RNS Number:4425T
Rexam PLC
18 December 2003

                                  SCHEDULE 11                                   
                                                                                
          NOTIFICATION OF INTERESTS OF DIRECTORS AND CONNECTED PERSONS          
                                                                                

1) Name of company


REXAM PLC

2) Name of director

LARS EMILSON

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


HOLDING OF DIRECTOR


4) Name of the registered holder(s) and, if more than one holder, the
number of shares held by each of them (if notified)


LARS EMILSON


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


DIRECTOR

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

SALE OF SHARES



7) Number of shares/amount of
stock acquired


 

8) Percentage of issued class

-

9) Number of shares/amount
of stock disposed

40,000

10) Percentage of issued class

-

11) Class of security

ORDINARY SHARES OF 64 2/7 PENCE EACH

12) Price per share


#4.2575

13) Date of transaction

18 DECEMBER 2003

14) Date company informed

18 DECEMBER 2003

15) Total holding following this notification



ORDINARY SHARES 12,517 SHARES


16) Total percentage holding of issued class following this notification

-

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

JENNIFER SMITH 020 7227 4132

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


JENNIFER SMITH, ASSISTANT COMPANY SECRETARY


Date of Notification 18 DECEMBER 2003




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