Directors' Dealing

Gleeson(M J)Group PLC
15 November 2004


Gleeson Group ('the Company')


15 November 2004


Directors' Dealing



Under the Gleeson Group Long Term Incentive Plan, which has been approved by the
Inland Revenue, the Company has today granted the Directors listed below an
interest in Shares in the Company at a purchase Price of £2.15 per Share.

Director          Award Shares    Total Award    Matching Shares  Total Matching 
                  Granted         Shares Held    Granted          Shares Held

A E Collins       12,325          12,325         12,325           12,325
S J Davies        10,232          10,232         10,232           10,232
T W Massingham    10,232          10,232         10,232           10,232


The above Shares will be held in trust and will not vest until 16/11/2007.  The
Matching Shares will only vest if the performance criteria are met

No awards were made to the other Directors and there have been no previous
grants under the scheme.

The current Share Holdings of the Directors, including those held by Related
Persons, are as follows:

Director                           Shareholding
A E Collins                        32,368
S J Davies                         20,732
D J Gleeson                        866,718
C W McLellan                       102,316
T W Massingham                     5,850
A R Muncey                         17,892


The total number of shares held by the Trustees is unchanged.


                      This information is provided by RNS
            The company news service from the London Stock Exchange