Director Shareholding

SMG PLC
17 January 2005


SMG plc
Company No. SC203873

The Company have been informed today, that the following number of Ordinary
Shares of 2.5 pence each were purchased through the Company's Dividend
Reinvestment Plan for the following directors:-

Director       No of shares  Price per    Date of       Total       Total %age
                purchased      share      Purchase     holding      holding of
                                                      following    issued class
                                                         this     following this
                                                     notification  notification

Donald Emslie      527*       £1.045      06.01.05    1,430,551      0.4552%
                   38**       £1.0425     12.01.05

Andrew Flanagan    835*       £1.045      06.01.05    2,831,489      0.9009%
                   38**       £1.0425     12.01.05

George Watt        387*       £1.045      06.01.05     980,269       0.3119%
                   38**       £1.0425     12.01.05

Allan Shiach       104        £1.045      06.01.05      11,137       0.0035%

* personal shareholding
** SIP holding

Separate to the above purchases, the Company has also been informed today that
as a result of purchases by the SMG plc Inland Revenue Approved Share Incentive
Plan (SIP) on 12 January 2004, the following directors became the beneficial
owners of SMG plc ordinary shares of 2.5 pence each:-

Director       No of shares  Price per    Date of       Total       Total %age
                purchased      share      Purchase     holding      holding of
                                                      following    issued class
                                                         this     following this
                                                     notification  notification

Donald Emslie      120        £1.0425     12.01.05    1,430,671      0.4552%

Andrew Flanagan    120        £1.0425     12.01.05    2,831,609      0.9009%

George Watt        120        £1.0425     12.01.05     980,389       0.3119%



Enquiries:

Sara Clarke - Company Secretary
0141 300 3074




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