Director/PDMR Shareholding

1.

Details the person discharging managerial responsibilities / person closely associated

a)

Name

P M Williams

2.

Reason for the notification

a)

Position / status

Director

b)

Initial notification / Amendment

Initial notification

3.

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

 Derwent London plc

b)

LEI

 213800BXKQ9KZNUR1M61

4.

Details of the transaction (s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted

a)

Description of the financial instrument, type of instrument

Identification code

5p Ordinary shares in Derwent London plc

GB0002652740

b)

Nature of the transaction

Award of conditional shares under the Group's 2014 Performance Share Plan

c)

Price(s) and volume(s)

d)

Aggregated information

- Aggregated volume

- Price

30,850

£832,950

e)

Date of the transaction

20 March 2017

f)

Place of the transaction

London