Director Dealings

Grafton Group PLC
11 January 2005

                                  SCHEDULE 11

          NOTIFICATION OF INTERESTS OF DIRECTORS AND CONNECTED PERSONS
AVS NO

All relevant boxes should be completed in block capital letters.
1.    Name of company                                2.   Name of director

      Grafton Group plc                                   Michael Chadwick


3.    Please state whether notification indicates    4.   Name of the registered holder(s) and, if more than
      that it is in respect of holding of the             one holder, the number of shares held by each of
      shareholder named in 2 above or in respect of       them (if notified)
      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 an non-beneficial interest      Michael Chadwick

      Michael Chadwick


5.    Please state whether notification relates to a 6.   Please state the nature of the transaction. For PEP
      person(s) connected with the director named in      transactions please indicate whether general/single
      2 above and identify the connected person(s)        co PEP and if discretionary/non discretionary/non
                                                          discretionary

                                                          Disposal for nil consideration

7.    Number of shares/    8.   Percentage of issued 9.   Number of shares/      10. Percentage of issued
      amount of stock           class                     amount of stock            class
      acquired                                            disposed

                                                          Beneficial - 55,000


                                                                                     0. 0%

  11. Class of security    12.  Price per share      13.   Date of transaction   14.  Date company informed

      Grafton Units             N/A                        7 January 2005             11 January 2005
15.   Total holding following this notification      16.   Total percentage holding of issued class following
                                                           this notification


      Beneficial - 18,836,460
                                                           Beneficial - 8.8%


      Non-beneficial as Nominee - 178,640
                                                           Non-beneficial as Nominee - 0.1%


      Non-beneficial interest as
                                                           Trustee of a Family Trust - 1.4%
      Trustee of family Trust - 2,986,560


                                                           Trustee of Employee Share Participation
      Non-beneficial interest as
                                                           Scheme - 0.5%
      Trustee of Grafton Group Plc Employee

      Share Participation Scheme - 985,032


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    20.  Description of shares or debentures involved: class,
      option                                              number


21.   Exercise price (if fixed at time of grant) or  22.  Total number of shares or debentures over which
      indication that price is to be fixed at time        options held following this notification
      of exercise


23.   Any additional information                     24.  Name of contact and telephone number for queries

                                                          Charles Rinn 00 353 1 216 0600



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



      Charles rinn -  Secretary
Date of notification 11 January 2005



Company Announcements Office, Old Broad Street, London EC2N 1HP

Facsimile: 020 7588 6057, 020 7334 8964/8965/8966 (PLEASE DO NOT POST)

Enquiries: Company Monitoring and Enquiries; UK Listing Authority








This announcement has been issued through the Companies Announcement Service of



The Irish Stock Exchange














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