Director/PDMR Shareholding

Meggitt PLC

Director/PDMR Shareholdings

J Simpkins

1. Exercise of share option

On 18 May 2011, 29,203 shares under option granted to Mr J Simpkins (PDMR) in 2004, which would otherwise expire in October 2011, were exercised at an option price of 210.59p. Sufficient shares were sold at 358.54p to cover the costs of exercise and to discharge US tax liabilities, being 21,787 shares, with the remaining 7,416 shares transferred to Mr Simpkins.

Total shareholding: 37,252.

Percentage of issued share capital: 0.006%

2. Exercise of cash settled share appreciation rights

On 18 May 2011, the following share appreciation rights were exercised at a price of 361.10 pence:

Granted Base price Share appreciation rights

2005 278.65 pence 43,838

2006 263.67 pence 47,328

2007 299 pence 41,806

2008 252.5 pence 50,162

The share appreciation rights were cash settled, therefore no shares were allotted and the shareholding of Mr Simpkins is unchanged from the above total shareholding figure as a result of this transaction.

For queries, please contact:

Marina Thomas

Assistant Company Secretary

Meggitt PLC

01202 597588

[email protected]

19 May 2011