Director Shareholding

SMG PLC
10 September 2004


SMG plc

Company No. SC203873

The Company has been informed today, 10 September 2004, that the following
non-executive directors increased their interests in SMG plc ordinary shares of
2.5p on Thursday 9 September 2004. The purchases institute part of the
non-executive directors' remuneration.

Director            No of     No of Shares   Price per     Total     Total percentage
                   Shares    purchased as a    share      holding    holding of issued
                  Purchased   percentage of              following    class following
                              issued class                  this     this notification
                                                        notification

Chris Masters       3,284       0.00104%       £0.975      3,284         0.00104%
David Dunn          1,606       0.00051%       £0.975      2,933         0.00093%
Calum MacLeod       3,032       0.00096%       £0.975     835,724        0.26591%
Steve Maine         1,562       0.00050%       £0.975      10,530        0.00335%
Allan Shiach        1,562       0.00050%       £0.975      10,794        0.00343%
Donald Waters       2,128       0.00068%       £0.975     406,695        0.12940%

Separate to the above purchases, the Company has also been informed today that
on 27 August 2004, the following number of Ordinary Shares of 2.5p each were
purchased through the Company's Dividend Reinvestment Plan for the following
directors:-

Director            No of     No of Shares   Price per     Total     Total percentage
                   Shares    purchased as a    share      holding    holding of issued
                  Purchased   percentage of              following    class following
                              issued class                  this     this notification
                                                        notification

Donald Emslie       1,412       0.00045%       £0.95     1,522,656       0.48447%
Andrew Flanagan     2,240       0.00071%       £0.95     3,007,800       0.95700%
Allan Shiach         239        0.00008%       £0.95       11,033        0.00351%
George Watt         1,036       0.00033%       £0.95      979,255        0.31157%

Enquiries:

Sara Clarke - Company Secretary
0141 300 3074



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