Director/PDMR Shareholding

RNS Number : 0574Z

Associated British Engineering PLC

09 March 2012

For immediate release 9 March 2012

ASSOCIATED BRITISH ENGINEERING PLC

("ABE" or "the Company")

NOTIFICATION OF TRANSACTIONS OF DIRECTORS/PERSONS DISCHARGING MANAGERIAL RESPONSIBILITY AND CONNECTED PERSONS

Further to the Company's announcement dated 8^th February 2012 regarding the results of the Open Offer and the fact that 150,794 new Ordinary Shares would be subscribed by the underwriters and the Company's announcements made on 7^th March 2012 and earlier today, the Company is now in a position to detail beneficial holdings of Ordinary Shares in the Company for a person discharging managerial responsibility advised to the company between 1^st and 8^th March 2012.

	Rupert Pearce Gould	Pension Fund*	Total
Beneficial interest in shares held as at 11 January 2012	120,750	7,100	127,850
Shares acquired in the Rights Issue (as defined in the Prospectus dated 11^th January 2012) at £1.00 per share	32,200	1,893	34,093
Shares acquired in the Underwriting (as defined in the Prospectus) at £1.00 per share	-	32,301	32,301
Purchase of Shares in the market on 6 March 2012 at £1.20 per share	-	-	-
Shares held as a result of the cancellation of the 7% Preference Shares at £1.20 per share	-	-	-
Shares held beneficially as at 6 March 2012	152,950 (7.465%)	41,294 (2.015%)	194,244 (9.480%)