Director/PDMR Shareholding

SMG PLC 14 September 2006 NOTIFICATION OF TRANSACTIONS OF DIRECTORS/PERSONS DISCHARGING MANAGERIAL RESPONSIBILITY AND CONNECTED PERSONS This form is intended for use by an issuer to make an RIS notification required by DR 3.1.4R(1) (1) An issuer making a notification in respect of a transaction relating to the shares or debentures of the issuer should complete boxes 1 to 16, 23 and 24. (2) An issuer making a notification in respect of a derivative relating to the shares of the issuer should complete boxes 1 to 4, 6, 8, 13, 14, 16, 23 and 24. (3) An issuer making a notification in respect of options granted to a director/person discharging managerial responsibilities should complete boxes 1 to 3 and 17 to 24. (4) An issuer making a notification in respect of a financial instrument relating to the shares of the issuer (other than a debenture) should complete boxes 1 to 4, 6, 8, 9, 11, 13, 14, 16, 23 and 24. Please complete all relevant boxes in block capital letters. 1. Name of the issuer SMG plc 2. State whether the notification relates to (i) a transaction notified in accordance with DR 3.1.4R(1)(a); or (ii) DR 3.1.4(r)(1)(b) a disclosure made in accordance with section 324 (as extended by section 328) of the Companies Act 1985; or (iii) both (i) and (ii) Relates to both (i) and (ii) 3. Name of person discharging managerial responsibilities/director Chris Masters (Chairman) David Dunn (Non-Exec Director) Steve Maine (Non-Exec Director) MT Rainey (Non-Exec Director) Martyn Smith (Non-Exec Director) Tim Gardam (Non-Exec Director) 4. State whether notification relates to a person connected with a person discharging managerial responsibilities/director named in 3 and identify the connected person N/A 5. Indicate whether the notification is in respect of a holding of the person referred to in 3 or 4 above or in respect of a non-beneficial interest Notification is respect of holdings of the persons referred to in 3 above 6. Description of shares (including class), debentures or derivatives or financial instruments relating to shares Ordinary shares of 2.5 pence each 7. Name of registered shareholder(s) and, if more than one, the number of shares held by each of them Chris Masters 23,507 David Dunn 8,387 Steve Maine 16,843 MT Rainey 4,159 Martyn Smith 3,459 Tim Gardam 1,147 8. State the nature of the transaction Share element of non-executive director's basic fee in accordance with Board policy. The Panel has confirmed on an ex parte basis that as these dealings are pursuant to a pre-existing contractual obligation there are no Takeover Code implications. 9. Number of shares, debentures or financial instruments relating to the shares acquired Chris Masters 7,903 David Dunn 2,333 Steve Maine 2,459 MT Rainey 2,459 Martyn Smith 2,484 Tim Gardam 2,459 10. Percentage of issued class acquired (treasury shares of that class should not be taken into account when calculating percentage) Chris Masters 0.00250% David Dunn 0.00074% Steve Maine 0.00078% MT Rainey 0.00078% Martyn Smith 0.00079% Tim Gardam 0.00078% 11. Number of shares, debentures or financial instruments relating to shares disposed N/A 12. Percentage of issued class disposed (treasury shares of that class should not be taken into account when calculating percentage) N/A 13. Price per share or value of transaction £0.81 14. Date and place of transaction 13 September 2006 15. Total holding following notification and total percentage holding following notification (any treasury shares should not be taken into account when calculating percentage) Chris Masters 31,410 0.00994% David Dunn 10,720 0.00339% Steve Maine 19,302 0.00611% MT Rainey 6,618 0.00209% Martyn Smith 5,943 0.00188% Tim Gardam 3,606 0.00114% 16. Date issuer informed of transaction 13 September 2006 If a person discharging managerial responsibilities has been granted options by the issuer complete the following boxes 17. Date of grant N/A 18. Period during which or date on which it can be exercised N/A 19. Total amount paid (if any) for grant of the option N/A 20. Description of shares or debentures involved (class and number) N/A 21. Exercise price (if fixed at time of grant) or indication that price is to be fixed at the time of exercise N/A 22. Total number of shares or debentures over which options held following notification N/A 23. Any additional information N/A 24. Name of contact and telephone number for queries Sara Clarke - Company Secretary 0141 300 3074 Name of duly authorised officer of issuer responsible for making notification Sara Clarke - Company Secretary Date of notification 14 September 2006 This information is provided by RNS The company news service from the London Stock Exchange

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