RNS Number:1496I
Freeserve PLC
29 March 2000


                       DEALINGS BY DIRECTORS


1)  NAME OF COMPANY

    FREESERVE PLC
   

2)  NAME OF DIRECTOR

    NICHOLAS PAUL BACKHOUSE


3)  Please state whether notification indicates that it is in respect of
    holding of the Director named in 2 above or holding of that person's
    spouse or children under the age of 18 or in respect of a non-beneficial
    interest

    AS IN 2 ABOVE 



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

    NICHOLAS PAUL BACKHOUSE


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

    N/A

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

    CONDITIONAL AWARD UNDER LONG TERM INCENTIVE PLAN

7)  Number of shares acquired

    1,200,000


8)   (0.12%)
    of issued Class

9)  Number of shares/amount
    of stock disposed

    N/A

10)  (N/A%)
   of issued Class

11) Class of security

    ORDINARY SHARES OF 0.01p


12) Price per share

    NIL


13) Date of transaction

    28 MARCH 2000


14) Date company informed

    28 MARCH 2000


15) Total holding following this notification

    2,015,685 SEE RIDER A


16) Total percentage holding of issued class following this notification

    0.2


     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

    SEE RIDER B


24) Name of contact and telephone number for queries

    PAUL BARKER 01442 355764


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

    Date of Notification.... 29 MARCH 2000 ..............



FREESERVE PLC - NICHOLAS PAUL BACKHOUSE

Rider A

Total holding following notification

Registered holder        Number of Shares             Nature of director's 
                                                           interest
(Ordinary Shares)


Nicholas Backhouse                3,333                     Beneficial

Audrey Backhouse                  3,333                     Non-beneficial

Dixons TSR Trust Ltd 
(Deferred Cash Bonus Plan)        9,020                     Beneficial

Dixons TSR Trust Ltd 
(Long Term Incentive Plan)    1,533,333                     Beneficial


(Share Options)

Nicholas Backhouse            Unapproved   446,666
                              Approved      20,000

Total interest: 2,015,685

Rider B

The conditional award of shares that is the subject of this notification will
vest according to the following schedule provided the director remains in the
employment of the Freeserve Group on the relevant date for each portion of the
award:

10% of the shares will vest on 28th September 2000
30% of the shares will vest on 28th March 2002
30% of the shares will vest on 28th March 2003
30% of the shares will vest on 28th March 2004




                       DEALINGS BY DIRECTORS


1)  NAME OF COMPANY

    FREESERVE PLC
   

2)  NAME OF DIRECTOR

    JOHN PLUTHERO


3)  Please state whether notification indicates that it is in respect of
    holding of the Director named in 2 above or holding of that person's
    spouse or children under the age of 18 or in respect of a non-beneficial
    interest

    AS IN 2 ABOVE 



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

    JOHN PLUTHERO


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

    N/A

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

    CONDITIONAL AWARD UNDER LONG TERM INCENTIVE PLAN

7)  Number of shares acquired

    2,000,000


8)   (0.2%)
    of issued Class

9)  Number of shares/amount
    of stock disposed

    N/A


10)  (N/A%)
   of issued Class


11) Class of security

    ORDINARY SHARES OF 0.01p


12) Price per share

    NIL


13) Date of transaction

    28 MARCH 2000


14) Date company informed

    28 MARCH 2000


15) Total holding following this notification

    3,339,998 SEE RIDER A


16) Total percentage holding of issued class following this notification

    0.33


     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

    SEE RIDER B


24) Name of contact and telephone number for queries

    PAUL BARKER 01442 355764


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

    Date of Notification.... 29 MARCH 2000 ..............



FREESERVE PLC - JOHN PLUTHERO

Rider A

Total holding following notification

Registered holder        Number of Shares             Nature of director's 
                                                           interest
(Ordinary Shares)


John Pluthero                     6,666                     Beneficial

Dixons TSR Trust Ltd 
(Long Term Incentive Plan)    2,666,666                     Beneficial


(Unapproved Share Options) 
John Pluthero                   666,666                     Beneficial

Total interest: 3,339,998 shares


Rider B

The conditional award of shares that is the subject of this notification will
vest according to the following schedule provided the director remains in the
employment of the Freeserve Group on the relevant date for each portion of the
award:

10% of the shares will vest on 28th September 2000
30% of the shares will vest on 28th March 2002
30% of the shares will vest on 28th March 2003
30% of the shares will vest on 28th March 2004


END
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