Director Shareholding

RNS Number:4416T
Chepstow Racecourse PLC
18 December 2003


                                                              18 December 2003

                          THE CHEPSTOW RACECOURSE PLC
                                        
                       Director Shareholdings and Options
                                        
                                        
Mr Graham Stow, a director of The Chepstow Racecourse PLC ("Chepstow" or "the
Company"), notified the Company today that on 10 December 2003 he purchased 2000
ordinary shares, at 226 pence per share.

Following this transaction Mr Graham Stow is beneficially interested in 4000
ordinary shares representing 0.01 per cent of Chepstow's issued share capital.

In addition, the Company granted today the following options to directors to
subscribe for shares in the ordinary share capital of the company:

Name                 No. of ordinary shares    Exercise price per
                         under option            ordinary share

Mr Simon Clarke                38,375                221.5p
Mr Rod Street                  45,147                221.5p
Mr Mark Stokes                 38,375                221.5p

These options are exercisable after five years

                                    - Ends -

For further information please contact:
Weber Shandwick Square Mile
Kevin Smith/Katie Hunt                                        020 7067 0700




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