Director/PDMR Shareholding

Chesnara plc

Director Shareholding

The Company has received notification from Terry Marris, a Non Executive Director, of two transactions in his shareholdings.

The first, that on the 6 April 2011 he sold 4,239 Ordinary 5p shares, at a price of 252.00p, that he held directly, representing 0.004% of the shares in issue and immediately repurchased 4,195 shares in his ISA, representing 0.004% of the shares in issue at a price of 252.70p. The difference in shares is accounted for by a sale of shares to cover the transaction fees incurred.

The second, that on the 14 October 2011 he sold 5,162 Ordinary 5p shares, at a price of 193.75p, that he held directly, representing 0.004% of the shares in issue and immediately repurchased 5,113 shares in his Self Invested Personal Pension, representing 0.004% of the shares in issue at a price of 194.35p. The difference in shares is accounted for by a sale of shares to cover the transaction fees incurred.

Following these transactions, Terry Marris' holding is 56,612 Ordinary 5p shares, representing 0.049% of the shares in issue.

The notification was received on the 13 February 2012.

For further information please contact:

Graham Kettleborough, Chief Executive +44 (0) 1772 840001