Director Shareholding

International Greetings PLC
11 July 2003


SCHEDULE 11

NOTIFICATION OF INTERESTS OF DIRECTORS AND CONNECTED PERSONS


1. Name of company

INTERNATIONAL GREETINGS PLC


2. Name of director

MARTIN HORNUNG


3. Please state whether notification indicates that it is in respect of holding
of the shareholder named in 2 above or in respect of a non-beneficial interest
or in the case of an individual holder if it is a holding of that person's
spouse or children under the age of 18 or in respect of a non-beneficial
interest

DIRECTOR


4. Name of the registered holder(s) and, if more than one holder, the number of
shares held by each of them (if notified)



5. Please state whether notification relates to a person(s) connected with the
director named in 2 above and identify the connected person(s)

SEE 2


6. Please state the nature of the transaction. For PEP transactions please
indicate whether general/single co PEP and if discretionary/non discretionary

GRANT OF OPTIONS


7. Number of shares / amount of stock acquired



8. Percentage of issued class



9. Number of shares/amount of stock disposed



10. Percentage of issued class



11. Class of security



12. Price per share



13. Date of transaction



14. Date company informed



15. Total holding following this notification



16. Total percentage holding of issued class following this notification



If a director has been granted options by the company please complete the
following boxes.


17. Date of grant

11 JULY 2003


18. Period during which or date on which exercisable

11 JULY 2004 to 10 JULY 2010


19. Total amount paid (if any) for grant of the option

£1


20. Description of shares or debentures involved: class, number

400,000 options to subscribe for ordinary shares


21. Exercise price (if fixed at time of grant) or indication that price is to be
fixed at time of exercise

220p


22. Total number of shares or debentures over which options held following this
notification

740,000


23. Any additional information



24. Name of contact and telephone number for queries



25. Name and signature of authorised company official responsible for making
this notification

MARK COLLINI


Date of Notification

11 July 2003



SCHEDULE 11

NOTIFICATION OF INTERESTS OF DIRECTORS AND CONNECTED PERSONS


1. Name of company

INTERNATIONAL GREETINGS PLC


2. Name of director

MARK COLLINI


3. Please state whether notification indicates that it is in respect of holding
of the shareholder named in 2 above or in respect of a non-beneficial interest
or in the case of an individual holder if it is a holding of that person's
spouse or children under the age of 18 or in respect of a non-beneficial
interest

DIRECTOR


4. Name of the registered holder(s) and, if more than one holder, the number of
shares held by each of them (if notified)

5. Please state whether notification relates to a person(s) connected with the
director named in 2 above and identify the connected person(s)

SEE 2


6. Please state the nature of the transaction. For PEP transactions please
indicate whether general/single co PEP and if discretionary/non discretionary

GRANT OF OPTIONS


7. Number of shares / amount of stock acquired



8. Percentage of issued class



9. Number of shares/amount of stock disposed



10. Percentage of issued class



11. Class of security



12. Price per share



13. Date of transaction



14. Date company informed



15. Total holding following this notification



16. Total percentage holding of issued class following this notification



If a director has been granted options by the company please complete the
following boxes.


17. Date of grant

11 JULY 2003


18. Period during which or date on which exercisable

11 JULY 2004 to 10 JULY 2010


19. Total amount paid (if any) for grant of the option

£1


20. Description of shares or debentures involved: class, number

300,000 options to subscribe for ordinary shares


21. Exercise price (if fixed at time of grant) or indication that price is to be
fixed at time of exercise

220p


22. Total number of shares or debentures over which options held following this
notification

585,000


23. Any additional information



24. Name of contact and telephone number for queries



25. Name and signature of authorised company official responsible for making
this notification

MARK COLLINI


Date of Notification

11 July 2003


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