Grant of Share Incentives

Mavinwood PLC
25 April 2007


                                 Mavinwood plc

                     Grant of Share Incentives to Directors


The Board of Mavinwood plc announces that the following grants of share
incentives over the Company's ordinary shares of 0.1 pence each were made today
to the undermentioned Directors.

The share incentives were awarded under the Mavinwood plc Long Term Incentive
Plan - ('LTIP').

Director                 Scheme        No. of shares       Exercise Price                Total number of
                                                                                  LTIPs held following notification

Philip Reid              LTIP            500,000            0.1p                          3,500,000

Kevin Mahoney            LTIP          2,000,000            0.1p                         19,685,000

Mike Vincent             LTIP          3,000,000            0.1p                         18,065,000

John Minton              LTIP            500,000            0.1p                          2,000,000

Steve Watkins            LTIP          1,500,000            0.1p                          2,500,000

The exercise period in respect of grants under the LTIP scheme is from 25th
April 2010 to 25th April 2017, subject to satisfaction of either of the
applicable performance criteria which relate to earnings per share growth and
Total Shareholder Return (TSR).

The first test is that the average annual compound growth in EPS exceeds 16% in
the 3 year periods ending 31 December 2008, 2009 and 2010.

The second test is based on TSR (that is share price growth plus re-invested
dividends) measured over the periods commencing 25th April 2007 as shown in the
table below

Years following award        TSR

                   3         70%
                   4         85%
                   5        100%

TSR shall be measured using the average share price over 20 consecutive days
prior to the anniversary following award and comparing this with 18.5p. The
closing mid-market price on 24th April was 18.5p.



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