Director Shareholding

SMG PLC
16 September 2003


SMG plc

Company No. SC203873


The Company have been informed today, 16 September 2003, that as a result of
purchases by the SMG plc Inland Revenue Approved Share Incentive Plan (SIP) on
15 September 2003, the following directors became the beneficial owners of SMG
plc ordinary shares of 2.5 pence each:-

                                                                                          Total percentage holding of
                                    No of Shares          Total holding following this    issued class following this
Director                              Purchased                   notification                    notification

Andrew Flanagan                     128 @ £0.975                    2,584,642                        0.82%
George Watt                         128 @ £0.975                     846,091                         0.27%
Donald Emslie                       128 @ £0.975                    1,244,110                        0.40%



Additionally, as part of the Discretionary Annual Bonus Plan, SMG plc ordinary
shares of 2.5 pence each, equal to the deferred element of the bonus as per the
terms of the Discretionary Annual Bonus Plan, have been allocated for
conditional release in 2005, as follows:

                                                                                          Total percentage holding of
                                    No of Shares          Total holding following this    issued class following this
Director                              Deferred                    notification                    notification

Andrew Flanagan                    31,381 @ £0.956                  2,616,023                        0.83%
Donald Emslie                      22,947 @ £0.956                  1,267,057                        0.40%



Enquiries:

Callum Spreng - Director of Corporate Affairs
0141 300 3640


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