Director Shareholding

RNS Number:2455R
Alpha Airports Group PLC
23 October 2003



                                  SCHEDULE 11

          NOTIFICATION OF INTERESTS OF DIRECTORS AND CONNECTED PERSONS

1. Name of company

ALPHA AIRPORTS GROUP PLC


2. Name of director

KEVIN ALLAN ABBOTT


3. Please state whether notification indicates that it is in respect of holding
of the shareholder named in 2 above or in respect of a non-beneficial interest
or in the case of an individual holder if it is a holding of that person's
spouse or children under the age of 18 or in respect of a non-beneficial
interest

AS 2 ABOVE


4. Name of the registered holder(s) and, if more than one holder, the number of
shares held by each of them (if notified)

AS 2 ABOVE


5. Please state whether notification relates to a person(s) connected with the
director named in 2 above and identify the connected person(s)


6. Please state the nature of the transaction. For PEP transactions please
indicate whether general/single co PEP and if discretionary/non discretionary

GRANT OF OPTIONS UNDER EMPLOYEE SHARE OPTION SCHEME


7. Number of shares / amount of stock acquired


8. Percentage of issued class


9. Number of shares/amount of stock disposed


10. Percentage of issued class


11. Class of security


12. Price per share


13. Date of transaction


14. Date company informed


15. Total holding following this notification


16. Total percentage holding of issued class following this notification


If a director has been granted options by the company please complete the
following boxes.

17. Date of grant

23 OCTOBER 2003


18. Period during which or date on which exercisable

23 OCTOBER 2006 - 22 OCTOBER 2013


19. Total amount paid (if any) for grant of the option

NIL


20. Description of shares or debentures involved: class, number

600 ORDINARY SHARES OF 10P EACH


21. Exercise price (if fixed at time of grant) or indication that price is to be
fixed at time of exercise

81.5p


22. Total number of shares or debentures over which options held following this
notification

1,365,972


23. Any additional information


24. Name of contact and telephone number for queries

Ms C O'Connell - 020 8580 3214


25. Name and signature of authorised company official responsible for making
this notification

Ms C O'Connell, Assistant Company Secretary


Date of Notification

23 October 2003


The FSA does not give any express or implied warranty as to the accuracy of this
document or material and does not accept any liability for error or omission.
The FSA is not liable for any damages (including, without limitation, damages
for loss of business or loss of profits) arising in contract, tort or otherwise
from the use of or inability to use this document, or any material contained in
it, or from any action or decision taken as a result of using this document or
any such material.






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