Director Shareholding

Kier Group PLC
23 May 2001


KIER GROUP plc

DIRECTORS' SHARE TRANSACTIONS

Kier Group announces that on 21 May 2001, Mr C R W Busby, Mr J Dodds and 
Mr M P W Scarth were each allotted 64,234 ordinary shares in the Company
following exercise of options under the Kier Group Performance Related Option
Scheme at an Exercise Price of 170p per share.

In response to institutional demand for Kier Group shares the directors and
their wives sold the following on 21 May 2001 at a price of 495p per share:

Mr and Mrs Busby       -       100,000 shares
Mr and Mrs Dodds       -       74,000 shares
Mr Scarth              -       64,234 shares

Following these transactions their beneficial holdings were:

Mr and Mrs Busby       -       600,985 shares (1.8% of the issued capital)
Mr and Mrs Dodds       -       540,598 shares (1.6% of the issued capital)
Mr and Mrs Scarth      -       400,092 shares (1.2% of the issued capital)