Executive Director's Grants

Galiform PLC
21 May 2007



Company Announcements Office

London Stock Exchange


21 May 2007



GALIFORM PLC - CHANGES IN THE SHARE INTERESTS OF DIRECTORS AND SENIOR
EXECUTIVES; OPERATION OF THE COMPANY'S SHARE INCENTIVE PLANS.


PART ONE - GRANTS UNDER GALIFORM PLC FOUNDATION PLAN 2007


We advise that on 18 May 2007 awards were granted by the Plan trustee to certain
executive directors and senior executives under the Company's Foundation Plan
2007, which was adopted by the Remuneration Committee on 28 February 2007.


The award to each participant comprises a grant of nil cost options. Vesting of
the nil-cost options will be dependent on the average share price over thirty
consecutive dealing days in the financial year ending 29 December 2007:


20% vesting if the average share price equals 150p
100% vesting if the average share price equals or exceeds 185p pence
(with vesting on a straight line basis between the two points).


In addition to the Share price targets, no shares will vest unless the Group
Operating Profit** for the financial year ending 29 December 2007 is equal to or
greater than £65million. In the event of a change of control before the end of
the performance period, vesting percentages will be as set out above but in this
case based on the offer price.


Whilst the awards will vest at the end of the financial year 2007, the Awards
will generally not become exercisable until the end of Deferral Period that
continues until 31 December 2009.


The details of the above grants are as set out in the following table:

                Name                  Nil Cost Options  Performance    Release
                                               granted      Period        Date
                                                            ending
        Executive directors
           Matthew Ingle                       900,000    29.12.07    31.12.09
           Gerard Hughes                       575,000    29.12.07    31.12.09
            Mark Robson                        575,000    29.12.07    31.12.09
   Persons discharging managerial
          responsibility*
           Robert Fenwick                      360,000    29.12.07    31.12.09
           David Hallett                       360,000    29.12.07    31.12.09
            Chris Youell                       360,000    29.12.07    31.12.09

* disclosure of share interests is required for these executives, being persons
  discharging managerial responsibilities, for the purposes of the Listing Rules
  of the UKLA.





PART TWO - GRANTS UNDER THE GALIFORM 2000 PERFORMANCE SHARE OPTION PLAN


We advise that on 18th May 2007, share options were granted under the
Performance Share Option Plan with an exercise price 158.50 pence per share. The
Performance Period is a three year period commencing on the date of grant.
Vesting of the options will be dependent on the average share price over thirty
consecutive dealing days in the Performance Period as follows:


20% of the option will vest if the price equals 185p
100% of the option will vest if the price equals or exceeds 265p pence
(with vesting on a straight line basis between the two points).

Provided, however, that the Option shall only be exercisable if the compound
annual growth in the Group's Operating Profit** over the three year period
commencing on the date after the last day of the financial year immediately
preceding the Date of Grant is at least 20%.

The details of the above grants are as set out in the following table:

           Name                Share Options granted    Performance   Release
                             (158.50p exercise price)                  Date
                                                          Period
                                                          ending
    Executive directors
       Matthew Ingle                        1,324,921    29.12.07    31.12.09
       Gerard Hughes                          567,823    29.12.07    31.12.09
        Mark Robson                           870,662    29.12.07    31.12.09
    Persons discharging
managerial responsibility*
      Robert Fenwick                          504,732    29.12.07    31.12.09
       David Hallett                          504,732    29.12.07    31.12.09
       Chris Youell                           504,732    29.12.07    31.12.09

* disclosure of share interests is required for these executives, being persons
  discharging managerial responsibilities, for the purposes of the Listing Rules
  of the UKLA.


**means the consolidated Operating Profit of the Company in a financial year,
  which shall have the same meanings as used in the preparation of the Company's
  audited consolidated report and accounts







PART FIVE - RESULTANT INTERESTS' OF THE EXECUTIVE DIRECTORS IN THE SHARES OF THE
COMPANY


We confirm the interests of the Executive Director's in the company as set out
below:

Name                                               Prior to above transactions
Matthew Ingle                                                        1,057,549
Gerard Hughes                                                          217,249
Mark Robson                                                                  0



PART SIX - DIRECTORS' DEEMED INTERESTS IN EMPLOYEE SHARE TRUST(S)



The directors of Galiform Plc are deemed to be interested in all of the Shares
held by the Trustee as potential beneficiaries of the Galiform Plc Employee
Share Trust (the 'Trust'). The Trust currently holds 36,202,945 (5.71% of the
issued share capital).





Enquiries should be directed to:


Fiona Laffan, Brunswick Group Ltd: 020 7404 5959







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