RNS Number:1138P
Debenhams PLC
28 August 2003



The following replaces the director shareholding announcement released today at
9.41 under RNS 1119P.

The transactions were effected on 26 August and not on 28 August as previously
stated.

All other details remain unchanged.


Full Company Name: DEBENHAMS PLC

Date: 28 August 2003


NOTIFICATION OF INTERESTS OF DIRECTORS

The Company has been notified today that the Debenhams No.1 Employee Share
Ownership Trust ("No.1 ESOP"), a discretionary trust established to facilitate
the operation of the Company's share schemes, duly effected the following
transactions:

26 August 2003

The No.1 ESOP has transferred the following shares in the Company in order to
satisfy options granted under the Company's Executive Share Option Scheme.

4,097 shares at 329.5p

13,772 shares at 388.5p

By virtue of being members of the class of potential beneficiaries under the
Trust (together with all other eligible employees of the Debenhams group of
companies), each of the Executive Directors is now interested in the 12,919,880
shares held in the No.1 ESOP.

For further information contact:

John Hodges - 020 7408 3181

Name of authorised company official for making this notification:

John Hodges - Deputy Company Secretary

Debenhams plc. Registered in England and Wales. Company no. 3430071

Registered Office: 1 Welbeck Street, London W1G 0AA




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

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