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Director/PDMR Shareholding

9th Jan 2007 09:31

Smith (DS) PLC09 January 2007 DS Smith Plc ("the Company") Directors' Shareholdings We hereby notify you that on 8 January 2007, Tony Thorne, a Director of DS SmithPlc exercised his option under the Company's Restricted Share Plan Scheme andacquired 71,774 ordinary shares of the Company at a total exercise price of100p. At the same time Mr Thorne sold 29,489 of the acquired shares at a price of 203p per share in order to pay the income tax, NIC, and dealing expenses due onthe exercise. Mr Thorne holds a total of 251,169 shares of the Company, being 0.064% of theissued share capital following this notification. We also notify you that on the same date, Gavin Morris, a Director of DS SmithPlc exercised his option under the Company's Restricted Share Plan Scheme andacquired 28,219 ordinary shares of the Company at a total exercise price of100p. At the same time Mr Morris sold 11,595 of the acquired shares at a price of 203p per share in order to pay the income tax, NIC, and dealing expenses due onthe exercise. Mr Morris holds a total of 29,322 shares of the Company, being 0.007% of theissued share capital following this notification. Carolyn Cattermole 9 January 2007 This information is provided by RNS The company news service from the London Stock Exchange

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Smith (DS)
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