Director/PDMR Shareholding

JOHN LAING GROUP PLC

Announcement to the London Stock Exchange

This notification is made in accordance with DTR 3.1.4(1)(a).

On 16 April 2015, awards over ordinary shares of 10p each (the "Shares") in John Laing Group plc (the "Company") were made to certain persons discharging managerial responsibilities ("PDMRs") under the John Laing Group plc Long-Term Incentive Plan 2015, as follows:

No consideration was paid for the grant of the awards which are structured as nil cost options.

The vesting of an award is subject to the satisfaction of the following performance conditions set by the Remuneration Committee of the Company (the "Committee"):

· Half of the Shares comprised in an award are subject to a performance condition measuring the Company's total shareholder return ("TSR") performance against a comparator group comprising the members of the FTSE 250 index over a three year performance period commencing on the date of grant. 25% of the Shares in this TSR tranche will vest for median performance and 100% of the shares in the TSR tranche will vest for upper quartile performance (with vesting on a straight line basis between these points).

· Half of the Shares comprised in an award are subject to a performance condition measuring the annual compound growth in the Company's net asset value per Share ("NAV") over three financial years commencing with the 2015 financial year. NAV will be based on the figures reported in the Company's annual financial statements but adjusted to include the value of any dividends paid to or approved by shareholders during the three year performance period. The NAV figures may also be adjusted at the discretion of the Committee to reflect any regulatory or accounting changes or any changes to the Company's share capital. 25% of the Shares in the NAV tranche will vest for threshold performance of 12% annual compound growth in NAV over the three year performance period and 100% of the Shares in the NAV tranche will vest for achieving the stretch target of 18% growth (with vesting on a straight line basis between these points). The base year for the measurement of the growth in the value of NAV is the 2014 financial year for which the NAV value is 210p which includes the money raised in the IPO of the Company in February 2015.

The awards will normally vest on the later of the third anniversary of grant and the determination of the performance conditions, and will then normally remain exercisable until the day before the tenth anniversary of the date of grant provided the individual remains an employee or officer of the group.

The Company was informed of the above transactions on 16 April 2015.

Carolyn Cattermole

Group General Counsel and Company Secretary

16 April 2015