Xaar Regulatory News (XAR)

1.

Name of the issuer

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).

Xaar Plc

DR 3.1.4R (1) (a)

3.

Name of person discharging managerial

responsibilities/director

4.

State whether notification relates to a person

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

Ian Dinwoodie

Phil Eaves

Greg Lockett

Andrew Taylor

Ramon Borrell

As 3 

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

6.

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

As 3

Ordinary shares of 10p each

7.

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

8.

State the nature of the transaction

Ian Dinwoodie

Phil Eaves

Greg Lockett

Andrew Taylor

Ramon Borrell

Award of shares under the Xaar Plc 2007 Long Term Incentive Plan

9.

Number of shares, debentures or financial

instruments relating to shares acquired

10.

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

Ian Dinwoodie - 170,900 shares

Phil Eaves - 107,159 shares

Greg Lockett - 70,207 shares

Andrew Taylor - 62,817 shares

Ramon Borrell - 84,988 shares

11.

Number of shares, debentures or financial

instruments relating to shares disposed

12.

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

N/A

N/A

13.

Price per share or value of transaction

14.

Date and place of transaction

N/A

21 August 2008, Cambridge, UK

15.

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

16.

Date issuer informed of transaction

Total number of shares held under the Xaar plc 2007 Long-Term Incentive Plan following this grant: 

Ian Dinwoodie - 238,177 shares

Phil Eaves - 160,159 shares

Greg Lockett - 98,707 shares

Andrew Taylor - 82,817 shares

Ramon Borrell - 139,988 shares

21 August 2008

17.

Date of grant

18.

Period during which or date on which exercisable

3 years from date of grant, subject to the meeting of performance criteria as per the scheme rules

19.

Total amount paid (if any) for grant of the option

20.

Description of shares or debentures involved (class and number)

Nil

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

N/A

N/A

23.

Any additional information

24.

Name of contact and telephone number for queries

Andrew Taylor - Finance Director01223 423 663 

Name of authorised official of issuer responsible for making notification: Andrew Taylor

Date of notification:  28 August 2008