Director Shareholding

Big Yellow Group PLC
15 May 2002

Big Yellow Group Plc

Directors shareholdings

15 May 2002


The Company announces today that it has granted the following share options
under the Big Yellow Group Plc Approved Share Option Plan and Big Yellow Group
PLC 2000 Unapproved Share Option Plan to Directors of the Company in respect of
1,263,000 Ordinary Shares of 10 pence each as follows:

Big Yellow Group PLC - Approved Share Option Plan

Director                Date of grant           Exercise Price          Exercise Period         Number of shares

Nicholas Vetch          15.05.02                102 pence               15.05.05 - 14..05.12    29,411

Philip Burks            15.05.02                102 pence               15.05.05 - 14..05.12    29,411

James Gibson            15.05.02                102 pence               15.05.05 - 14..05.12    29,411

Adrian Lee              15.05.02                102 pence               15.05.05 - 14..05.12    29,411

Stephen Homer           15.05.02                102 pence               15.05.05 - 14..05.12    29,411




Big Yellow Group PLC - Unapproved Share Option Plan

Director                Date of grant           Exercise Price          Exercise Period         Number of shares

Nicholas Vetch          15.05.02                102 pence               15.05.05 - 14..05.12    270,589

Philip Burks            15.05.02                102 pence               15.05.05 - 14..05.12    238,589

James Gibson            15.05.02                102 pence               15.05.05 - 14..05.12    238,589

Adrian Lee              15.05.02                102 pence               15.05.05 - 14..05.12    191,589

Stephen Homer           15.05.02                102 pence               15.05.05 - 14..05.12    176,589



The options were granted for nil consideration .

For further information please contact Nicholas Vetch, Chief Executive or James
Gibson, Finance Director, of Big Yellow Group Plc on 01276 470190


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