Director Shareholding

Terrace Hill Group PLC
25 March 2003


TERRACE HILL GROUP PLC ('the Company')

Director Shareholding


Mr Philip Leech, Director of the Company, has today purchased 10,000 Shares
(0.01%) at a price of 16.50p each. This represents Mr Leech's entire holding in
the Company.

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


25 March 2003


END


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