Hargreaves Lansdown plc ("the Company") 

DIRECTOR / PDMR Shareholding 

The following amendment has been made to the disclosure of Ian Gorham's deferred bonus share award in the "PDMR Shareholding" announcement released on 3^rd October 2014 under RNS 4621T.

Notification of Transaction of Directors, Persons Discharging Managerial Responsibility ("PDMR") or Connected Persons in accordance with Disclosure Rules 3.1.4R(1)(a). 

LONG TERM INCENTIVE PLAN

The Company announces that the following Directors and PDMRs were conditionally awarded  ordinary shares of 0.4p each in the Company which were granted on 2^nd October 2014 under the Hargreaves Lansdown Unapproved Share Option Plan 2012 ("the Plan").

The awards have an exercise price of 931.75 pence per share and will vest (in proportion that the performance criteria have been achieved) on the date on which the Remuneration Committee determine the performance conditions have been met, which shall be no later than three months following the approval of the accounts for year ended 30 June 2017. 

The options may then be exercised at the Director/ PDMR's discretion until 2^nd October 2020 (being the 6^th anniversary of the date of grant of the award).  To the extent the performance conditions are not met, the options shall lapse.

Further details relating to the operation of the LTIP can be found within the Annual Report and Accounts available on the Company's website. 

All options are granted at the market value of the Company shares, and therefore shareholder value must be enhanced for the Directors/ PDMRs to benefit.

ANNUAL BONUS PLAN

The following Directors/ PDMRs have also been awarded ordinary shares of 0.4p each in the Company which were granted on 2^nd October 2014 under the Hargreaves Lansdown Deferred Performance Bonus Plan ("the Plan").

Under the current terms of the Plan, all Directors/ PDMRs were required to defer 20% of any bonus earned for the year ended 30 June 2014 into either unapproved (nil cost) share options, or cash.  

Where the Directors/ PDMRs have elected to defer into unapproved share options, the awards have an exercise price of nil pence per share and may be exercised at the Director/ PDMRs discretion from 1 July 2017 until 1 October 2017.  Awards shall only vest where the director remains in employment with the group

Further details relating to the operation of the Deferred Performance Bonus Plan can be found within the Annual Report and Accounts available on the Company's website. 

For further information contact 

Judy Matthews

Company Secretary

Hargreaves Lansdown

0117 988 9880