Director Shareholding

Diploma PLC
07 January 2004


FOR IMMEDIATE RELEASE                                 7 January 2004


                      DIPLOMA PLC - DIRECTORS' LTIP AWARDS

Following shareholder approval of the Company's Long Term Incentive Plan
('LTIP') 2004 at the Company's Annual General Meeting held today, the
Remuneration Committee has recommended the Board to approve the following Awards
to Executive Directors:

BM Thompson                       53,347   Ordinary Shares
I Henderson                       31,381   Ordinary Shares
NP Lingwood                       32,427   Ordinary Shares


The Awards made today are subject to performance conditions measured over a
three year Performance Period ending on 30 September 2006. A summary of the LTIP
was sent to shareholders in a Circular on 1 December 2003.


For further enquiries please contact:

Bruce Thompson, Chief Executive Officer             020 7638 0934
Nigel Lingwood, Group Finance Director              020 7448 4875
Ian Seaton, Bankside Consultants                    020 7444 4157
Heather Salmond, Bankside Consultants               020 7444 4148


                      This information is provided by RNS
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