Director/PDMR Shareholding

Grainger PLC
26 March 2007

Letter to:  RNS


Director Shareholdings


Further to the approval of the Grainger plc 2007 Long Term Incentive Plan at the
annual general meeting on 28 February 2007 the following directors of Grainger 
plc ("the Company") were, on 23 March 2007, awarded the following conditional 
share interests in the ordinary share capital of the Company.


                                     Performance interests   Matching interests

Rupert Dickinson                           108,129              21,625
Andrew Cunningham                           81,213              16,242

They were also granted conditional nil cost options in conjunction with the 
grant of the share interests over such number of shares which at vesting have a 
market value equal to the initial value of the shares comprised in the share 
interests.

Rupert Dickinson and Andrew Cunningham were also each awarded 4,680 approved 
share options under the Company's Executive Share Options scheme. These options 
were granted at £6.409, being the average mid-market price of the shares for the 
previous five working days.

In addition the Company announces that it has provided funding to enable The
Grainger Employee Benefit Trust to purchase 520,000 shares in the Company. These
shares which were acquired at an average of £6.544 per share will be used to
satisfy share interests and options granted in the Grainger plc 2007 Long Term
Incentive Plan.


From:  M P Windle 
       Assistant Company Secretary
       Grainger Trust Plc


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