16th May 2006 15:30
16th May 2006 ROLLS-ROYCE GROUP plc Rolls-Royce announces that on 26 April 2006, ordinary shares in the companywere transferred to the following person discharging managerial responsibility(PDMR) by Mourant & Co Trustee Ltd (the trustee of the Rolls-Royce EmployeeShare Trust) in relation to deferred awards made under the Company's AnnualPerformance Related Award plan (APRA) in 2004 and the Deferred Share IncentivePlan (DSIP) in 2003. In addition the Director sold the number of shares listedbelow to discharge his tax obligation arising from the release of the shares. APRA Award Number of Total DSIP Award Number of Total Exercisable Shares Shares Exercisable Shares Shares Sold to Released to Sold to Released to Discharge Certificate Discharge Certificate Tax Tax Liability Liability PDMR Michael 28,514 11,691 16,823 135,276 55,464 79,812Terrett The shares have been held in trust for 2 years for APRA and 3 years for DSIPand have been released by the trustee in accordance with the rules of thePlans.Each of the Directors by virtue of being potential beneficiaries of the trustare technically interested in all of the shares in the trust.27,182,591 shares are held in the trust following the release of shares.Notified 16 May 2006For further information, please contact:-John Warren - Deputy Company Secretary - Tel. 01332 245878ENDROLLS-ROYCE GROUP PLCRelated Shares:
Rolls-Royce