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National Express (NEX)

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Wednesday 30 April, 2003

National Express

Director Shareholding

National Express Group PLC
30 April 2003

The Company has been informed that on 30 April 2003, the Trustee of the National
Express Group Qualifying Employee Share Trust transferred 4,409 ordinary shares
at £4.27 to satisfy the exercise of options under the National Express Group
1992 Savings Related Share Scheme.  Following these transfers, the National
Express Group Qualifying Employee Share Trust holds a total interest in the
Company of 465,803 shares.  As all employees of the Company and its subsidiaries
are potential beneficiaries under the Trust on an equal basis, the executive
directors of the Company, Messrs P M White, R O'Toole and A C Walker, in their
capacity as members of the class of potential beneficiaries under the Trust, are
deemed to have an interest in these shares pursuant to the Companies Act 1985.




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