Director Shareholding

Derwent Valley Holdings PLC
17 June 2005


                                     SCHEDULE 11

                 NOTIFICATION OF INTERESTS OF DIRECTORS AND CONNECTED PERSONS

1)      Name of company:

        Derwent Valley Holdings plc

2)      Name of director:

        John David Burns

3)      Please state whether notification indicates that it is in respect of 
        holding of the shareholder named in 2 above or in respect of a 
        non-beneficial interest or in the case of an individual holder if it is 
        a holding of that person's spouse or children under the age of 18 or in 
        respect of a non-beneficial interest:

        Holding of above named director

4)      Name of the registered holder(s) and, if more than one holder, the 
        number of shares held by each of them (if notified):

        Not notified

5)      Please state whether notification relates to a person(s) connected with 
        the Director named in 2 above and identify the connected person(s):

        -

6)      Please state the nature of the transaction. For PEP transactions please 
        indicate whether general/single co PEP and if discretionary/non 
        discretionary:

        Exercise of share options

7)      Number of shares/amount of stock acquired:

        55,250 shares

8)      Percentage of issued class:

        0.104%

9)      Number of shares/amount of stock disposed:

        55,250 shares

10)     Percentage of issued class:

        0.104%

11)     Class of security:

        5p Ordinary shares

12)     Price per share:

        Sale price = £11.65

13)     Date of transaction:

        17th June 2005

14)     Date company informed:

        17th June 2005

15)     Total holding following this notification:

        691,536 shares

16)     Total percentage holding of issued class following this notification

        1.30%

        If a director has been granted options by the company please complete 
        the following boxes

17)     Date of grant:



18)     Period during which or date on which exercisable:



19)     Total amount paid (if any) for grant of the option:



20)     Description of shares or debentures involved: class, number:



21)     Exercise price (if fixed at time of grant) or indication that price is 
        to be fixed at time of exercise:



22)     Total number of shares or debentures over which options held following 
        this notification:
 


23)     Any additional information:



24)     Name of contact and telephone number for queries:

         Mr T. J Kite     0207 659 3000

 25)     Name and signature of authorised company official responsible for 
         making this notification:

         Timothy James Kite - Company secretary

        Date of Notification:      17th June  2005



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