TCSC Town Centre

RNS Number:0569K
Town Centre Securities PLC
06 October 2006


For immediate release                                      Friday 6 October 2006





                   Town Centre Securities PLC ("The Company")


                          Directors'/PDMR Shareholding


              Notification of Director's exercising share options


The Company announces that on the 4 October 2006 Mr James Crawford, Investment
Director, partially exercised his option over 23,250 Ordinary shares of 25p each
in the Company granted to him under the 1994 Unapproved Share Option Scheme at
an exercise price of 105.5p per share, representing 0.042% of the issued
ordinary share capital of the Company. Mr Crawford has also surrendered his
option over 26,750 Ordinary Shares of 25p at an exercise price of 105.5p per
share. These shares will be cancelled by the company.


Mr Crawford is now beneficially interested in 315,300 Ordinary shares,
representing 0.571% of the total shares in issue. In addition Mr Crawford has
remaining options over 45,227 shares.


Furthermore, on the 4 October 2006 Mr Edward M Ziff, Chairman and Chief
Executive partially exercised his option over 20,000 Ordinary shares of 25p each
in the Company granted to him under the 1994 Unapproved Share Option Scheme at
an exercise price of 104p per share, representing 0.036% of the issued ordinary
share capital of the company.


Mr Ziff is now beneficially interested in 7,547,592 Ordinary shares,
representing 13.679% of the total shares in issue. In addition Mr Ziff has
remaining options over 42,727 shares.


For further information, please contact:

Town Centre Securities plc                           www.tcs-plc.com
Edward Ziff, Chief Executive                         0113 222 1234
Karen Prior, Finance Director

Smithfield
Reg Hoare/Katie Hunt                                 020 7360 4900




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

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