LOT Life Offices

    SCHEDULE 11                                                      
                                                                                                    
                  
                             NOTIFICATION OF INTERESTS OF DIRECTORS AND CONNECTED PERSONS           
                  
1. Name of company
Life Offices Opportunities Trust plc                                   
2. Name of director
Raymond Paul                                                           
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

 
4. Name of the registered holder(s) and, if more than one holder, the number of shares held by each
of them (if
notified)
As above                                                               
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
10,000                                                                 
8. Percentage of issued class
0.04%                                                                  
9. Number of shares/amount of stock disposed

10. Percentage of issued class

11. Class of security
Ordinary 75p shares                                                    
12. Price per share
106 pence                                                              
13. Date of transaction
14 August 2002                                                         
14. Date company informed
14 August 2002                                                         
15. Total holding following this notification
20,000                                                                 
16. Total percentage holding of issued class following this notification
0.08%                                                                  

                                                                       

                                                                       
 

                                                                
                                                                
                                                                

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