Director Shareholding

RNS Number:9654O
Melrose Resources PLC
22 August 2003



FOR IMMEDIATE RELEASE

         21 August 2003



                             Melrose Resources plc

                       Changes in Directors Shareholdings

The Company was informed on 21 August 2003 of the following purchases of
Ordinary Shares by, or on behalf, of Directors of the Company pursuant to the
Open Offer that closed on 19 August 2003 and was approved by shareholders at an
Extraordinary General Meeting of the Company held earlier today:



   Director         Shareholding on       Purchases(1)  Shareholding on          
                     20 August 2003                     21 August 2003
                          No.       %          No.           No.       %

R F M Adair (3)    29,479,295    66.7    8,843,789    38,323,084    61.2

D W Curry             136,363     0.3       40,908       177,271     0.3

A E                   437,960     1.0      131,388       569,348     0.9
Richmond-Watson

J M M                 272,727     0.6       77,273       350,000     0.6
Sutherland

C C A Thomas           68,181     0.2       20,453        88,634     0.1


Notes

 1. All purchases were made at 100 pence per share pursuant to the 3 for 10 Open
    Offer of new Ordinary Shares that was approved by shareholders at an
    Extraordinary General Meeting of the Company held on 21 August 2003;

 2. The Company has 62,596,485 Ordinary Shares in issue following the Placing
    and Open Offer;

 3. The interests of R F M Adair comprise:

                               Shareholding on       Shareholding on
                                20 August 2003        21 August 2003
                                     No.       %           No.       %

Non-contingent beneficial
interests:

Skye Investments Limited (4)  27,191,245    61.5    35,348,619    56.5

Life interest trusts for the   1,207,500     2.8     1,569,750     2.5
benefit of R F M Adair

Total non-contingent          28,398,745    64.5    36,918,368    59.0
beneficial interest

Contingent beneficial
interests:

Life interest trusts for the   1,080,550     2.4     1,404,715     2.2
benefit of members of R F M
Adair's family

Total contingent beneficial    1,080,550     2.4     1,404,715     2.2
interest

Total beneficial interest     29,479,295    66.7    38,323,084    61.2

4. R F M Adair has a controlling interest in Skye Investments Limited.


For further information please contact

Melrose Resources plc
David Curry, Chief Executive                           0131 225 6678
Munro Sutherland, Finance Director                     0131 225 6678
Chris Thomas, Corporate Development Director           0207 462 1600

Seymour Pierce
Jonathan Wright                                        0207 107 8000

Buchanan Communications
Tim Thompson/Ben Willey                                0207 466 5000



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

END
RDSPUUMPRUPWGGP