Director/PDMR Shareholding

RNS Number : 8788X

Smith (DS) PLC

22 February 2012

DS Smith Plc ("the Company")

Notifications of Transactions of Directors/ Persons Discharging Managerial Responsibility (PDMR) and Connected Persons

In pursuance of the Company's obligations in accordance with DTR 3.1.2 R, I hereby notify you of the following Directors and PDMR share transactions which occurred on 22 February 2012 in London:

The Directors and PDMR listed below have notified the Company that they have become interested in the number of Ordinary Shares of 10p each of the Company as indicated below after taking up their rights under the 9 for 8 Rights Issue at 95 pence per New Ordinary Share offered to Shareholders on 17 January 2012.

Capitalised terms not defined herein, are defined in Part XVIII (Definitions and Glossary of Technical Terms) of the combined prospectus and circular sent to Shareholders on 17 January 2012.

Director	Name of registered holder (if different from Director)	Additional shares	Total shares now held	% of issued share capital
Gareth Davis		45,000	85,000	0.009
Miles William Roberts	Gillian Janet Roberts	123,242	232,791	0.025
Stephen William Dryden		103,493	195,487	0.021
Christopher Jonathan Bunker		22,500	42,500	0.005
Philippe Jean-Claude Mellier		22,500	42,500	0.005
Jonathan Clive Nicholls	40,651 of total now held through Barclays Wealth	57,868	109,307	0.012

PDMR	Name of registered holder (if different from PDMR)	Additional shares	Total shares now held	% of issued share capital
Gary Edward Saunders	10,900 in the name of Susan Saunders	11,541	21,800	0.002