Director/PDMR Shareholding

OAK HOLDINGS PLC                                

                         GRANT OF OPTIONS TO DIRECTORS                         

The board of Oak Holdings plc (the "Company") has granted options to the
following directors of the Company over new ordinary shares of the Company:

    Option Holder        Number of Options    Exercise Price per  
                                                     Share        
                                                                  
     Steve Lewis            24,571,429               1.75p        
                                                                  
      Mike Hill             17,142,857               1.75p        
                                                                  
    Malcolm Savage           5,485,714               1.75p        
                                                                  
    Graham Axford            4,571,429               1.75p        
                                                                  
    Peter Collins            4,571,429               1.75p        
                                                                  
        TOTAL               56,342,857                            

These options represent approximately 7.53% of the enlarged share capital and
may not be exercised for three years from the date of their issue, or more than
ten years from the date of their issue. The exercise price equates to the
mid-market price on the day prior to issue. These options have been awarded in
recognition of the significant salary and fee sacrifices made by both executive
and non-executive directors since the acquisition of Oak Holdings Limited in
2003, the fact that no options have been awarded since 2003, and in recognition
of the fact that significant progress has been made towards implementing the
YES! Project.

Prior to the acquisition of Oak Holdings Limited in 2003, Mike Hill had been
granted options to subscribe for 622,860 Ordinary Shares at 4.65p per share and
options to subscribe for 2,500,000 Ordinary Shares at 2.12p per share. No other
director of the Company holds any options.

Enquiries:

Oak Holdings plc                        020 7493 5522                          
                                                                               
Mike Hill, Finance Director                                                    
                                                                               
City Financial Associates Limited       020 7090 7800                          
                                                                               
James Caithie