Director Shareholding

SMG PLC
14 January 2004


SMG plc
Company No. SC203873

The Company have been informed today, 14 January 2004, that as a result of
purchases by the SMG plc Inland Revenue Approved Share Incentive Plan (SIP) on
12 January 2004, the following directors became the beneficial owners of SMG plc
ordinary shares of 2.5 pence each:-
                                                                              
Director            No of Shares          Total holding        Total percentage  
                     Purchased            following this      holding of issued 
                                           notification         class following  
                                                               this notification  
                                                                             
Andrew Flanagan     107 @ £1.17               2,618,667                 0.83% 
                                                                              
George Watt         107 @ £1.17                 851,863                 0.27% 
                                                                              
Donald Emslie       107 @ £1.17               1,268,895                 0.40% 


Enquiries:

Sara Clarke - Company Secretary
0141 300 3074


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