Morgan Advanced Materials plc (the 'Company')

Notification of transactions of a person discharging managerial responsibilities ('PDMR')

26 March 2015

This notification is made pursuant to DTR 3.1.4R(1)(a).

Simon Halliday (PDMR)

Bonus Deferral Share Matching Plan ('BDSMP') - vesting of 2012 Deferred Awards

The Company received notification that the following transaction took place on 25 March 2015 following the vesting and release of awards granted in 2012 under the BDSMP representing deferral of bonus into a notional award over shares.

Deferred Awards vested on 21 March 2015 and in this instance shares were released and sold on 25 March 2015. There was no corresponding release of shares under the 2012 Matching Award as the performance condition attached to the matching element was not met and the 2012 Matching Award therefore lapsed.

Enquiries:  Stephanie Mackie, Morgan Advanced Materials plc

Tel:  01753 837000