Pinewood Shepperton plc
08 May 2008


Pinewood Shepperton plc


8 May 2008

Pinewood Shepperton plc (the "Company") Grant of Awards under the LTIP

Pinewood Shepperton plc announces that on 7 May 2008 the Remuneration Committee
granted the following conditional nil cost share awards to the Executive
Directors and certain members of senior management, being Persons Discharging
Managerial Responsibility ("PDMRs"), under the Pinewood Shepperton plc 2007
Long-Term Incentive Plan (the "LTIP").

In accordance with the rules of the LTIP, awards were granted on 7 May 2008 at a
price of 237 pence per ordinary share (the closing share price on the preceding
dealing day) as follows:



Executive Directors                             No. of Ordinary Shares
                                                subject to LTIP Award
Ivan Dunleavy                                          152,954
Patrick Garner                                         105,485
Nick Smith                                              84,388


The shares subject to the LTIP awards will be released to Executive Directors in
three years' time subject to their continued employment and the satisfaction of
the following performance conditions:

1.      50% of the award is subject to the Company's total shareholder return
performance over the three-year period compared to the constituents of the FTSE
Small Cap Index. 20% of the shares subject to this element of the award will be
released for median comparative performance with full release of this element of
the award at upper decile comparative performance.


2.      50% of the award is subject to the Company's average annual ROCE
performance over the three-year period. 20% of shares subject to this element of
the award will be released for average annual ROCE of 8% with full release only
occurring for average annual ROCE of 11% or above.


Under the LTIP and subject to the discretion of the Remuneration Committee, the
Executive Directors may be eligible to receive additional LTIP Awards if they
purchase shares in the Company within 30 business days from 7 May 2008.




PDMRs                                        No. of Ordinary Shares
                                              subject to LTIP Award
Paul Baker                                         42,194
Ray Dance                                          11,920
Paul Darbyshire                                    18,987
Bruce Everett                                      22,785
Giles Farley                                       39,662
Dave Godfrey                                       18,987
Peter Hicks                                        10,127
Simon Honey                                        11,709
Kris Jaggs                                          8,861
Chris Naisby                                       30,591
Matt Richardson                                    15,823
David Wight                                        20,042
Darren Wolfson                                     19,831

The shares subject to the LTIP awards will be released to PDMRs in three years'
time subject to their continued employment and the satisfaction of the following
performance conditions:

1.      50% of the award is subject to the Company's total shareholder return
performance over the three-year period compared to the constituents of the FTSE
Small Cap Index. 50% of the shares subject to this element of the award will be
released for median comparative performance with full release of this element of
the award at upper quartile comparative performance.


2.      50% of the award is subject to the Company's average annual ROCE
performance over the three-year period. 50% of shares subject to this element of
the award will be released for average annual ROCE of 8% with full release only
occurring for average annual ROCE of 11% or above.



For further information, please contact Matt Richardson (Company Secretary) on

01753 656 473.



                      This information is provided by RNS
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