McInerney Holdings PLC 23 February 2006 SCHEDULE 11 Notification of Transactions of Directors/Persons Discharging Managerial Responsibility and Connected Persons This form is intended for use by an issuer to make a RIS notification required by the Market Abuse Rules and section 53 (as extended by section 64 of the Companies Act 1990) or entered into the issuer's register in accordance with section 59 of the Companies Act 1990. (1) An issuer making a notification in respect of a transaction relating to the shares or debentures of the issuer should complete boxes 1 to 16, 23 and 24. (2) An issuer making a notification in respect of a derivative relating to the shares of the issuer should complete boxes 1 to 4, 6, 8, 13, 14, 16, 23 and 24. (3) An issuer making a notification in respect of options granted to a director/person discharging managerial responsibilities should complete boxes 1 to 3 and 17 to 24. (4) An issuer making a notification in respect of a financial instrument relating to the shares of the issuer (other than a debenture) should complete the boxes 1 to 4, 6, 8, 9, 11, 13, 14, 16, 23 and 24. All relevant boxes should be completed in block capital letters 1 Name of the Issuer 2 State whether the notification relates to: McINERNEY HOLDINGS PLC (i) a transaction notified in accordance with Market Abuse Rules; (ii) a disclosure made in accordance with section 53 (as extended by section 64 of the Companies Act 1990) or entered into the issuer's register in accordance with section 59 of the Companies Act 1990; or (iii) both (i) and (ii). (iii) 3 Name of person discharging managerial 4 State whether notification relates to a person connected with a person responsibilities/director discharging managerial responsibilities/director named in 3 and identify the connected person NO ENDA CUNNINGHAM 5 Indicate whether the notification is 6 Description of shares (including class) debentures or derivatives or in respect of a holding of the person financial instruments relating to shares ORDINARY referred to in 3 or 4 above or in respect of a non-beneficial interest BENEFICIAL INTEREST 7 Name of registered shareholder(s) 8 State the nature of the transaction MARKET PURCHASE and, if more than one, number of shares held by each of them 9 Number of shares, debentures or 10 Percentage of issued class acquired (treasury shares of that class financial instruments relating to should not be taken into account when calculating percentage) shares acquired .09% 30,000 11 Number of shares, debentures or 12 Percentage of issued class disposed (treasury shares of that class financial instruments relating to should not be taken into account when calculating percentage) shares disposed 13 Price per share or value of 14 Date and place of transaction transaction DUBLIN, 23rd FEBRUARY 2006 €12.30 15 Total holding following notification 16 Date issuer informed of transaction and total percentage holding following notification (any treasury 23rd FEBRUARY 2006 shares should not be taken into account when calculating percentage) 44,100 (0.13%) If a person discharging managerial responsibilities has been granted options by the issuer, complete the following boxes: 17 Date of grant 18 Period during which or date on which it can be exercised 19 Total amount paid (if any) for grant 20 Description of shares or debentures involved of the option (class and number) 21 Exercise price (if fixed at time of 22 Total number of shares or debentures over grant) or indication that the price which options are held following is to be fixed at the time of notification exercise 23 Any additional information 24 Name of contact and telephone number for queries KEVIN DALY 01 4962010 Name and signature of duly designated officer of issuer responsible for making notification MARK SHAKESPEARE Date of notification 23rd FEBRUARY 2006 This announcement has been issued through the Companies Announcement Service of the Irish Stock Exchange. This information is provided by RNS The company news service from the London Stock Exchange