Director/PDMR Shareholding

Grainger Trust PLC
10 January 2006

LETTER TO:  RNS
           
Directors Shareholdings

The company was notified on 10 January 2006 that the following shares have
been purchased for the respective Directors.

The shares which were purchased under the Company's SIP are registered in the
name of Capita IRG.

The price per 5p ordinary share was £5.28.


Director          Number of shares     Total holding          Total percentage
                          acquired    following this         holding of issued
                                        notification     shares following this
                                                                  notification     

Rupert Dickinson               639         1,512,423                      1.17%     

Stephen Dickinson              639         6,194,863                      4.79%

Andrew Cunningham              639           377,758                      0.29%


From:  M P Windle (Assistant Company Secretary, Grainger Trust Plc)



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