Director Shareholding

Evolution Group PLC
04 June 2004

4 June 2004

                              Evolution Group Plc

  Sanne UK Ltd as trustee of the Evolution Employee Share Incentive Plan Trust


The Evolution Group Plc ("Evolution" or the "Company"), the investment bank and
retail fund management group, announces that Sanne UK Limited (the "Trustee") in
its capacity as the trustee of the Evolution Employee Share Incentive Plan (the
"Plan") has yesterday purchased 7,104 Ordinary shares of 1p each at a price of
140 pence per share and that Evolution has today issued 7,104 Ordinary shares of
1p each credited as fully paid at 140 pence per share to the Trustee as "
matching shares" under the terms of the Plan. The Trustee holds the shares as
Nominee for the participants of the Plan.

The purchase and issue included the following shares in respect of certain of
its directors:

Name of Director     Number of Ordinary   Total number of       Interest of director in    Percentage of
                     shares (including    Ordinary shares held  Ordinary shares including  issued share
                     matching shares)     by the Trustee for    the shares held by the     capital
                     acquired by the      director following    Trustee for the director   represented by
                     Trustee for director such acquisition      ("Total Interest")         director's Total
                                                                                           Interest

Alex Snow            176                  2,512                 431,614                    0.17
Graeme Dell          176                  2,512                 50,332                     0.02
Richard Griffiths    176                  2,512                 5,837,512                  2.35


The above directors' interests exclude any interests in options over ordinary
shares in the Company.


                                      ENDS


For more information please contact:

The Evolution Group Plc (www.evolution-group.com)
Graeme Dell, Finance Director                                      020 7071 4300


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