Director Shareholding

RNS Number:6406U
Euromoney Institutional InvestorPLC
26 January 2004


                                  SCHEDULE 11
          NOTIFICATION OF INTERESTS OF DIRECTORS AND CONNECTED PERSONS
AVS NO

All relevant boxes should be completed in block capital letters.

1.    Name of company                       2.  Name of director

      EUROMONEY INSTITUTIONAL INVESTOR PLC.     EDOARDO BOUNOUS.

3.    Please state whether notification     4.  Name of the registered holder(s) and, if
      indicates that it is in respect of        more than one holder, the number of shares
      holding of the shareholder named in 2     held by each of them (if notified)
      above or in respect of a
      non-beneficial interest or in the         EDOARDO BOUNOUS.
      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 an non-beneficial interest

      DIRECTOR.

5.    Please state whether notification     6.  Please state the nature of the transaction.
      relates to a person(s) connected with     For PEP transactions please indicate whether
      the director named in 2 above and         general/single
      identify the connected person(s)          co PEP and if discretionary/non
                                                discretionary /non discretionary
      AS IN 2.   
                                                EXERCISE OF OPTIONS AND SALE OF THOSE
                                                SHARES. OPTIONS WERE DUE TO LAPSE.

7.    Number of shares 8.  Percentage of    9.  Number of shares/  10. Percentage of issued
      /amount of stock     issued class         amount of stock        class
      acquired             0.009%               disposed               0.009%

      8,000                                     8,000

  11. Class of         12. Price per share  13.  Date of           14.  Date company
      security                                   transaction            informed
                           EXERCISE PRICE
      ORDINARY 0.25P       #3.575                23 JANUARY 2004        23 JANUARY 2004
      SHARES               SUBSEQUENT SALE
                           PRICE #4.30

15.   Total holding following this          16.  Total percentage holding of issued class
      notification                               following this notification

      6,920                                      0.008%

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  20. Description of shares or debentures
      of the option                             involved: class, number

21.   Exercise price (if fixed at time of   22. Total number of shares or debentures over
      grant) or indication that price is to     which options held following this
      be fixed at time of exercise              notification

23.   Any additional information            24. Name of contact and telephone number for
                                                queries

                                                ANITA RYE 020 7779 8132

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

      COLIN JONES - COMPANY SECRETARY

Date of notification 26 JANUARY 2004




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