Smith (DS) PLC

Remuneration Information • Jul 30, 2014

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RNS Number : 7351N

Smith (DS) PLC

30 July 2014

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 PDMR share transactions occurred on 30 July 2014.

1) Miles Roberts, Adrian Marsh and Richard Stuckes notified the Company on 30 July 2014 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 30 July 2017.

The awards were granted by reference to the closing middle market quotation of a Share on 29 July 2014 of 267.5 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 Directors 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 30 July 2017. 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	158,733	238,099
Adrian Marsh	Director	47,383	71,074
Richard Stuckes	PDMR	56,373	56,373

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

2) Miles Roberts, Adrian Marsh and Richard Stuckes notified the Company on 30 July 2014 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 29 July 2014 of 267.5 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 30 July 2017.

Name	Status	Maximum number of Shares
Miles Roberts	Director	375,700
Adrian Marsh	Director	186,915
Richard Stuckes	PDMR	149,532

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: 30 July 2014

This information is provided by RNS

The company news service from the London Stock Exchange

END

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