RNS Number:8328Q
Grosvenor Land Holdings PLC
13 October 2003

                          Grosvenor Land Holdings plc

                      ("Grosvenor Land" or "the Company")

                            Directors' Share Options

Grosvenor Land announces that, on 8 October 2003, it granted new share options
over a total of 376,666 ordinary shares of 1p each in the Company to the
Directors as follows:


Name           Number of share    Exercise price per     Share option
               options granted    share option           exercise period

Phil                    70,000                 12.7p      8 October 2004
Edmonds                                                     to 8 October
                                                                  2008

Douglas                 70,000                 12.7p      8 October 2004
Blausten                                                    to 8 October
                                                                  2008

Simon                   70,000                 12.7p      8 October 2004
Blausten                                                    to 8 October
                                                                  2008

Robert                 166,666                   21p      8 October 2004
Dyson                                                       to 8 October
                                                                  2008

Note: The 166,666 share options granted to Robert Dyson on 8 October 2003 have
been issued pursuant to the agreement to acquire At Work Business Centres
Limited, announced on 7 August 2003.


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

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