CHLD Chloride Grp.

RNS Number:7770X
Chloride Group PLC
26 June 2002



Chloride Group PLC ("the Company") announces that, as a result of the exercise
of share options by option holders who are not directors of the Company, the
number of Ordinary Shares of 25p each in the Company ("Shares") held by the
Chloride Group Employee Benefit Trust ("the Trust") was reduced on 26 June 2002
by 50,000 Shares.

The Trust exists for the purpose of transferring such Shares to option holders
on the exercise of options granted under certain of the Company's share option
schemes ("the Schemes").

Following the reduction the Trust holds 11,492,920 Shares (4.64%). This compares
to the 11,542,920 Shares (4.66%) previously held by the Trust as announced on 31
May 2002.

Each of Mr K H Hodgkinson and Mr N W Warner, being Executive Directors of the
Company, is, for Companies Act purposes, regarded as having an interest in the
11,492,920 Shares held by the Trust. Despite the technical interest in all the
Shares held by the Trust, an Executive Director will only be able to exercise
options subject to certain performance criteria being met. He will then only be
able to receive from the Trust that number of Shares to which he is entitled on
exercise of an option granted to him under the terms of the Schemes.



26 June 2002



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