Interserve Plc

Director Shareholding

Interserve Plc ("the Company") announces the grant of Awards to directors of
options over 31,795 ordinary shares of 10p each, pursuant to the Interserve Plc
Share Matching Plan ("the Plan") on 2 April 2003 as follows:-

Mr John Henry Vyse 16,941 Shares

Mr Adrian Michael Ringrose 14,854 Shares

These Awards may be exercised after a period of three years, subject to the
fulfilment of performance criteria and payment of a total consideration of �1
per director.



END