Directors' Interests and
Interests of Persons Discharging Managerial Responsibilities

Options were granted on 26 June 2014 under the Company's Sharesave Plan to eligible employees including the following Directors and PDMR's:

Directors
Number of shares over which option is granted
Date of Grant
Period during which or date on which it can be exercised
Exercise price
Total number of shares over which options held following this notification*
Alistair Darby
5,487
26-Jun-14
328p
619,567
Tim Jones
2,743
26-Jun-14
328p
356,988
PDMRs
Susan Martindale
2,743
26-Jun-14
328p
167,621
Greg McMahon
5,487
26-Jun-14
328p
105,363

* Maximum number.

Denise Burton

Deputy Company Secretary

0121 498 6514