Director Shareholding

Terrace Hill Group PLC
03 October 2002

TERRACE HILL GROUP PLC (the 'Company')



DIRECTOR SHAREHOLDING





D Ross Macdonald, Joint Managing Director of the Company, has today purchased
10,000 Shares at a price of 12.50p each. Mr Macdonald's interest in the share
capital of the Company has increased from 469,522 Shares (0.301%) to 479,522
Shares (0.308%).





The Shares referred to in the announcement are the issued Ordinary Shares of 2p
each in the Company.



End


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