Morgan Sindall Group Regulatory News (MGNS)

MORGAN SINDALL plc

(the "Company")

Notification of Transactions by Directors

Awards under the Morgan Sindall Executive Remuneration Plan

On 17 March 2010, directors of the Company were granted options and/or conditional share awards over ordinary shares of 5p each in the capital of the Company ("shares") under the Morgan Sindall Executive Remuneration Plan 2005 ("the Plan"). Under the Plan the directors were allowed to choose between receiving either conditional share awards or options or a mixture of both.

Details of the directors and the number of shares under option and/or conditional share awards granted to them under the Plan are set out below:

The exercise price for the above options is £5.55 per share. Subject to the satisfaction of an earnings per share performance condition, options will normally be exercisable for a period of 7 years from 17 March 2013. No consideration was paid for the grant of the options.

Conditional share awards do not have an exercise price and will normally vest on 17 March 2013 being the third anniversary of the date of grant, subject to continued employment with the Company and the satisfaction of an earnings per share performance condition.

No consideration was paid for the grant of the awards.

Following the granting of the above options and conditional share awards under the Plan these directors maintain the following beneficial interests in the issued share capital of the Company:

This notification relates to transactions notified in accordance with both Disclosure Rule 3.1.4R (1) (a) and Disclosure Rule 3.1.4R (1) (c).

Contact:

Mary Nettleship Tel: 020 7307 9218

Company Secretary

18 March 2010