Director/PDMR Shareholding

27 Mar 2008 10:33

Melrose Resources PLC27 March 2008 Immediate Release 27 March 2008 Melrose Resources plc Director/PDMR shareholding Melrose Resources plc ("the Company") announces that it received notification on26 March 2008 of the following changes in Director/PDMR shareholdings as aresult of the exercise of share options on 25 March 2008 under the MelroseResources plc Unapproved Share Option Scheme and the subsequent sale of shareson the same day. The options were due to expire on 4 April 2008. -----------------------------------------------------------------------------Ordinary shares At 24 March % Purchased/ At 25 March % 2008 2008 No. (sold) No.-----------------------------------------------------------------------------J M M Sutherland,Finance Director 575,000 0.52 28,808 575,000 0.52 (28,808)-----------------------------------------------------------------------------M J Corjay, 116,091 0.11 47,130 136,091 0.12Manager, Melrose USA (27,130)----------------------------------------------------------------------------- Share options At 24 March % Exercised At 25 March % 2008 2008 No. No.-----------------------------------------------------------------------------J M M Sutherland,Finance Director 352,879 n/a 324,071 n/a-----------------------------------------------------------------------------M J Corjay, 191,658 n/a (47,130) 144,528 n/aManager, Melrose USA----------------------------------------------------------------------------- In total 28,808 share options were exercised by Mr Sutherland at a price of 78pence per share. Mr Sutherland subsequently sold 28,808 Ordinary Shares on 25March 2008 at a price of 338.25 pence per share. Mr Corjay exercised 47,130share options at a price of 78 pence per share. Mr Corjay subsequently sold27,130 Ordinary Shares on 25 March 2008 at a price of 338.25 per share. Notes: (1) No further share options were exercised by employees under the Melrose Resources plc Unapproved Share Option Scheme. (2) Following the exercise of these share options and the issue of new ordinary shares the Company has 110,048,829 Ordinary Shares in issue. For further information please contact Melrose Resources plc Alasdair Robinson, Company Secretary 0131 221 3360 Buchanan Communications LimitedBen Willey, Ben Romney 0207 466 5000 or visit www.melroseresources.com This information is provided by RNS The company news service from the London Stock Exchange