Shepherd Neame Limited Director/PDMR Shareholding

The following share transaction was notified to the Company and is reported accordingly:

On 27 November 2013 the Company was notified that on that date Mr G H A Barnes and his connected parties acquired a total of 950 "B" Shares at 30 pence per share. As a result of this transaction the beneficial interest in "B" Ordinary Shares held by Mr G H A Barnes and his connected parties increased from 140,850 (0.21%) to 141,800 (0.21%).

The above transaction formed part of share sales totalling 51,150 "B" Shares.

There are currently 68,000,000 "B" Ordinary Shares in issue.

The Directors of Shepherd Neame Limited accept responsibility for this announcement.