Director/PDMR Shareholding

1.

Name of the issuer

BUNZL PLC

2.

State whether the notification relates to (i) a

transaction notified in accordance with DTR 3.1.2 R,

(ii) a disclosure made in accordance

LR 9.8.6R(1) or

(iii) a disclosure made in accordance with section 793 of the Companies Act (2006).

(i)

3.

Name of person discharging managerial

responsibilities/director

1. MICHAEL RONEY

2. PATRICK LARMON

3. BRIAN MAY

4. PAUL BUDGE

5. CELIA BAXTER

4.

State whether notification relates to a person

connected with a person discharging managerial responsibilities/director named in 3 and identify the connected person

N/A

5.

Indicate whether the notification is in respect of a holding of the person referred to in 3 or 4 above or in respect of a nonbeneficial

interest

PERSONS NAMED IN 3 ABOVE

6.

Description of shares (including class), debentures or derivatives or financial instruments relating to shares

ORDINARY SHARES OF 32 1/7P

7.

Name of registered shareholders(s) and, if more than one, the number of shares held by each of them

1. MICHAEL RONEY - 312,263 (13,888 SHARES HELD BY VIDACOS NOMINEES LIMITED AND 298,375 SHARES HELD BY SANDRA RONEY)

2. PATRICK LARMON - 125,489 (INCLUDING 23,957 HELD BY NY NOMINEES LIMITED IN THE BUNZL EMPLOYEE STOCK PURCHASE PLAN (US))

3. BRIAN MAY - 105,240 (104,240 SHARES HELD BY CHASE NOMINEES LIMITED A/C CMBLJPPB (AS NOMINEE FOR EMMA MAY) AND 1,000 SHARES HELD BY CHASE NOMINEES LIMITED A/C CMBLJPPB (AS NOMINEE FOR BRIAN MAY))

4. CHARLES PAUL BUDGE - 24,826

5. CELIA BAXTER - 38,111 SHARES HELD BY HARGREAVES LANSDOWN NOMINEES LIMITED (AS NOMINEE FOR CELIA BAXTER)

8.

State the nature of the transaction

EXERCISE OF 2013 AWARDS AND SUBSEQUENT SALE OF SHARES UNDER THE DEFERRED ANNUAL SHARE BONUS SCHEME

9.

Number of shares, debentures or financial

instruments relating to shares acquired

1. MICHAEL RONEY - 25,575

2. PATRICK LARMON - 21,045

3. BRIAN MAY - 14,165

4. CHARLES PAUL BUDGE - 9,585

5. CELIA BAXTER - 6,049

10.

Percentage of issued class acquired (treasury shares of that class should not be taken into account when calculating percentage)

1. MICHAEL RONEY - 0.01%

2. PATRICK LARMON - 0.01%

3. BRIAN MAY - 0.00%

4. CHARLES PAUL BUDGE - 0.00%

5. CELIA BAXTER - 0.00%

11.

Number of shares, debentures or financial

instruments relating to shares disposed

1. MICHAEL RONEY - 25,575

2. PATRICK LARMON - 21,045

3. BRIAN MAY - 14,165

4. CHARLES PAUL BUDGE - 9,585

5. CELIA BAXTER - 6,049

12.

Percentage of issued class disposed (treasury shares of that class should not be taken into account when calculating percentage)

1. MICHAEL RONEY - 0.01%

2. PATRICK LARMON - 0.01%

3. BRIAN MAY - 0.00%

4. CHARLES PAUL BUDGE - 0.00%

5. CELIA BAXTER - 0.00%

13.

Price per share or value of transaction

EXERCISED AT NIL COST

SOLD AT 1,946p PER SHARE

14.

Date and place of transaction

1 MARCH 2016 - LONDON

15.

Total holding following notification and total percentage holding following notification (any treasury shares should not be taken into account when calculating percentage)

1. MICHAEL RONEY - 312,263 (13,888 SHARES HELD BY VIDACOS NOMINEES LIMITED AND 298,375 SHARES HELD BY SANDRA RONEY) (0.09%) (NO CHANGE)

2. PATRICK LARMON - 125,489 (INCLUDING 23,957 SHARES HELD BY HSBC CLIENT HOLDINGS NOMINEE (UK) LIMITED IN THE BUNZL EMPLOYEE STOCK PURCHASE PLAN (US)) (0.04%) (NO CHANGE)

3. BRIAN MAY - 105,240 (104,204 SHARES HELD BY CHASE NOMINEES LIMITED A/C CMBLJPPB (AS NOMINEE FOR EMMA MAY) AND 1,000 SHARES HELD BY CHASE NOMINEES LIMITED A/C CMBLJPPB (AS NOMINEE FOR BRIAN MAY)) (0.03%) (NO CHANGE)

4. CHARLES PAUL BUDGE - 24,826 (0.01%) (NO CHANGE)

5. CELIA BAXTER - 38,111 SHARES HELD BY HARGREAVES LANSDOWN NOMINEES LIMITED (AS NOMINEE FOR CELIA BAXTER) (0.01%) (NO CHANGE)

16.

Date issuer informed of transaction

1 MARCH 2016

17.

Date of grant

1 MARCH 2016

18.

Period during which or date on which exercisable

1. 1 MARCH 2019

2. 1 MARCH 2019

3. 1 MARCH 2019 - 28 FEBRUARY 2022

4. 1 MARCH 2019 - 28 FEBRUARY 2022

5. 1 MARCH 2019 - 28 FEBRUARY 2022

6. 1 MARCH 2019 - 28 FEBRUARY 2022

7. 1 MARCH 2019 - 28 FEBRUARY 2022

8. 1 MARCH 2019 - 28 FEBRUARY 2022

19.

Total amount paid (if any) for grant of the option

N/A

20.

Description of shares or debentures involved (class and number)

1. MICHAEL RONEY - 17,600

2. PATRICK LARMON - 10,478

3. BRIAN MAY - 9,831

4. PAUL BUDGE - 4,948

5. CELIA BAXTER - 4,194

6. FRANK VAN ZANTEN - 8,190

7. PAUL HUSSEY - 4,010

8. ANDREW MOONEY - 4,039

ORDINARY SHARES OF 32 1/7 P

21.

Exercise price (if fixed at time of grant) or

indication that price is to be fixed at the time of exercise

NIL

22.

Total number of shares or debentures over which options held following notification

1. MICHAEL RONEY - 568,480

2. PATRICK LARMON - 466,215

3. BRIAN MAY - 301,012

4. PAUL BUDGE - 188,838

5. CELIA BAXTER - 149,823

6. FRANK VAN ZANTEN - 206,742

7. PAUL HUSSEY - 154,237

8. ANDREW MOONEY - 153,225

23.

Any additional information

GRANT OF 2016 AWARDS UNDER THE DEFERRED ANNUAL SHARE BONUS SCHEME

24.

Name of contact and telephone number for queries

A MATTHEWS - 020 7725 5000

Name of authorised official of issuer responsible for making notification

PAUL HUSSEY

Date of notification - 1 MARCH 2016

(1)

An issuer making a notification in respect of a transaction relating to the shares or debentures of the issuer should complete boxes 1 to 16, 23 and 24.

(2)

An issuer making a notification in respect of a derivative relating the shares of the issuer should complete boxes 1 to 4, 6, 8, 13, 14, 16, 23 and 24.

(3)

An issuer making a notification in respect of options granted to a director/person discharging managerial responsibilities should complete boxes 1 to 3 and 17 to 24.

(4)

An issuer making a notification in respect of a financial instrument relating to the shares of the issuer (other than a debenture) should complete boxes 1 to 4, 6, 8, 9, 11, 13, 14, 16, 23 and 24.