Directors' Dealings

TRINITY MIRROR PLC 13 September 1999 Michael David Masters exercised 30,038 options at an option price of £1.568 on 8th September as these options were due to lapse shortly on the expiry of 10 years from the date of grant. Mr Masters today sold 8,320 shares resulting from the exercise at 569 pence per share which raised sufficient monies to meet the funding costs of exercising these options and the balance of shares have been retained by Mr. Masters. As a result of this transaction Mr. Masters' beneficial holding in Trinity Mirror plc has increased from 93,957 ordinary shares of 10p to 115,675 ordinary shares of 10p representing 0.083% of the issued share capital.

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