Director/PDMR Shareholding

RNS Number:8406H
Highway Insurance Holdings PLC
18 August 2006


                         HIGHWAY INSURANCE HOLDINGS PLC


Director/PDMR Shareholding


18 August 2006


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 17 August 2006 that, on 15 August 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 72 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              173                         69                        242
Mr C D Hill (Director)             174                         69                        243
Mr P M J Fraser (PDMR)               69                        69                        138
Mr P J Gallagher (PDMR)            174                         69                        243
Mr S Kilbey (PDMR)                 174                         69                        243
Mr P J Lampshire (PDMR)            174                         69                        243
Mr M S Lawrence (PDMR)             174                         69                        243
Mr D W Murray (PDMR)               174                         69                        243


The place of the transaction was London.

The EBT now holds 3,137,422 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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