Director Shareholding

SMG PLC
15 November 2004



SMG plc
Company No. SC203873

The Company have been informed today, 15 November 2004, that as a result of
purchases by the SMG plc Inland Revenue Approved Share Incentive Plan (SIP) on
12 October 2004 and 15 November, the following directors became the beneficial
owners of SMG plc ordinary shares of 2.5 pence each:-


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

Donald Emslie      115 @ £1.09      12.10.04      1,429,711          0.45%
                   108 @ £1.155     15.11.04      1,429,819


Andrew Flanagan    115 @ £1.09      12.10.04      2,830,341          0.93%
                   108 @ £1.155     15.11.04      2,830,449


George Watt        115 @ £1.09      12.10.04       979,569           0.31%
                   108 @ £1.155     15.11.04       979,677




Enquiries:

Sara Clarke - Company Secretary
0141 300 3074




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