Dunelm Regulatory News (DNLM)

14 October 2011

DUNELM GROUP plc

NOTIFICATION OF TRANSACTIONS OF DIRECTORS/PERSONS EXERCISING MANAGERIAL RESPONSIBILITY AND CONNECTED PERSONS

Dunelm Group plc (the "Company") has been notified of the following dealings in the Company's shares by its directors and their connected persons: 

Will Adderley

On 11 October 2011, Will Adderley transferred 259,459 ordinary shares of 1 pence each to his Wife, Nadine Adderley, for nil consideration.

On 13 October 2011, Will Adderley exercised nil cost options under the Company's Long Term Incentive Plan over 259,459 ordinary shares of 1 pence each. 

Following the transactions set out above, Mr Adderley is beneficially interested in 70,203,398 ordinary shares of 1 pence each in the Company, 34.8% of the Company's issued ordinary share capital, including 2,543,398 ordinary shares held by his wife, Nadine Adderley. 

Mr Adderley is also deemed to hold a legal interest in 167,250 ordinary shares of 1 pence each in the Company which are held by The Leicester Foundation, a private charitable trust of which he and his wife are the trustees; and in 172,750 ordinary shares of 1 pence each in the Paddocks Trust, a private family trust of which he and his wife are the trustees but not beneficiaries.

David Stead 

On 13 October 2011, David Stead, the Finance Director, exercised nil cost options under the Company's Long Term Incentive Plan over 178,378 ordinary shares of 1 pence each. Mr Stead has sold 90,000 ordinary shares of 1 pence each at a price of 465.1p per share, to fund his tax and national insurance liability in respect of the exercise of the options. Mr Stead has then transferred 88,378 ordinary shares of 1 pence each to his wife, Jane Stead, for nil consideration. 

Following the transactions set out above, Mr Stead is beneficially interested in 617,716 ordinary shares of 1 pence each in the Company, 0.3% of the Company's issued ordinary share capital.

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