Director Shareholding

Speedy Hire PLC
23 December 2004


23 December 2004

                        Speedy Hire Plc (the 'Company')
                         Directors' Interests in Shares


Speedy Hire Plc announces the following changes to Directors' interests in the
Company's ordinary 5p shares ('Shares').

J E Brown, S J Corcoran, N C O'Brien and A C Simpson, Directors of the Company,
have today each been granted options to purchase 2,473 Shares under the
Company's SAYE Scheme. The SAYE Scheme is an all employee scheme which was
approved by shareholders at the AGM earlier in the year.

In consideration of these options, each Director will make savings of £250 per
month during the associated three year savings contract.  At the end of the
three years a bonus of 1.9 times one month's saving will be given. The exercise
price is £3.83 per Share.

These options will normally be exercisable during a six month period commencing
on 1 February 2008.

Following these grants, each of the Directors will hold options/awards over
Shares as shown below:

Director          Total Shares over which
                  options/awards held

------------------------------------------
J E Brown           2,473     (0.01%)
------------------------------------------
S J Corcoran      143,789     (0.34%)
------------------------------------------
N C O'Brien       108,461     (0.25%)
------------------------------------------
A C Simpson       136,724     (0.32%)


                                     -ends-


Enquiries:

Speedy Hire Plc
Frank Dee, Chairman Remuneration Committee
Neil O'Brien, Finance Director
Tel: [phone]


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