Director Shareholding

RNS Number:1427F
Abbey National PLC
11 November 2004

                                  SCHEDULE 11

          NOTIFICATION OF INTERESTS OF DIRECTORS AND CONNECTED PERSONS


1. Name of company

ABBEY NATIONAL PLC



2. Name of director

MARK ANDREW PAIN



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 IN 2 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)

AS IN 2 ABOVE



5. Please state whether notification relates to a person(s) connected with the
director named in 2 above and identify the connected person(s)

N/A



6. Please state the nature of the transaction. For PEP transactions please
indicate whether general/single co PEP and if discretionary/non discretionary

EXERCISE OF OPTIONS AND DISPOSAL OF SHARES PURSUANT TO VARIOUS LISTED OPTIONS SCHEMES.



7. Number of shares / amount of stock acquired

EXECUTIVE SHARE OPTIONS SCHEME - 212,868
SHARESAVE SCHEME - 570
SHARE MATCHING SCHEME - 6,509
PERFORMANCE SHARE PLAN - 133,409



8. Percentage of issued class

0.00%



9. Number of shares/amount of stock disposed

EXECUTIVE SHARE OPTIONS SCHEME - 162,352
SHARESAVE SCHEME - 0
SHARE MATCHING SCHEME - 2,669
PERFORMANCE SHARE PLAN - 54,698



10. Percentage of issued class

0.00%



11. Class of security

ORDINARY SHARES OF 10p EACH



12. Price per share

627p



13. Date of transaction

9 NOVEMBER 2004



14. Date company informed

9 NOVEMBER 2004



15. Total holding following this notification

374,118



16. Total percentage holding of issued class following this notification

0.00%



If a director has been granted options by the company please complete the
following boxes.


17. Date of grant





18. Period during which or date on which exercisable





19. Total amount paid (if any) for grant of the option





20. Description of shares or debentures involved: class, number





21. Exercise price (if fixed at time of grant) or indication that price is to be
fixed at time of exercise





22. Total number of shares or debentures over which options held following this
notification





23. Any additional information




24. Name of contact and telephone number for queries

JASON WRIGHT - 020 7756 4767



25. Name and signature of authorised company official responsible for making
this notification

JASON WRIGHT



Date of Notification

11 November 2004



The FSA does not give any express or implied warranty as to the accuracy of this
document or material and does not accept any liability for error or omission.
The FSA is not liable for any damages (including, without limitation, damages
for loss of business or loss of profits) arising in contract, tort or otherwise
from the use of or inability to use this document, or any material contained in
it, or from any action or decision taken as a result of using this document or
any such material.




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

RDSEAKFFFDLLFFE