Director Shareholding

RNS Number:7908O
Innovation Group PLC
18 August 2003


                       DEALINGS BY DIRECTORS


1)  NAME OF COMPANY

     THE INNOVATION GROUP PLC

2)  NAME OF DIRECTOR

     HASSAN SADIQ
     STEPHEN SCOTT
     PAUL SMOLINSKI
     ED OSSIE
     ED OSSIE

3)  Please state whether notification indicates that it is in respect of
    holding of the shareholder named in 2 above or in respect of a
    non-beneficial interest or in the case of an individual holder
    if it is a holding of that person's spouse or children under the
    age of 18 or in respect of an non-beneficial interest

     IN RESPECT OF SHARESHOLDERS NAMED IN 2 ABOVE

4)  Name of the registered holder(s) and, if more than one holder, the
    number of shares held by each of them. (If notified)

     AS ABOVE

5)  Please state whether notification relates to a person(s) connected
    with the Director named in 2 above and identify the connected person(s)

     NO

6)  Please state the nature of the transaction. For PEP transactions
    please indicate whether general/single co PEP and if discretionary/non
    discretionary



7)  Number of shares/amount of
    stock acquired



8)   (N/A %)
    of issued Class



9)  Number of shares/amount
    of stock disposed



10)  ( N/A %)
    of issued Class



11) Class of security



12) Price per share



13) Date of transaction



14) Date company informed



15) Total holding following this notification



16) Total percentage holding of issued class following this notification



     IF A DIRECTOR HAS BEEN GRANTED OPTIONS BY THE COMPANY PLEASE
                    COMPLETE THE FOLLOWING BOXES

17) Date of grant

     18 AUGUST 2003

18) Period during which or date on which exercisable

     TWO THIRDS EXERCISABLE BETWEEN 2 AND 10 YEARS
     ONE THIRD EXERCISABLE BETWEEN 3 AND 10 YEARS.


19) Total amount paid (if any) for grant of the option

    NIL

20) Description of shares or debentures involved: class, number.

     OPTIONS OVER ORDINARY SHARES
     HASSAN SADIQ   - 1,500,000
     STEPHEN SCOTT  - 1,000,000
     PAUL SMOLINSKI - 1,500,000
     ED OSSIE  - 1,000,000


21) Exercise price (if fixed at time of grant) or indication that price
    is to be fixed at time of exercise

     13.6 PENCE

22) Total number of shares or debentures over which options held
    following this notification

     HASSAN SADIQ   - 1,500,000
     STEPHEN SCOTT  - 1,500,000
     PAUL SMOLINSKI - 1,500,000
     ED OSSIE - 4,034,320 (2,434,320 OF WHICH ARE ALREADY IN ISSUE)


23) Any additional information



24) Name of contact and telephone number for queries
     
     LAURENCE MOORSE  01489 898300


25) Name and signature of authorised company official responsible for
    making this notification


    Date of Notification   18 AUGUST 2003                                 




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


END

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