CWD.L Regulatory News (CWD)

9 September 2013

Countrywide plc

Notification of Transactions of Directors

Persons Discharging Managerial Responsibility and Connected Persons

Countrywide plc announces that on 6 September 2013, the Remuneration Committee has approved the grant of nil cost options under the Countrywide Long-Term Incentive Plan to the following directors/persons discharging managerial responsibilities:

Performance conditions, as measured over a three year period, will determine the extent to which the options will vest. In summary, the performance conditions applicable to the options are:

*Between the performance levels stated above, vesting will be on a straight line basis.

In addition, the relative TSR element will not vest unless the Remuneration Committee, in its absolute discretion, is satisfied that the Company's TSR performance over the performance period reflects the underlying performance of the Company.

These options will vest on 6 September 2016 (which is the third anniversary of the award date) and may be exercised prior to 6 September 2023.

Enquiries: Jim Clarke

07979 477299

Countrywide plc17 Duke StreetChelmsfordEssexCM1 1HPUnited Kingdom

WEBSITE: http://www.countrywide.co.uk