Interserve Regulatory News (IRV)

Interserve Plc

Notification of Transactions of Directors/

Persons Discharging Managerial Responsibility and Connected Persons

Pursuant to Disclosure and Transparency Rule 3.1.4R, Interserve Plc (the "Company") announces that, on 5 April 2016, the Company granted an Award under the Interserve Performance Share Plan 2015 (in the form of nil-cost options), to each of the following Executive Directors/Persons Discharging Managerial Responsibilities ("PDMRs"), to acquire ordinary shares of 10p each in the Company ("Shares"), up to the maximum numbers shown below:-

*Includes the proportion of the 2013 PSP Awards detailed in column 3 that will lapse on 9 April 2016 due to performance conditions not being satisfied in full.

The Awards will normally vest on or after the third anniversary of the date of grant subject to the fulfilment of certain performance conditions based on earnings per share and total shareholder return and are subject to recovery and withholding provisions. No consideration is payable on the grant or the vesting of the Awards which must be exercised within two years of vesting. The Awards granted to the Executive Directors are subject to a two-year holding period after vesting.

6 April 2016

Trevor Bradbury

Group Secretary

Tel: 0118 932 0123