Director/PDMR Shareholding

RNS Number:9930Z
Highway Insurance Holdings PLC
17 March 2006


Director/PDMR Shareholding

17 March 2006

HIGHWAY INSURANCE HOLDINGS PLC

Highway Share Incentive Plan ("the Plan")

This disclosure relates to a single transaction of which notification was
received under paragraph 3.1.2. of the Disclosure Rules and, in respect of the
Directors of Highway Insurance Holdings Plc ("the Company") only, section 324 of
the Companies Act 1985.

The Plan is an all-employee Inland Revenue approved scheme, operated through
Hill Samuel ESOP Trustees Limited (the "Plan Trustees").  Under the Plan,
participating employees are able to buy ordinary shares of 20 pence each in the
Company ("Partnership Shares") using monthly deductions from salary, and to
receive free ordinary shares of 20 pence each in the Company ("Matching Shares")
on the basis of one Matching Share for each Partnership Share purchased up to a
maximum of #50 per month.  Both the Partnership Shares and the Matching Shares
are acquired by and held by the Plan Trustees.

The Company was notified on 16 March 2006 that, on 15 March 2006, the following
executive directors and persons discharging managerial responsibility ("PDMR")
of the Company became beneficially interested in the total number of ordinary
shares of 20 pence each ("Shares") in the Company, shown against his name below,
such Shares consisting of:

(a)   Partnership Shares, which were purchased by the Plan Trustees on behalf of
the Director/PDMR at a price of 82.75 pence per share;

(b)   Matching Shares, which were appointed by the Trustees of the Highway
General Employee Benefit Trust ("the EBT") to the Plan Trustees and were awarded
to the Director/PDMR as free Matching Shares under the Plan.  The EBT is a
discretionary trust established by the Company for the benefit of employees of
the Highway Group.


                                         Partnership Shares        Matching Shares       Total
Mr P N Cosh (Director)                   151                       60                    211
Mr R G Dunlop (Director)                 151                       60                    211
Mr C D Hill (Director)                   151                       60                    211
Mr I W J Patrick (Director)              151                       60                    211
Mr P M J Fraser (PDMR)                     61                      60                    121
Mr P J Gallagher (PDMR)                  151                       60                    211
Mr P J Lampshire (PDMR)                  151                       60                    211
Mr D W Murray (PDMR)                     151                       60                    211
Mr S Kilbey (PDMR)                       151                       60                    211
Mr M S Lawrence (PDMR)                   151                       60                    211


The place of the transaction was London.

The EBT now holds 3,166,501 ordinary shares of 20 pence each in the Company, in
which each executive director and PDMR, together with other employees, holds an
interest by virtue of being a potential beneficiary under the EBT.


Philip Lampshire
Company Secretary

Tel No:  01277 266308


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