Director/PDMR Shareholding

RNS Number:5476J
Local Radio Company PLC (The)
10 December 2007



Local Radio Company PLC (The) - Director/PDMR Shareholding



10 December 2007



The Local Radio Company plc

Grant of options

The Local Radio Company plc announces that on 10 December 2007, options over
ordinary shares of 4p each were granted to the following directors for nil
consideration:

Name                Shares under   Exercise price     Date from   Expiry date   Total number of
                          option              (p)         which               shares over which
                                                    exercisable                 options are now
                                                                                           held

Richard Wheatly          580,000             0.23    10/12/2010    09/12/2017         1,412,317

Alistair Mackenzie       400,000             0.23    10/12/2010    09/12/2017         1,022,964


The following performance conditions are attached to the options:

In relation to the option price at time of grant, the average share price over
the two month period preceding the vesting date must have increased over the
three year period by 15% per annum on a compound basis.


Enquiries:

Alistair Mackenzie      01494 435264
Finance Director


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