Director/PDMR Shareholding

Paddy Power plc 12 September 2006 SCHEDULE 11 Notification of Transactions of Directors/Persons Discharging Managerial Responsibility and Connected Persons All relevant boxes should be completed in block capital letters 1 Name of the Issuer 2 State whether the notification relates to: (i) a transaction notified in accordance with Market Abuse Rules; (ii) a disclosure made in accordance with section 53 (as PADDY POWER PLC extended by section 64 of the Companies Act 1990) or entered into the issuer's register in accordance with section 59 of the Companies Act 1990; or (iii) both (i) and (ii). 2 (i) 3 Name of person discharging managerial 4 State whether notification relates to a person connected with a responsibilities/director person discharging managerial responsibilities/director named in 3 and identify the connected person JOHN O'DONNELL 5 Indicate whether the notification is in respect 6 Description of shares (including class) debentures or of a holding of the person referred to in 3 or 4 derivatives or financial instruments relating to shares above or in respect of a non-beneficial interest 25,000 ORDINARY SHARES 7 Name or registered shareholder(s) and, if more 8 State the nature of the transaction than one, number of shares held by each of them JOHN O'DONNELL EXERCISE OF SHARE OPTIONS AND SALE OF SHARES 9 Number of shares, debentures or financial 10 Percentage of issued class acquired (treasury shares of that instruments relating to shares acquired class should not be taken into account when calculating percentage) 25,000 ORDINARY SHARES 0.05% 11 Number of shares, debentures or financial 12 Percentage of issued class disposed (treasury shares of that instruments relating to shares disposed class should not be taken into account when calculating percentage) 25,000 ORDINARY SHARES 0.05% 13 Price per share or value of transaction 14 Date and place of transaction €5.25 OPTION PRICE 12 SEPTEMBER 2006 DUBLIN €14.15 SALE PRICE 15 Total holding following notification and total 16 Date issuer informed of transaction percentage holding following notification (any treasury shares should not be taken into account when calculating percentage) 12 SEPTEMBER 2006 NIL If a person discharging managerial responsibilities has been granted options by the issuer, complete the following boxes: No 17 Date of grant 18 Period during which or date on which it can be exercised 19 Total amount paid (if any) for grant of 20 Description of shares or debentures involved (class and number) the option 21 Exercise price (if fixed at time of 22 Total number of shares or debentures over which options are held grant) or indication that the price is following notification to be fixed at the time of exercise 1,020 23 Any additional information 24 Name of contact and telephone number for queries UNDER THE 2004 LONG TERM INCENTIVE PLAN JOHN O'DONNELL ALSO HOLDS CONDITIONAL NUALA HUNT AWARDS ON 25,000 SHARES. 353-1-404-5927 Name and signature of authorised officer of issuer responsible for making notification ______Nuala Hunt___Company Secretary___________________________________________ Date of notification ________12 September 2006__________________________ Notes: This form is intended for use by an issuer to make a RIS notification required by (the Market Abuse Rules1 and) section 53 (as extended by section 64 of the Companies Act 1990) or entered into the issuer's register in accordance with section 59 of the Companies Act 1990. (1) An issuer making a notification in respect of a transaction relating to the shares or debentures of the issuer should complete boxes 1 to 16, 23 and 24. (2) An issuer making a notification in respect of a derivative relating to the shares of the issuer should complete boxes 1 to 4, 6, 8, 13, 14, 16, 23 and 24. (3) An issuer making a notification in respect of options granted to a director/person discharging managerial responsibilities should complete boxes 1 to 3 and 17 to 24 (4) An issuer making a notification in respect of a financial instrument relating to the shares of the issuer (other than a debenture) should complete the boxes 1 to 4, 6, 8, 9, 11, 13, 14, 16, 23 and 24. 1 Please note that the requirement to make a notification under the Market Abuse Rules does not apply until 1 October 2005. Schedule 11 may be subject to amendment prior to 1 October 2005 to bring it in line with the Financial Regulator's 'Notification of Transactions of Directors/Persons Discharging Managerial Responsibility and Connected Persons' under the Market Abuse Disclosure Rules. This information is provided by RNS The company news service from the London Stock Exchange
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