Director Shareholding

SMG PLC
15 January 2003



SMG plc

Company No. SC203873

The Company have been informed today, 15 January 2003, that as a result of
purchases by the SMG plc Inland Revenue Approved Share Incentive Plan (SIP) on
13 January 2003, the following directors became the beneficial owners of SMG plc
ordinary shares of 2.5 pence each:-

                                                                                          Total percentage holding of
                                    No of Shares          Total holding following this    issued class following this
Director                              Purchased                   notification                    notification

Andrew Flanagan                     136 @ £0.915                    1,956,876                        0.62%
George Watt                         136 @ £0.915                     555,021                         0.18%
Donald Emslie                       136 @ £0.915                     882,372                         0.28%
Des Hudson                          136 @ £0.915                     807,922                         0.26%

Enquiries:

Callum Spreng - Director of Corporate Affairs

0141 300 3640




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