Director/PDMR Shareholding

Stagecoach Theatre Arts plc ("Stagecoach Theatre Arts" or "the Company") Directors' Dealings Stagecoach Theatre Arts (AIM: STA) announces that the Company has issued 43,010 options ("the Options") over Stagecoach ordinary shares of 5p each ("Ordinary Shares") to each of Richard Dawson and Manzoor Ishani, directors of the Company, on 29 January 2009. The Options have an exercise price of 46.5 pence per Ordinary Share, being the mid-market closing price on 29 January 2009. The Options, which were issued pursuant to the Company's Executive Management Incentive scheme, are subject to Earnings per Share performance criteria and must be exercised or will lapse within 10 years of the date of issue. Following the grant of the Options, Mr Dawson and Mr Ishani having the following interests in the Company: Director Number of Percentage Number of Ordinary of Issued Options Shares Share Capital Richard Dawson 117,812 1.19% 290,796 Mansoor Ishani 13,763 0.14% 287,454 3 February 2009 Enquiries: Stagecoach Theatre Arts Tel 01932 254 333 Richard Dawson, Finance Director & Investor Relations Smith & Williamson Corporate Finance Limited Tel 020 7131 4000 David Jones / Siobhan Sergeant Adventis Financial PR Tel 020 7034 4758 Tarquin Edwards 07879 458 364
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