Director Shareholding

SMG PLC
28 February 2001

SMG plc

Company No. 203873



The Company has been advised today (28 February 2001) that on 27 February 2001
the following directors increased their interests in SMG plc ordinary shares
of 2.5p.

The following directors purchased shares at a price of 242p per share:-


Don Cruickshank                                                          10,618
Calum MacLeod                                                               527
Fiona Harrison                                                              198
Steve Maine                                                                 233
Allan Shiach                                                                171
Donald Waters                                                               233
George Watt                                                               2,036



The following director received an award under the SMG plc Performance Share
Plan:-


                    No. of Ordinary          Award Price         Aggregate
Director          Shares of 2.5p each         per share         Award Value
George Watt             54,166                  £2.40             £129,998





The following directors received awards under the SMG plc Executive Share
Option Scheme:-
                     No. of Ordinary
Director           Shares of 2.5p each       Date of Grant      Option Price
Andrew Flanagan          333,333               27.02.01             £2.40
Donald Emslie            121,875               27.02.01             £2.40
Des Hudson               118,750               27.02.01             £2.40