Highcroft Investments PLC 31 March 2005 Highcroft plc Director Shareholdings Highcroft Investments P.L.C. (the "Company") was informed yesterday that on 29 March 2005 Gavin Kingerlee, Non-Executive Chairman, and his wife Mrs M Kingerlee, sold 3,000 Highcroft ordinary shares and 2,000 ordinary shares respectively at a price of £6.00 per share. Following this, Gavin Kingerlee and his associates hold 165,150 ordinary shares, representing approximately 3.20 per cent. of the Company's issued ordinary share capital. The Company was also informed yesterday that, on 29 March 2005, 5,000 Highcroft ordinary shares were acquired by the JM Kingerlee Settlement Trust, of which the children of David Kingerlee, an Executive Director, are beneficiaries. Of the 5,000 ordinary shares, David Kingerlee sold 3,500 ordinary shares and 1,500 ordinary shares were sold by his wife, Mrs S Kingerlee, each at a price of £6.00 per share. David Kingerlee and David Bowman, Finance Director, are both trustees to the JM Kingerlee Settlement Trust. Following this transfer David Kingerlee's interest in the Company's ordinary share capital is as detailed below: Number of Per cent. of issued Ordinary Shares ordinary share capital Mr and Mrs DH Kingerlee 93,900 1.82% Kingerlee Settlement Trust 74,300 1.44% Total 168,200 3.26% Accordingly as a trustee Mr Bowman's non-beneficial interest increases to 91,448 ordinary shares representing 1.77 per cent. of the Company's issued ordinary share capital. 31 March 2005 This information is provided by RNS The company news service from the London Stock Exchange