Director/PDMR Shareholding

PROTEOME SCIENCES plc

("Proteome Sciences" or "the Company")

 
2 July 2007


Awards under the Company's Long Term Incentive Plan ("LTIP")


Proteome Sciences announces that the following awards of nil cost options have
been made today under the Company's LTIP, calculated at a price per ordinary
share of 49.75 pence.
 

No. of Shares

          C.D.J. Pearce                                 504,523

          J.L. Malthouse                                470,352


In accordance with the terms of the LTIP that was approved by the Company's
shareholders in August 2004, awards to the participants in the LTIP are
dependent upon the Total Shareholder Return ("TSR") (being the value of the
capital gain and reinvested dividends, if any) of the Company against its
comparator group and the underlying financial performance of the Company over a
three year period.

 
The vesting date for the above awards is 2nd July, 2010. No shares will be
released to participants unless the Company's TSR performance is in the median
position of the comparator group and full vesting only if the Company is in the
upper quartile.  30% of the award will vest if performance is at the median,
and where performance is between the 50th and 75th percentiles awards will vest
on a straight line basis.

  

Ends


 
Enquiries:

 
Proteome Sciences plc

 

James Malthouse, Finance Director

Email: [e-mail]

Tel: [phone]

 

Public Relations

 

IKON Associates                         

Adrian Shaw                             

Tel:    [phone]              

Mobile: [phone]              

Email:  [e-mail]

 

Coast Communications

Matt Baldwin

Tel:    [phone]

Mobile: [phone]              

Email:  [e-mail]

 


Nominated Adviser

Teather & Greenwood

Gareth Price / Thilo Hoffman            

Tel:    [phone]