Director Shareholding

SMG PLC
12 September 2001

SMG plc

COMPANY NUMBER: 203873

The Company has been advised today (12 September 2001) that on 11 September
2001 the following directors increased their interests in SMG plc ordinary
shares of 2.5p.

The following directors purchased shares at a price of 145p per share.

Don Cruickshank                                            4,077
Calum MacLeod                                              2,650
Fiona Harrison                                             1,016
Steve Maine                                                755
Allan Shiach                                               871
Donald Waters                                              1,270

The following directors received awards under the SMG plc Performance Share
Plan.


                       No of Ordinary     Award Price        Aggregate
Director          Shares of 2.5p each     Per Share          Award Value

Andrew Flanagan               133,277       £1.505           £200,581.89
Donald Emslie                 69,916        £1.505           £105,223.58
Des Hudson                    73,237        £1.505           £110,221.69


The following director received an award under the SMG plc Executive Share
Option Scheme.
                     No of Ordinary
Director        Shares of 2.5p each         Date of Grant        Option Price

George Watt                   93,525            12.09.01             £1.39