RNS Number:1125J
Terrace Hill Group PLC
24 March 2003


TERRACE HILL GROUP PLC (the "Company")

DIRECTORS' SHAREHOLDINGS

1.   D Ross Macdonald, Joint Managing Director of the Company, has today
     purchased 10,000 Shares at a price of 16.50p each. Mr Macdonald's interest 
     in the share capital of the Company has today increased from 479,522 Shares 
     (0.31%) to 489,522 Shares (0.32%).

2.   Miranda A Kelly, Director of the Company, has also today purchased 10,000
     Shares at a price of 16.50p each. Miss Kelly's interest in the share 
     capital of the Company has increased from 73,302 Shares (0.05%) to 83,302 
     Shares (0.05%).

The Shares referred to in the announcement are the issued Ordinary Shares of 2p
each in the Company.


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            The company news service from the London Stock Exchange
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