WLW Woolworths

RNS Number:8581U
Woolworths Group PLC
13 April 2007



                             Woolworths Group plc


                       Directors' Interests: Share Awards





The following awards of ordinary shares of 12.5p each nominal in the Company
have been made on 12 April 2007 under the Company's Performance Share Plan.
These conditional awards were made at a price of 30.5p per share and will vest,
subject to the rules of the Plan and the future performance of the Company, on
12 April 2010, provided also that the Director remains in employment with the
Company at that time.


                                           Conditional
                                               Share
                                               Award *

Trevor Bish-Jones                              340,984
Steve Lewis                                    196,722
Lloyd Wigglesworth                             179,017
Stephen East                                   203,279
Tony Page                                      196,722


          * Assumes on target EPS and TSR performance





In accordance with the rules of the Plan, 50% of the conditional award depends
on the increase in the Company's fully diluted, adjusted earnings per share ("
EPS") over the next three years. The increase in EPS is in addition to the
increase in the Retail Prices Index. The following table sets out how this
element of the awards will vary in line with the increase in EPS.



EPS-Based Award




                        less than 2%     2% pa        3% pa        4% pa        5% pa         6% pa
                             pa
Trevor Bish-Jones            Nil         85,246      170,492      255,738      340,985       426,230
Steve Lewis                  Nil         49,181       98,361      147,542      196,722       245,902
Lloyd Wigglesworth           Nil         44,754       89,509      134,263      179,017       223,770
Stephen East                 Nil         50,820      101,640      152,460      203,280       254,098
Tony Page                    Nil         49,181       98,361      147,542      196,722       245,902



In addition, the remaining 50% of the conditional award depends on the Company's
Total Shareholder Return ("TSR") performance over the next three years. The
Comparator group for these purposes is the FTSE General Retailers Index. The
following table sets out how this element of the award will vary in line with
the increase in EPS.





TSR-Based Award


                        below median    median - 60th     61st - 70th     71st - 80th   upper quintile
                                         percentile       percentile      percentile
Trevor Bish-Jones            Nil           85,246           170,492         255,738        426,230
Steve Lewis                  Nil           49,180           98,361          147,541        245,902
Lloyd Wigglesworth           Nil           44,754           89,508          134,262        223,770
Stephen East                 Nil           50,820           101,639         152,459        254,098
Tony Page                    Nil           49,180           98,361          147,541        245,902



No new shares will be issued to satisfy any of these awards.



The interest of each of the directors in ordinary shares, share options and
conditional share award of Woolworths Group plc, following the grant of these
awards, is:




                                                                                     Conditional Share
                                                                                           Awards
                                              Shares             Share options

Trevor Bish-Jones                             532,944              3,251,262             5,199,982

Stephen East                                  100,000               11,333                831,507

Steve Lewis                                   53,557                929,448               979,613

Tony Page                                     10,000                  Nil                1,286,465

Lloyd Wigglesworth                            17,000                262,522               980,989






The company was notified of the awards on 12 April 2007.







13 April 2007

Jonathan Bloom
Company Secretary





                                    - ends -





For further information contact :-

Jonathan Bloom, Company Secretary, Woolworths Group plc:  020 7706 5033

Celia Gordon-Shute, Tulchan Communications:  020 7353 4200








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