RNS Number:6147T
Entertainment Rights PLC
01 May 2008

                            Entertainment Rights Plc
                                (the 'Company')
                                        
                             Grant of Share Options

On 30 April 2008, the Company granted the following options representing 2.18
per cent of its ordinary shares of 5p each currently in issue ("Ordinary
Shares"), to the following Directors and PDMR:


Director  / PDMR         Number of Ordinary         Total number of Ordinary 
                         Shares over which          Shares over which options 
                         options granted            held following                                                      
                                                    this notification 

Director  
                                              
Nick Phillips               8,000,000                    8,000,000                        
                                                 
Jane Smith                  3,000,000                    11,769,656                       

Elizabeth Gaines            2,500,000                    9,204,119                        

PDMR                                                        

Deborah Dugan               2,500,000                    5,000,000                        


The exercise price of the options detailed above is 9.37 pence per share, being
the average closing price of an Ordinary Share over the five dealing days
preceding the date of grant.


The options granted to Nick Phillips are as follows:

+--------------------+-----------------+---------------------------------------+
|Number of Options   |Option Scheme    |Exercisable                            |
+--------------------+-----------------+---------------------------------------+
|2,000,000           |Unapproved       |30 April 2008 to 29 April 2018         |
+--------------------+-----------------+---------------------------------------+
|2,000,000           |Unapproved       |31 March 2009 to 29 April 2018         |
+--------------------+-----------------+---------------------------------------+
|2,000,000           |Unapproved       |31 March 2010 to 29 April 2018         |
+--------------------+-----------------+---------------------------------------+
|200,000             |Unapproved       |31 March 2011 to 29 April 2018         |
+--------------------+-----------------+---------------------------------------+
|1,800,000           |Deed             |31 March 2011 to 29 April 2018         |
+--------------------+-----------------+---------------------------------------+


All options granted to Nick Phillips, excluding the 2,000,000 options
exercisable from 30 April 2008, are subject to the following vesting criteria:


- 1/3 of the Ordinary Shares under option, if the average annual percentage
increase in the Company's earnings per share over the financial years commencing
with the year ending 31 December 2008 and ending prior to the date when first
exercisable is at least equal to the average annual percentage growth in the
Retail Price Index plus 5 per cent; plus


- 1/3 of the Ordinary Shares under option, if the average annual percentage
increase in the Company's earnings per share over the financial years commencing
with the year ending 31 December 2008 and ending prior to the date when first
exercisable is at least equal to the average annual percentage growth in the
Retail Price Index plus 7.5 per cent; plus


- 1/3 of the Ordinary Shares under option, if the average annual percentage
increase in the Company's earnings per share over the financial years commencing
with the year ending 31 December 2008 and ending prior to the date when first
exercisable is at least equal to the average annual percentage growth in the
Retail Price Index plus 10 per cent.


All options granted to Jane Smith, Elizabeth Gaines and Deborah Dugan are
granted under the Company's Unapproved Share Option scheme. These options are
exercisable between 30 April 2011 to 29 April 2018, subject to the achievement
of the following performance criteria:


- 1/3 of the Ordinary Shares under option, if the average annual percentage
increase in the Company's earnings per share over the 3 financial years
commencing with the year ending 31 December 2008 and ending with the year ending
to 31 December 2010 is at least equal to the average annual percentage growth in
the Retail Price Index plus 5 per cent; plus


- 1/3 of the Ordinary Shares under option if the average annual percentage
increase in the Company's earnings per share over the 3 financial years
commencing with the year ending 31 December 2008 and ending with the year ending
31 December 2010 is at least equal to the average annual percentage growth in
the Retail Price Index plus 7.5 per cent; plus 1/3 of the Ordinary Shares under
option if the average annual percentage increase in the Company's earnings per
share over the 3 financial years commencing with the year ending 31 December
2008 and ending with the year ending 31 December 2010 is at least equal to the
average annual percentage growth in the Retail Price Index plus 10 per cent.


For further enquiries:

Entertainment Rights Plc                                     Tel: 020 8762 6200
Paul Ashworth, Group Financial Controller


Altium Capital Limited                                       Tel: 020 7484 4040
Phil Adams / Tim Richardson


Bell Pottinger Corporate & Financial                         Tel: 020 7861 3232
David Rydell/Amy Rajendran



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

END
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