Director/PDMR Shareholding

Grainger Trust PLC
05 October 2005


Directors Shareholdings

The company was notified on 4 October 2005 that the following shares have been
purchased for the respective Directors.

The shares which were purchased under the Company's SIP are registered in the
name of Capita IRG.

The price per 5p ordinary share was £4.59.

Director                            Number of     Total holding             Total percentage
                              shares acquired    following this            holding of issued
                                                   notification        shares following this
                                                                                notification

Rupert Dickinson                           81         1,459,677                        1.13%

Stephen Dickinson                          81         6,194,062                        4.79%

Andrew Cunningham                          81           371,351                        0.29%


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