RNS Number:2486Q
Gladstone PLC
26 September 2003


Gladstone PLC (the "Company")


The following replaced the Director's Shareholdings announcement released by the
issuer on 26 September 2003 at 14:06 under RNS Number 2391Q.  The beneficial
interest of Mr Martin as a results of the transaction should read 2,338,208 and
not 1,438,208 as previously shown.  The percentage of the Company's issued share
capital represented by his resultant holding should read 5.69% and not 3.50% as
previously shown.  All other details remain unchanged.  The full amended text is
set out below.



Gladstone PLC (the "Company")


Directors' Shareholdings



The Company received notification today that following the purchase on 26
September 2003 of 200,000 ordinary shares in the Company at a price of 11 pence
per share, Ben Merrett, Chief Executive of the Company, currently has a
beneficial interest in 729,737 ordinary shares in the Company representing 1.77
per cent of the current issued share capital of that class.


The Company also received notification today that on 26 September 2003 Derick
Martin, a non executive director of the Company, sold 1,000,000 ordinary shares
at a price of 12.7 pence per share.  As a result of this transaction, Mr Martin
currently has a beneficial interest in 2,338,208 ordinary shares in the Company
representing 5.69 per cent of the current issued share capital of that class.







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

END
RDSILFSEADIRFIV