Parkwood Holdings plc

("The Company")

                            DIRECTORS' SHAREHOLDING                            

The Company was informed on 24th April 2003 that Mr A G Holt and Mr D Y Eadie,
both directors of the company, had exercised options over the Ordinary Shares
of 1p each ("Ordinary Shares") at prices detailed below on 24th April 2003.

Mr Holt exercised options over 20,000 Ordinary Shares at 16p each and 21,000
Ordinary Shares at 30p each, with the total options exercised of 41,000 shares
representing 0.21% of the Company's total issued ordinary share capital.
Following this transaction, Mr Holt has a beneficial interest in 43,000
Ordinary Shares representing 0.22% of the Company's total issued ordinary share
capital. In addition, Mr Holt retains options over 73,500 Ordinary Shares.

Mr Eadie exercised options over 10,000 Ordinary Shares at 16p each and 18,000
Ordinary Shares at 30p each, with the total options exercised of 28,000 shares
representing 0.14% of the Company's total issued ordinary share capital.
Following this transaction, Mr Eadie has a beneficial interest in 43,835
Ordinary Shares representing 0.22% of the Company's total issued ordinary share
capital. In addition, Mr Eadie retains options over 54,000 Ordinary Shares.

The exercise of options by Mr Holt and Mr Eadie has been met through the
transfer of shares from Parkwood Group Trustees Limited, the Company's Employee
Benefit Trust. Accordingly, Parkwood Group Trustees Limited notified the
company on 24th April 2003 that its notifiable interest had been reduced by
69,000 Ordinary Shares representing 0.35% of the Company's total issued
ordinary share capital to 783,625 Ordinary Shares representing 4.00% of the
Company's total issued ordinary share capital. The beneficiaries of the
Employee Benefit Trust including the directors of the company who therefore
have an interest in the Employee Benefit Trust.

For further information, please contact Doug Eadie on 01772 627111.



END