RNS Number:8704J
SR Pharma PLC
10 April 2003



10th April, 2003


TO: CITY EDITORS

FOR IMMEDIATE RELEASE




                                   SR Pharma

                             Director Shareholding




SR Pharma plc ("SR Pharma" or "Company") announces that it was informed on 9
April 2003 that D Kennard and JM Davies, Directors of the Company, each
purchased 37,125 ordinary 1p shares at 24p a share on 9 April 2003. As a result
of these transactions, D Kennard has a beneficial interest in 45,125 ordinary 1p
shares, which represents 0.19% of the Company' issued ordinary share capital,
and JM Davies has a beneficial interest of 62,125 ordinary 1p shares,
representing 0.26% of the Company's issued ordinary share capital.




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