Director/PDMR Shareholding

RNS Number : 7364Z
Smith (DS) PLC
23 July 2008

DS Smith Plc (the "Company")

In pursuance of the Company's obligations underSection793 of the Companies Act 2006and Disclosure Rule 3.1.4R (i)(a), the Company hereby notifies that thefollowing Director'sshare transaction occurred on 23July 2008.

1)Mr A D Thornenotified the Company on 23July 2008that, as aresult of being granted an award under the DS Smith Deferred Share Bonus Plan(the"Bonus Plan"), he hasacquired a conditional right to receive thenumber of ordinary shares of 10p each of the Company ("Shares")set outbelow.

The award under the Bonus Plan referred to above will normally vest on thethird anniversary of the date of grant, being 23July 2011.

Date of Grant

No. of Shares

23 July 2008


2)Mr A D Thornealso notified the Company on 23July 2008that, asa result of a purchase on 23July 2008by David S Smith Employee Benefit TrustLtd as the Trustee of the David S Smith Employee Benefit Trust (the "Trust") of153,122Shares at115.26pper Share, he should now be regarded as beinginterested in the Trust's total holding of2,468,495Shares. With the exceptionoftheitem referred to in 1) above, thisinterest arisesmerely becauseMr Thorneis(together with other Group employees)apotential beneficiaryofthe Trust.

For and on behalf of DS Smith Plc

Company Official Responsible for making this notification:

Carolyn Cattermole,Company Secretary

Date of this notification: 23July 2008

This information is provided by RNS
The company news service from the London Stock Exchange