Director Shareholding-Rplcmnt

RNS Number:9356H
Stagecoach Theatre Arts PLC 
25 February 2003

This announcement replaces the Directors' Dealings announcement released on the
RNS system under RNS No 6256H on 18 February,2002 at 10.07am. An addition has 
been made to include the price paid by the Directors. The full announcement text 
appears below.


                          Stagecoach Theatre Arts plc


                              Directors' Dealings

Stagecoach Theatre Arts plc ("Stagecoach" or the "Company") was informed on 17
February, 2003 that the following Directors of Stagecoach had on that day bought
ordinary shares of 5p each in the Company ("Ordinary Shares") as set out below:

Name                    No of shares      Price      % of issued Ordinary     Number of Ordinary   % of Ordinary Shares
                          acquirred                 Share capital acquired  Shares held following   held following this
                                           (p)                                this notification        notification

Stephanie Manuel           10,000           80               0.1                  3,007,7002               31.0

David Sprigg               10,000           80               0.1                  3,007,7002               31.0

Julian Paul                10,000           80               0.1                    10,000                  0.1

Notes:

 1. Stephanie Manuel and David Sprigg are considered by the Panel on Takeovers
    and Mergers to be a close "concert party".
 2. These holdings exclude a total of 100,459 Ordinary Shares held by the
    Stagecoach Charitable Trust. As trustees they are deemed to have a non
    beneficial interest in this holding.

In addition to the above, Richard Dawson, the finance director of the Company,
exercised an option on 17 February, 2003 to acquire 2,000 Ordinary Shares at a
price of 42p each. This holding represents Richard Dawson's only beneficial
holding save for his remaining option to acquire 236,931 Ordinary Shares at a
price of 42p each.

The Company will apply for the resulting Ordinary Shares to be admitted to
trading on the Alternative Investment Market and admission is expected to take
place on 24 February, 2003.


                      This information is provided by RNS
            The company news service from the London Stock Exchange
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