Director/PDMR Shareholding

    RNS Number : 3070H
  Griffin Group PLC
  03 November 2008
   

    GRIFFIN GROUP PLC (THE "COMPANY")

    DIRECTOR/PDMR DEALING


    Pursuant to the Financial Services Authority's Disclosure and Transparency Rules on 3 November 2008 the Company received the following
notifications:-

    NOTIFICATION 1

    On 31 October 2008, Global Investments Limited (a substantial shareholder of the Company as defined by the AIM Rules and a company in
which Stephen Dean, a director of the Company, has a discretionary beneficial interest) sold 23,250,000 shares at a price of 0.5p per
share.

    Subsequent to the sale Stephen Dean has an interest in 42,900,000 ordinary shares representing approximately 39.3 per cent. of the
issued share capital of the Company of which 32,900,000 are hold by Global Investments Limited and 10,000,000 ordinary shares are held
through his self invested personal pension fund.

    NOTIFICATION 2

    On 31 October 2008, Vince Nicholls (a director of the Company) bought 20,000,000 shares at a price of 0.5p per share.

    Subsequent to the purchase Vince Nicholls has an interest in 32,500,000 ordinary shares representing approximately 29.8 per cent. of the
issued share capital of the Company.

    The issued share capital of the Company is 109,191,573 ordinary shares of 0.1p per share.


    For further information contact:

 Stephen Dean, Chairman            Griffin Group plc             01732 836 180
 Vincent Nicholls, Finance
 Director

 James Caithie/Aaron Smyth,        Dowgate Capital Advisers Ltd  020 7492 4777
 Nominated Adviser

    Further information can be found on the Company's website, www.griffingroupplc.co.uk/investorrelations.



This information is provided by RNS
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