Share Option Announcement

Diagonal PLC 11 March 2004 11 March 2004 DIAGONAL PLC ('Diagonal' or the 'Company') Share options were granted on 10 March 2004 to the Company's executive directors as follows:- Colin Burnside has been granted 104,348 options under the Company's Executive Share Option Scheme ('ESOS') and 208,695 options under the Company's Long Term Incentive Plan ('LTIP'). Following the grant, Mr Burnside now holds options over a total of 313,043 shares in the Company. Martin Andrews has been granted 86,957 options under the ESOS and 173,913 options under the LTIP. Following the grant, Mr Andrews now holds options over a total of 260,870 shares in the Company. Christine Chittock has been granted 136,957 options under the ESOS and 173,913 options under the LTIP. In addition, as of yesterday, she has surrendered all 200,000 options previously granted to her under the ESOS. Following the grant and surrender, Ms Chittock now holds options over a total of 496,715 shares in the Company. The options granted yesterday are all over 10p ordinary shares and may, under normal circumstances, be exercised during the period 11 March 2007 to 10 March 2014. No payment was made for grant of the options. The exercise price of the options granted under the ESOS is 57.5 pence per share. The exercise price of the options granted under the LTIP is nil but the number of options that can ordinarily be exercised will depend on the extent to which the Company has met certain performance criteria based on the growth in the Company's earnings per share over the three years ending 30 November 2006. The Company has also made additional grants of options to senior management and employees under the ESOP and the LTIP. Enquiries Ian Farrelly _________________________ Group Solicitor and Company Secretary Martin Andrews Diagonal PLC Finance Director Tel: 01252 736 620 This information is provided by RNS The company news service from the London Stock Exchange