Director/PDMR Shareholding

Grainger Trust PLC
10 August 2005



Letter to RNS

Directors Shareholdings

The company was notified on 10 August 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 £4.26 for 87 of the shares and £3.86 for the 
remaining 775 shares.


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

Rupert Dickinson         862               1,459,512             1.13%     
Stephen Dickinson        862               6,262,732             4.84%     
Andrew Cunningham        862                 371,182             0.29%



For and on behalf of 
GRAINGER TRUST plc





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