RNS Number:3395O
Terrace Hill Group PLC
05 August 2003





TERRACE HILL GROUP PLC ("the Company")


DIRECTORS' SHAREHOLDING


1.   D. Ross Macdonald, Joint Managing Director of the Company,
purchased 5,000 Shares in the Company at a price of 22p each on 4 August 2003.
Mr Macdonald's interest in the share capital of the Company has increased from
524,522 shares (0.34%) to 529,522 Shares (0.34%).



2.   Miranda A. Kelly, Director of the Company, also purchased
2,000 Shares in the Company at a price of 22p each on 4 August 2003.  Miss
Kelly's interest in the share capital of the Company has increased from 93,302
Shares (0.06%) to 95,302 Shares (0.06%).



The Shares referred to in the announcement are the issued Ordinary Shares of 2p
each in the Company.



Contact:  Alasdair Robinson, Noble & Company Limited, 0131 225 9677



END


                      This information is provided by RNS
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