Director Shareholding

RNS Number:1673L
Qualceram Shires PLC
15 May 2003



NOTIFICATION OF INTERESTS OF DIRECTORS AND CONNECTED PERSONS


1)  Name of company

    Qualceram Shires plc

2)  Name of director

    David Swords


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

    As above

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

    David Swords

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

    Purchase

7)  Number of shares/amount of
    stock acquired

    25,000 Ordinary Shares

8)  Percentage of issued class

    0.11%

9)  Number of shares/amount
    of stock disposed


10) Percentage of issued class


11) Class of security

    Ordinary Shares of Euro0.12 each

12) Price per share

    77 pence

13) Date of transaction

    15 May 2003

14) Date company informed

    15 May 2003

15) Total holding following this notification

    32,626 Ordinary Shares

16) Total percentage holding of issued class following this notification

    0.15%

17) Any additional information

    -

18) Name of contact and telephone number for queries

    Mark Somerville-Ryan, Insinger de Beaufort - 020 7377 6161

19) Name and signature of authorised company official responsible for
    making this notification


    Aidan Clince, Company Secretary


    Date of Notification: 15 May 2003









                                     -ends-




                      This information is provided by RNS
            The company news service from the London Stock Exchange
END

RDSUVONROSRVAAR