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Regulatory Announcement - Director/PDMR Shareholding

15th January 2008

The Company was advised on 15 January 2008 that on 10 January 2008 the Directors listed below acquired shares in the Company.  The shares were acquired through a Share Incentive Plan which has been approved by the Inland Revenue and is open to all the Company’s employees.  The purchase price of the partnership shares acquired in the scheme was 24.00pence per share.

The Directors’ previous and current shareholdings, including any related persons, are as follows:

Director           Previous Shareholdings Shares Acquired  Current Shareholdings  Percentage of the Total Company 
 A C Lee  116,811  781  117,592  0.34%
  A M Tebbutt  482,833  781  483,614  1.40%


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