Director/PDMR Shareholding

Grainger Trust PLC
22 November 2005


Directors Shareholdings

The company was notified on 22 November 2005 that the following shares have been
purchased for the respective Directors.

The shares which were purchased under the Company's SIP are registered in the
name of Capita IRG.

The price per 5p ordinary share was £4.45.

Director                    Number of     Total holding      Total percentage
                               shares    following this     holding of issued
                             acquired      notification      shares following 
                                                            this notification

Rupert Dickinson                   84         1,459,761                 1.13%
Stephen Dickinson                  84         6,194,146                 4.79%
Andrew Cunningham                  84           371,431                 0.29%     

M P Windle
Assistant Company Secretary


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