Director/PDMR Shareholding

Smith (DS) PLC
10 January 2006


                          DS Smith Plc ('the Company')

We hereby notify you that on 9 January 2006, Mr Jean-Paul Loison a Director of
DS Smith Plc exercised his options under the Company's Restricted Share Plan and
acquired 40,336 ordinary shares of the Company at a total exercise price of £2.
At the same time he sold 4,156 ordinary shares in the Company at a price of 167p
per share in order to pay the French social charges due on the exercise.

Mr Jean-Paul Loison holds a total of 52,778 shares of the Company, being 0.01%
of the issued share capital, following this notification.

Carolyn Cattermole
Company Secretary

10 January 2006


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