Derwent London Regulatory News (DLN)

1

Name of Issuer

Derwent London Plc

2

State whether notification relates to (i) a transaction notified in accordance with DR 3.1.4R (1)(a); or (ii) DR 3.1.4R(1)(b) a disclosure made in accordance with s324 (as extended by s328) of the Companies Act 1985; or (iii) both (i) and (ii)

Notification in accordance with DR 3.1.4R (1)(a)

3

Name of person discharging managerial responsibilities / director

C J Odom

4

State whether notification relates to a person connected with a person discharging managerial responsibilities / director named in 3 and identify the connected person

Named in 3

5

Indicate whether the notification is in respect of a holding of the person referred to in 3 or 4 above or in respect of a non-beneficial interest

Named in 3

6

Description of shares (including class), debentures or derivatives or financial instruments relating to shares

Ordinary 5p shares

7

Name of the registered shareholders and, if more than one, the number of shares held by each of them

Named in 3

8

State the nature of the transaction

Vesting of LTIP award

9

Number of shares, debentures or financial instruments relating to shares acquired

16,726

10

Percentage of issued class acquired (treasury shares of that class should not be taken into account when calculating percentage)

0.02%

11

Number of shares, debentures or financial instruments relating to shares disposed

12

Percentage of issued class disposed (treasury shares of that class should not be taken into account when calculating percentage)

13

Price per share or value of transaction

£NIL

14

Date and place of transaction

25th June, 2008. London.

15

Total holding following this notification and total percentage holding following notification (any treasury shares should not be taken into account when calculating percentage)

41,867

0.042%

16

Date issuer informed of transaction

26th June, 2008

If a person discharging managerial responsibilities/director has been granted options by the issuer please complete the following boxes

17

Date of grant

18

Period during which or date on which exercisable

19

Total amount paid (if any) for grant of the option

20

Description of shares or debentures involved (class and number)

21

Exercise price (if fixed at time of grant) or indication that price is to be fixed at time of exercise

22

Total number of shares or debentures over which options held following this notification

23

Any additional information

24

Name of contact and telephone number for queries

T J Kite T: 020 7659 3000

Name and signature of duly authorised officer of issuer responsible for making notification.

……………………………. Date of notification 30th June, 2008

T J Kite