Director Shareholding

SMG PLC
15 December 2004



SMG plc
Company No. SC203873

The Company have been informed today, 15 December 2004, that as a result of
purchases by the SMG plc Inland Revenue Approved Share Incentive Plan (SIP) on
13 December 2004, the following directors became the beneficial owners of SMG
plc ordinary shares of 2.5 pence each:-


Director           No of Shares     Date of   Total holding   Total percentage
                    Purchased      Purchase     following    holding of issued
                                                  this      class following this
                                              notification      notification

Donald Emslie     121 @ £1.0325    13.12.04     1,429,940          0.45%
                                             
Andrew Flanagan   121 @ £1.0325    13.12.04     2,830,570          0.90%

George Watt       121 @ £1.0325    13.12.04       979,798          0.31%


Enquiries:

Sara Clarke - Company Secretary
0141 300 3074



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