AXN Alexon Grp.

RNS Number:5798V
Alexon Group PLC
26 April 2007


FOR IMMEDIATE RELEASE
26 April 2007


                       Alexon Group PLC ("the Company")

                 Grant of Performance Share Plan Share Awards

On 26 April 2006, the Company granted Performance Share Plan Share awards to
PDMRs over, in aggregate, 320,000 Ordinary  Shares of 10 pence each under the
terms of the Alexon Group 2002 Performance Share Plan ("PSP"). The options are 
exercisable between 26 April 2010 and 26 October 2010:

PDMR         Scheme No. of shares      Exercise Price            Total number of
                                                                       PSP share
                                                                     awards held
                                                                       following
                                                                    notification
Director
AHA Osborn   PSP             100,000   nil                             310,000
RAKW Piggott PSP              70,000   nil                             190,000

Other
TP Kirton    PSP              50,000   nil                             134,000
DF Payne     PSP              50,000   nil                             134,000
LA Thomson   PSP              50,000   nil                             161,000



Notes

1. The options were granted for nominal consideration;

2. The Company has 56,886,096 Ordinary Shares in issue as at 26 April 2007; and

3. The Company now has PSP awards outstanding over 1,354,000 shares, 
representing 2.38% per cent. of the issued Ordinary Share capital.


For further information, please contact

Robin Piggott                            01582 723131





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

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