SCOTTISH MEDIA GROUP PLC
05 August 1999
The issuer has sent in the following replacement to the announcement released
earlier today. The figures in paragraph two previously read 43,250 and 297
pence. The rest of the text remains the same and should read as below.
SCOTTISH MEDIA GROUP EMPLOYEE TRUST
The Scottish Media Group Employee Trust ('the Trust') holds shares in order to
satisfy awards made to directors and staff under various Scottish Media Group
share plans.
The Trust purchased 43,255 shares in Scottish Media Group plc ('the company') at
a price of 927 pence per share on 4 August 1999. The shares will be used to
satisfy awards which have been made to directors of the Company under the
Scottish Media Group Performance Share Plan ('the Plan') provided the Company
attains the performance targets set under the rules of the Plan.
The executive directors of the Company, Andrew Flanagan, Gary Hughes, Donald
Emslie and Desmond Hudson, who notified awards under the Plan on 1 June
1999, have declared their interests in these shares as potential beneficiary
under the Plan.
Authorised Company Official
Name: Dawn Davidson
Date of Notification: 4 August 1999
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