Director/PDMR Shareholding

Devro plc (the "Company" or the "Group")

Director & PDMRs Dealings

19 March 2010

The company announces that 270,520 ordinary shares of 10p each in the Company were on 18 March 2010 allotted to the following Director and PDMRs of the Group pursuant to awards granted to these individuals under the Company's 2003 Performance Share Plan ("PSP"). The shares have been released at no cost to the individuals according to the extent to which the applicable PSP performance conditions applying to such awards have been met for the 3-year performance period ending on 31 December 2009. Following an exercise of discretion by the Executive Directors' Remuneration Committee in accordance with the Rules of the PSP, the shares are being released in advance of their original vesting date of 13 June 2010 in the case of Peter Page, and 3 May 2010 in the case of the other individuals. The Company has put in place appropriate contractual arrangements which are intended to safeguard its financial position in the event that any recipient of the shares ceases employment prior to the original vesting date in circumstances where his award would not otherwise have vested.