Shearwater Regulatory News (SWG)

1.

Name of the issuer

Scott Wilson Group plc

2.

State whether the notification relates to (i) a

transaction notified in accordance with DTR 3.1.2 R, 

(ii) a disclosure made in accordance 

LR 9.8.6R(1) or

(iii) a disclosure made in accordance with section 793 of the Companies Act (2006).

This relates to (i)

3.

Name of person discharging managerial

responsibilities/director

Christopher Ross Maguire Kemball

4.

State whether notification relates to a person

connected with a person discharging managerial responsibilities/director named in 3 and identify the connected person

Not applicable 

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 nonbeneficial

interest 1

In respect of person named in 3 above

6.

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

Ordinary shares of 10 pence each

7.

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

Christopher Kemball SIPP 22,000

Christopher Kemball 14,000

8.

State the nature of the transaction

Purchase of ordinary shares 

9.

Number of shares, debentures or financial

instruments relating to shares acquired

36,000 (thirty six thousand)

10.

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

Christopher Kemball SIPP 0.0297%

Christopher Kemball 0.0189%

11.

Number of shares, debentures or financial

instruments relating to shares disposed

Not applicable 

12.

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

 Not applicable 

13.

Price per share or value of transaction

20,000 shares at 93.97p per share (SIPP)

2,000 shares at 92.65p per share (SIPP)

14,000 shares at 93.97p per share

14.

Date and place of transaction

7th January 2009

London Stock Exchange

15.

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

Christopher Kemball SIPP 22,000 0.0297%

Christopher Kemball 14,000 0.0189%

16.

Date issuer informed of transaction

7th January 2009

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 the time of exercise

22.

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

23.

Any additional information

24.

Name of contact and telephone number for queries

Name of authorised official of issuer responsible for making notification: Geoffrey Redwood

Date of notification:  8th January 2009

(1)

An issuer making a notification in respect of a transaction relating to the shares or debentures of the issuer should complete boxes 1 to 16, 23 and 24.

(2)

An issuer making a notification in respect of a derivative relating the shares of the issuer should complete boxes 1 to 4, 6, 8, 13, 14, 16, 23 and 24.

(3)

An issuer making a notification in respect of options granted to a director/person discharging managerial responsibilities should complete boxes 1 to 3 and 17 to 24.

(4)

An issuer making a notification in respect of a financial instrument relating to the shares of the issuer (other than a debenture) should complete boxes 1 to 4, 6, 8, 9, 11, 13, 14, 16, 23 and 24.