Victoria Regulatory News (VCP)

Issued by Citigate Dewe Rogerson Ltd, Birmingham

Date: Wednesday, 22 December 2010

IMMEDIATE RELEASE

VICTORIA PLC

International manufacturer & distributor of carpets & floorcoverings,

supplying the mid to high end residential and contract markets in the UK and overseas

Long Term Incentive Plan ('LTIP')

On 22 December 2010, the under mentioned executive directors and other persons discharging managerial responsibilities (PDMRs) were granted market value options with an exercise price of 236.00p of ordinary shares of 25p under the Victoria PLC Long Term Incentive Plan (LTIP).

These options are exercisable between 2013 and 2020 dependent upon the satisfaction of certain performance criteria under the terms of the LTIP. The number of options was determined using a share price of 236.00p per share.

Note 1:The options have each been granted with a restriction such that they can only be exercised to the extent that the options granted to the same participant on 23 December 2008 have either lapsed or have been given up by the participant. As a participant may only exercise either the options granted in December 2008 or the options granted in December 2010 but not both the maximum number of shares that may be acquired through the exercise of options under the LTIP has not increased.