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New Look Shares Sold

By FashionUnited

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T. Singh, a non-executive director of New Look plc have notified the Company that the family have sold 408,452 ordinary shares of the Company at a price of 81 pence per ordinary share. The sale was obligatory as a result of the exercise of options granted to certain senior employees in 2000 pursuant to the family option scheme.

This sale of 408,452 ordinary shares of the Company, which was effected on 16 June 2003, has reduced the family shareholding from 55,159,901 to 54,751,449 ordinary shares. The Singh family holding now represents 27.35% of ordinary shares in the Company, having previously represented 27.55%.

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