Director Shareholding

Hill & Smith Hldgs PLC
10 March 2005


Director Dealings

Hill & Smith Holdings PLC ('Hill & Smith' or the 'Company') announces that on 
9 March 2005, Mr David Grove and Mr Christopher Burr, both being directors of 
the Company, exercised options to subscribe for new ordinary shares in the 
Company.  Mr Grove exercised options over 500,000 ordinary shares at an option 
exercise price of 67.2p and Mr Burr exercised options over 200,000 ordinary 
shares at an option exercise price of 70.3p.

The Company has been informed today that on 10 March 2005, to fund an increase 
in their shareholdings in the company, Mr Grove sold 350,000 ordinary shares 
at 163.5p and Mr Burr sold 125,000 ordinary shares at 163.5p.

As a result of the above transactions Mr Grove's holding in Hill & Smith 
ordinary shares has increased from 1,125,945 ordinary shares to 1,275,945 
(representing 2.03% of the total ordinary shares in issue) and Mr Burr's 
holding in Hill & Smith ordinary shares has increased from 62,628 to 137,628 
(representing 0.22% of the total ordinary shares in issue).

Mr Grove and Mr Burr also each hold options over 12,360 ordinary shares 
granted by the Company under its SAYE scheme, but hold no other options over 
ordinary shares in the Company.

Further information:

Edward Carter
Quantum PR plc
Telephone - 0121 633 7775

End
10 March 2005



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