RNS Number:3628U
Nichols PLC
19 January 2004


The following change in the shareholding of Mr S P Nichols has been notified to
the company today.

As the result of a distribution from a discretionary trust of which Mr Nichols
is trustee and his infant children are beneficiaries, 5,900 shares are now
neither beneficial nor non-beneficial holdings.

The total of Mr Nichols' holdings, comprising shares in his own and spouse's
name and shares held in trusts of which he is trustee and his infant children
are beneficiaries, are now 1,772,850 10p ordinary shares amounting to 4.80% of
the issued share capital.


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

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