MLR Maelor

RNS Number:3775K
Maelor PLC
31 March 2005

31 March 2005


                                   Maelor Plc


                        Share Option Awards to Directors



The Company announces that it has today made a grant of share options over
13,043,478 Ordinary Shares of 10p each under a combination of the Enterprise
Management Incentive Scheme and the Unapproved Share Option Scheme. The share
options are to be awarded equally to each of the executive directors, those
being Stephen Appelbee, Chief Executive Officer and Ann Hardy, Operations
Director.


These share options have been awarded subject to the fulfilment of certain
performance criteria.


The options are exercisable at a price of 11.5p per share, the mid market price
prevailing at the close of business on 29th March 2005, at any time from 29th
March 2008 to 29th March 2013.



                                     -ends-


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