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Director Shareholding

4th May 2005 16:25

Headlam Group PLC04 May 2005 For immediate release Headlam Group plc - Exercise of share options Headlam Group plc ("Headlam") announces that on 3 May 2005 Steve Wilson, GroupFinance Director, exercised share options over 25,000 shares granted on 14December 1998 under the Headlam Group 1998 Unapproved Executive Share OptionScheme at an option price of £2.255 per share. These options are normallyexercisable between 14 December 2001 and 14 December 2005. After the exercise of the share option, all of the shares were retained. Following this transaction, Stephen Wilson's shareholding in the ordinary sharesof 5p each in the company increased by 25,000 to 236,433 shares representing0.27% of the issued share capital of the company. End Released 4 May 2005 This information is provided by RNS The company news service from the London Stock Exchange

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