Share Options to Directors

Stagecoach Theatre Arts PLC 04 October 2006 Stagecoach Theatre Arts plc ('Stagecoach Theatre Arts' or 'the Company') Grant of Options to Directors Stagecoach Theatre Arts announces that, today, Manzoor Ishani and Richard Dawson, directors of the Company, were each granted options over 100,000 ordinary shares of 5p per share in Stagecoach Theatre Arts ('Ordinary Shares') at an exercise price of 32.5p per Ordinary Share, being the mid-market closing price on 3 October 2006. The options are exercisable after 31 May 2007 but within 10 years of the date of grant and are subject to certain performance criteria relating to improvements in the earnings per share of the Company. These options will not be treated as qualifying options under the terms of Schedule 5 of the Income Tax ( Employment and Pensions ) Act 2003. Following the grant of these options, Mr Ishani and Mr Dawson hold options over 244,444 and 247,786 Ordinary Shares, respectively. The options have been granted in lieu of their annual bonus entitlements for the year ending 31 May 2007. Enquiries: Stagecoach Theatre Arts Tel 01932 254 333 David Sprigg, Joint Managing Director Richard Dawson, Finance Director Smith & Williamson Corporate Finance Limited Tel 020 7131 4000 Robert Kidson JB Public Relations Tel 01629 825 777 John Burley This information is provided by RNS The company news service from the London Stock Exchange
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