Director/PDMR Shareholding

1.

Name of the issuer

OCEAN WILSON HOLDINGS LIMITED

2.

Notification relates to a transaction notified in accordance with DTR 3.1.2 R, 

3.

Name of person discharging managerial

responsibilities/director

MR WILLIAM SALOMON

4.

Notification does not relates to a person

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

5.

The notification is in respect of a holding of the person referred to in 3 above

6.

ORDINARY SHARES

7.

Name of registered shareholder

DEUTSCHE BANK NOMINEES (JERSEY) LIMITED ACCOUNT 10979

8.

Nature of the transaction

PURCHASE

9.

Number of shares, debentures or financial

instruments relating to shares acquired

224,285

10.

Percentage of issued class acquired

0.6342%

11.

Number of shares, debentures or financial

instruments relating to shares disposed

N/A

12.

Percentage of issued class disposed 

N/A

13.

Price per share or value of transaction

£4.55

14.

Date and place of transaction

24 December 2008 - London

15.

Total holding following notification and total percentage holding following notification. 

4,659,349 13.1758%

16.

Date issuer informed of transaction

24 DECEMBER 2008

17.

Date of grant

N/A

18.

Period during which or date on which exercisable

N/A

19.

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

N/A

20.

Description of shares or debentures involved (class and number)

N/A

21.

Exercise price (if fixed at time of grant) or

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

N/A

22.

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

N/A

23.

Any additional information

N/A

24.

Name of contact and telephone number for queries 1 441 295 1309

Name of authorised official of issuer responsible for making notification

MR KEITH MIDDLETON

Date of notification 24 DECEMBER 2008