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SThree plc (STHR)

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Thursday 28 September, 2006

SThree plc

Exercise of Options

SThree plc
28 September 2006

Not for release, publication or distribution in whole or in part in or into the
United States, Australia, Canada or Japan



28 September 2006


                                   SThree plc
   Exercise of Options, Gifts pursuant to the Share Gift Plan and Share Sale


SThree plc ('SThree' or the 'Company') announces today that two of the Company's
senior management, Gary Goldsmith and Tim Lloyd, have exercised personal options
granted to them prior to the Company's IPO by Simon Arber and William Bottriell,
the founders of SThree as follows:

                                 Number of options             Option price
Gary Christopher Goldsmith               1,700,000                  0.0002p
Timothy Alwyn Lloyd                      1,100,000                  0.0002p


In addition, another employee has exercised personal options over 156,117 shares
in the Company ('Shares').  These options were satisfied by Shares currently
owned by Simon Arber and William Bottriell.  As a result of the exercise of
these options, Messrs. Arber and Bottriell hold 13,760,200 and 16,765,889
Shares, representing 10.0% and 12.2% of the issued share capital, respectively.


SThree also announces that 148 employees received gifts of Shares under the
terms of the SThree Share Gift Plan, details of which appear on Page 77 of the
IPO Prospectus dated 11 November 2005, totalling 4,729,783 Shares.  These
included a gift of 3,840 Shares to Ian Colletts.


Following the above, employees are today selling 6,864,370 Shares through UBS
Investment Bank.  Of these, Gary Goldsmith is selling 1,700,000 Shares, Tim
Lloyd is selling 1,100,000 Shares and Ian Colletts is selling 3,840 Shares.  The
price at which the sale is completed will be announced in due course.




Enquiries:



Ian Colletts
Company Secretary
020 7292 3838



This announcement has been issued by the Company and is the sole responsibility
of the Company.



This announcement is for information purposes only and does not constitute or
form part of an offer or invitation to acquire or dispose of any securities of
the Company, or constitute a solicitation of any offer to purchase or subscribe
for securities in any jurisdiction, including the United States, Canada,
Australia or Japan. The Company's shares have not been, and will not be,
registered under the United States Securities Act of 1933, as amended, or under
the securities legislation of any state of the United States.



The Company's shares may not, directly or indirectly, be offered or sold within
the United States, Canada, Australia or Japan or offered or sold to a resident
of Canada, Australia or Japan. New Star Shares have not been, and will not be,
registered under the United States Securities Act of 1933, as amended, and may
not be offered or sold in the United States absent registration or an exemption
from registration. No public offering of securities is being made in the United
States.



This announcement is not for publication or distribution to persons in the
United States of America, its territories or possessions or to any US person
(within the meaning of Regulation S under the US Securities Act of 1933, as
amended). Neither this announcement nor any copy of it may be taken or
transmitted into Australia, Canada or Japan or to Canadian persons or to any
securities analyst or other person in any of those jurisdictions. Any failure to
comply with this restriction may constitute a violation of United States,
Australian, Canadian or Japanese securities law. The distribution of this
announcement in certain other jurisdictions may be restricted by law and persons
into whose possession this announcement comes should inform themselves about,
and observe, any such restrictions.



This announcement and any offer of securities to which it relates are only
addressed to and directed at persons who are (1) qualified investors within the
meaning of directive 2003/71/ec and any relevant implementing measures (the
'prospectus directive') and (2) who have professional experience in matters
relating to investments who fall within article 19(1) of the Financial Services
and Markets Act 2000 (Financial Promotion) Order 2005 (the 'Order') or are
persons falling within article 49(2)(a) to (d) ('High Net Worth Companies,
Unincorporated Associations, etc') of the Order (all such persons together being
referred to as 'relevant persons'). The information regarding the Sale set out
in this announcement must not be acted on or relied on by persons who are not
relevant persons. Any investment or investment activity to which this
announcement relates is available only to relevant persons and will be engaged
in only with relevant persons.



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