Share Option Announcement

Diagonal PLC
11 March 2004


11 March 2004


DIAGONAL PLC ('Diagonal' or the 'Company')

Share options were granted on 10 March 2004 to the Company's executive directors
as follows:-

Colin Burnside has been granted 104,348 options under the Company's Executive
Share Option Scheme ('ESOS') and 208,695 options under the Company's Long Term
Incentive Plan ('LTIP').  Following the grant, Mr Burnside now holds options
over a total of 313,043 shares in the Company.

Martin Andrews has been granted 86,957 options under the ESOS and 173,913
options under the LTIP.  Following the grant, Mr Andrews now holds options over
a total of 260,870 shares in the Company.

Christine Chittock has been granted 136,957 options under the ESOS and 173,913
options under the LTIP.  In addition, as of yesterday, she has surrendered all
200,000 options previously granted to her under the ESOS.  Following the grant
and surrender, Ms Chittock now holds options over a total of 496,715 shares in
the Company.

The options granted yesterday are all over 10p ordinary shares and may, under
normal circumstances, be exercised during the period 11 March 2007 to 10 March
2014.  No payment was made for grant of the options.  The exercise price of the
options granted under the ESOS is 57.5 pence per share.  The exercise price of
the options granted under the LTIP is nil but the number of options that can
ordinarily be exercised will depend on the extent to which the Company has met
certain performance criteria based on the growth in the Company's earnings per
share over the three years ending 30 November 2006.

The Company has also made additional grants of options to senior management and
employees under the ESOP and the LTIP.


Enquiries

Ian Farrelly                                   _________________________
Group Solicitor and Company Secretary          Martin Andrews
Diagonal PLC                                   Finance Director
Tel:  [phone]


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