1. Name of Company

PREMIER ASSET MANAGEMENT PLC

 2. Name of Director

MICHAEL O'SHEA

 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

MR MICHAEL O'SHEA

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

31,000 MR MICHAEL O'SHEA

9,600  BNY (OCS) NOMINEES LIMITED

 5. Please state whether notification relates to a person(s) connected with the
    Director named in 2 above and identify the connected person(s)

AS ABOVE

 6. Please state the nature of the transaction. For PEP transactions please
    indicate whether general/single co PEP and if discretionary/non
    discretionary

31,000  SHARE PURCHASE

9,600 SHARES - PERSONAL PENSION PLAN

 7. Number of shares/amount of stock acquired

40,600

 8. Percentage of issued class

0.34%

 9. Number of shares/amount of stock disposed

N/A

10. Percentage of issued class

N/A

11. Class of security

ORDINARY SHARES OF 10p EACH

12. Price per share

46.5p

13. Date of transaction

30th SEPTEMBER 2003

14. Date company informed

30th SEPTEMBER 2003

15. Total holding following this notification

592,072 SHARES

16. Total percentage holding of issued class following this notification

4.97%

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

NEIL MACPHERSON - 01483 400420

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

NEIL MACPHERSON, COMPANY SECRETARY



Date of Notification: 1st OCTOBER 2003


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