Smith (DS) PLC

Remuneration Information • Jul 24, 2013

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RNS Number : 0314K

Smith (DS) PLC

24 July 2013

DS Smith Plc (the "Company")

In pursuance of the Company's obligations under Disclosure Rule 3.1.4R (i)(a), the Company hereby notifies that the following Directors share transactions occurred on 23 July 2013.

1) Miles Roberts and David Matthews notified the Company on 23 July 2013 that, as a result of being granted an award under the DS Smith Deferred Share Bonus Plan (the "Bonus Plan"), they have acquired a conditional right to receive the number of Shares set out below.

The award under the Bonus Plan referred to above will normally vest on the third anniversary of the date of grant, being 23 July 2016.

The awards were granted by reference to the closing middle market quotation of a Share on 22 July 2013 of 249.5 pence, and operate subject to the conditions set out in the rules of the Bonus Plan.

A matching element of 1.5x the Bonus Plan for the Executive Director was awarded under the Share Matching Plan. The award operates subject to the conditions set out in the rules of the Share Matching Plan. They will normally vest, subject to the satisfaction of performance conditions, on the third anniversary of the date of grant, being 23 July 2016. If a Bonus Plan award lapses before the vesting of the related matching award then that matching award will lapse at the same time.

Name	Status	No. of Deferred Shares subject to award	Maximum number of Matching Shares subject to award
Miles Roberts	Director	152,825	229,237
David Matthews	PDMR	12,796	-

No consideration was paid for the grant of the award. No price is payable on the vesting of the award.

2) Miles Roberts, David Matthews and Richard Stuckes notified the Company on 23 July 2013 that, as a result of being granted an award under the DS Smith Performance Share Plan (the "Performance Share Plan"), they have each acquired a conditional right to receive the number of Shares listed below.

The awards were granted by reference to the closing middle market quotation of a Share on 22 July 2013 of 249.5 pence, and operate subject to the conditions set out in the rules of the Performance Share Plan. They will normally vest, subject to the satisfaction of performance conditions, on the third anniversary of the date of grant, being 23 July 2016.

Name	Status	Maximum number of Shares
Miles Roberts	Director	372,745
David Matthews	PDMR	65,130
Richard Stuckes	PDMR	160,320

No consideration was paid for the grant of the awards. No price is payable on the vesting of the awards.

For and on behalf of DS Smith Plc

Company Official Responsible for making this notification:

Matthew Jowett, Company Secretary

Date of this notification: 24 July 2013

This information is provided by RNS

The company news service from the London Stock Exchange

END

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