Director/PDMR Shareholding

31 May 2006 16:31

Formation Group PLC31 May 2006 Formation Group plc (the "Company") Director's shareholding The Company has been notified today that, on 30 May 2006, Neil Rodford disposedof 592,600 ordinary shares of 1p each in the Company ("Ordinary Shares") at 14pper share. On the same day, Neil Rodford purchased 589,200 Ordinary Shares at14.01p on behalf of his SIPP. Following these transactions, Neil Rodford is interested in 1,075,724 OrdinaryShares of the Company, representing 0.85% of the Company's current issuedordinary share capital. For further information please contact: Neil Rodford, Formation Group plc Tel: 01625 539 832 David Youngman, WH Ireland Limited Tel: 0161 832 2174 This information is provided by RNS The company news service from the London Stock Exchange