MTI Mtl Instruments

RNS Number:1373M
MTL Instruments Group PLC
10 May 2005


Director shareholding

The MTL Instruments Group plc ("MTL" or the "Company") announces that it was 
notified on 10 May 2005 by Mr W S Greenhalgh, an executive director of MTL, 
of his exercise of options to subscribe 70,000 new ordinary shares in the 
Company under the terms of the Company's unapproved share option scheme.  The 
option exercise price for the new ordinary shares is 222 pence per share.

Mr Greenhalgh also informed the Company today that on 10 May 2005 he sold 
64,500 ordinary shares at 306p per share, of which 50,994 ordinary shares were 
sold to meet the cost of subscribing for the new ordinary shares and 7,878 
ordinary shares were sold to meet the income tax and national insurance 
liability arising on the exercise of his options.

Following the exercise of his options and the subsequent sale, Mr Greenhalgh's 
holding in the Company has increased by 5,500 ordinary shares to 11,013 
ordinary shares.  He has further options to subscribe up to 133,419 new 
ordinary shares in the Company.

Further information:
Bill Greenhalgh - Finance Director
Telephone - 01582 407534


End
10 May 2005


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

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