Director Shareholding

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Name	Symbol	Market	Type
ETF	BIT:WNER	Italy	Exchange Traded Fund

	Price Change	% Change	Price	Bid Price	Offer Price	High Price	Low Price	Open Price	Traded	Last Trade
	0.00	0.00%	19.272	18.958	19.51				0	16:31:02

Director Shareholding

03/12/2003 5:03pm

UK Regulatory

RNS Number:8375S
Warner Estate Holdings PLC
03 December 2003

                   Warner Estate Holdings PLC ("the Company")



                            Director's Shareholding



Mr J A Fooks, a Non-executive Director of the Company, has notified the Company
that with effect from 3 December 2003, his non-beneficial interest in Ordinary
shares of 5p in the Company has reduced by 12,500 shares following the
settlement of an estate to which he acted as executor. 4,166 of the shares were
sold at 451p per share and the proceeds passed to one of the beneficiaries. The
remaining 8,334 shares were transferred directly to the remaining beneficiaries.



Following the distribution of the 12,500 shares, Mr Fooks has a non-beneficial
interest in 20,400 shares, representing 0.04 per cent. of the Company's issued
ordinary share capital.





Date: 3 December 2003.




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