Director/PDMR Shareholding

Cropper(James) PLC 07 March 2006 James Cropper PLC ('the Company') Sale of shares by James Cropper PLC Pension Scheme ('the Scheme') In late 2004 the trustees of the Scheme undertook a review of the Scheme's Investment Strategy inconjunction with its advisers. The aim of the review was to align the Scheme's assets with the changing age profile of its membership resulting from the closure of the Scheme to new membership in 1999. As a result of this review the trustees have embarked upon a Strategy that will progressively increase the proportion of its funds held in bonds with a consequent reduction in equities. The Company was notified on 7 March 2006 that the Scheme had sold 10,000 ordinary shares of 25 pence each in the Company ('Ordinary Shares') at a price of 157 pence per Ordinary Share. Following this disposal the Scheme now holds 231,000 Ordinary Shares representing 2.76 per cent of the Company's issued ordinary share capital. Two executive directors Mr John Malcolm Denman and Mr Nigel Anthony Read are trustees of the Scheme and are therefore deemed to have a non-beneficial interest in the Scheme. 7 March 2006 This information is provided by RNS The company news service from the London Stock Exchange
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