RNS Number:9322C
Clarkson (Horace) PLC
1 May 2001

                                 SCHEDULE 11

         NOTIFICATION OF INTERESTS OF DIRECTORS AND CONNECTED PERSONS

     1. Name of company

        Horace Clarkson PLC

        2) Name of director

        Mr R J Fulford-Smith

        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

        beneficial

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

        Mr R J Fulford-Smith

        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



            Award of shares under terms of Restricted Share Plan
            Market sale

            7) Number of shares/amount of
            stock acquired

            58,315 ordinary shares

            8) Percentage of issued class

            0.41%

            9) Number of shares/amount
            of stock disposed

            5,348 ordinary shares

            10) Percentage of issued class

            0.04%

            11) Class of security

            ordinary shares

            12) Price per share

            5,348 shares sold at #1.87

            13) Date of transaction

            1 May 2001

            14) Date company informed

            1 May 2001

            15) Total holding following this notification

            608,180 ordinary shares

            16) Total percentage holding of issued class following this
            notification

            4.25%

            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

            David Gilbert               020 334 0000

            25) Name and signature of authorised company official responsible
            for
            making this notification
            David Gilbert

            Company Secretary
            Date of Notification 1 May 2001



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