Director/PDMR Shareholding

Derwent London PLC
08 February 2007

Derwent London plc
8 February 2007

                Board Appointments and Directors' Shareholdings

In accordance with Listing Rule 9.6.13 the individuals who were appointed to the
Board of Derwent London plc (formerly Derwent Valley Holdings plc) (the 'Company
') with effect from 1 February 2007 held the following directorships in publicly
quoted companies in the previous five years:

Director              Company                                  Date Resigned

Robert Rayne          Derwent London plc                       Current
                      Leo Capital plc                          Current
                      Weatherford International Limited        Current
                      Inflexion plc**                          Current
                      London Merchant Securities plc*          1 February 2007
                      Equipoil plc                             19 November 2003
                      Grant Prideco Inc                        7 May 2003
                      Crown Sports plc                         14 January 2003

Nicholas Friedlos     Derwent London plc
Current
                      London Merchant Securities plc*          1 February 2007

Donald Newell         Derwent London plc
Current
                      London Merchant Securities plc*          1 February 2007

June de Moller        Derwent London plc
Current
                      Temple Bar Investment Trust plc          Current
                      London Merchant Securities plc*          1 February 2007
                      J Sainsbury plc                          1 September 2005
                      Cookson Group plc                        1 October 2004
                      Lynx Group plc                           6 March 2002

*      London Merchant Securities plc ('LMS') was delisted from the London Stock
Exchange on 1 February 2007 following the merger of the Company and LMS which
was effected by means of a Scheme of Arrangement.

**    In members' voluntary liquidation.

No further information is required to be disclosed pursuant to Listing Rule
9.6.13.

Following their appointment to the Board of the Company, the following directors
notified the Company on 7 February 2007 of their interests in the ordinary
shares of the Company:

Director                        Number of shares                      Percentage
of issued share capital

Robert Rayne (1)                4,333,872                             4.309
Nicholas Friedlos (2)           31,113                                0.031
Donald Newell (3)               1,492                                 0.001
June de Moller                  2,985                                 0.003

These interests in shares of the Company were acquired on 1 February 2007 as a
result of the scheme of arrangement sanctioned by the Court to give effect to
the merger pursuant to which all shares in LMS were cancelled and former LMS
shareholders received shares in the Company in exchange for their LMS shares.

(1)  Includes interests by attribution as a trustee of the Rayne family
charitable trusts and as beneficiary under the Rayne family trusts.
(2)  Includes interests held through the London Merchant Securities Share
Incentive Plan and awards of options.
(3)  By attribution from his wife.


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