Director/PDMR Shareholding

Hill & Smith Hldgs PLC
02 July 2007

Notification under paragraphs 3.1.2R to 3.1.4R of the Disclosure and 
Transparency Rules

Hill & Smith Holdings PLC ('Hill & Smith' or the 'Company') announces that the 
Board has today approved the conditional award to Mr D W Muir, a person 
discharging managerial responsibilities of Hill & Smith, of options over up to 
67,791 ordinary shares (the 'Award Shares') in the Company, in accordance with 
the provisions of the Hill & Smith 2007 Long-Term Incentive Plan (the '2007 
Plan').

Vesting of the Award Shares is, under the rules of the 2007 Plan, subject to 
the achievement by the Company of growth in its underlying earnings per share 
over the three year period commencing on 1 January 2007 (the 'Vesting Period'), 
as set out in a circular to the Company's shareholders dated 7 April 2007.  
The Award Shares will, subject to achievement of the performance conditions, 
vest at the end of the Vesting  Period.  Mr Muir will not be required to make 
any payment for Award Shares to which he becomes entitled under the 2007 Plan.

Following the grant of this award, Mr Muir has a beneficial interest of 9,714 
ordinary shares and has options over 158,265 ordinary shares.

Enquiries:
John Humphreys
Company Secretary
Hill & Smith Holdings PLC
Tel: [phone]




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