Director Shareholding

RNS Number:7201S
Alvis PLC
1 December 2003


Notifiable Interests

Alvis plc announces the following transfers of Alvis plc ordinary shares of 25p 
each by the Alvis Employee Benefit Trust in order to satisfy the exercise of 
options by employees under Alvis executive option schemes.
 
No. of        Date of        Date Company       % of issued      Exercise price 
Shares        disposal       informed           class            per shares

50,000        01.12.2003     01.12.2003         0.045            81.5p 
 2,500        27.11.2003     28.11.2003         0.002             118p

 
After the transaction the Alvis Employee Benefit Trust has an interest in
3,732,440 ordinary shares of Alvis plc representing 3.38% of the total number of
shares in issue.

The Alvis Employee Benefit Trust is deemed to be a connected person to the Alvis
plc executive directors as they are, in common with all other Alvis employees,
potential beneficiaries of the Trust.


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

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