Grant of Options

Mears Group PLC
26 March 2008


26 March 2008


Mears Group PLC ('Mears' or the 'Company')


Grant of Options


On 20 March 2008, Andrew Smith (Finance Director) and David Miles (Director of
Social Housing) were granted 200,000 and 300,000 options respectively over
ordinary shares of 1 penny each respectively under the Mears Unapproved Share
Option Plan. These options were granted at nil consideration, with an exercise
price of 266 pence per share and are exercisable between 2011 and 2018.

Following this grant of these options Andrew Smith and David Miles have the
following interests in the ordinary shares of Mears:


              No of Ordinary Shares   % of total voting rights   No of options

Andrew Smith                 50,000                       0.07         434,328
David Miles                 100,000                       0.14         490,000


Enquiries:

Andrew Smith, Finance Director, Mears Group tel: [phone]

Joint broker and Nominated adviser, Investec tel: [phone]


END



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