Director/PDMR Shareholding

1.

Name of the issuer

2.

State whether the notification relates to (i) a

transaction notified in accordance with DTR 3.1.2 R,

(ii) a disclosure made in accordance

LR 9.8.6R(1) or

(iii) a disclosure made in accordance with section 793of the Companies Act (2006).

DS SMITH PLC

THIS NOTIFICATION IS IN ACCORDANCE WITH BOTH DR 3.1.4R(1)(a) AND (ii) DR 3.1.4(R)(1)(b)

3.

Name of person discharging managerial

responsibilities/director

4.

State whether notification relates to a person

connected with a person discharging managerialresponsibilities/director named in 3 and identify theconnected person

(a) P M JOHNSON

(b) A D THORNE

(c) S W DRYDEN

N/A

5.

Indicate whether the notification is in respect of aholding of the person referred to in 3 or 4 above orin respect of a nonbeneficial

interest 1

6.

Description of shares (including class), debentures orderivatives or financial instruments relating to shares

NOTIFICATION IS IN RESPECT OF HOLDINGS OF:

(a) P M JOHNSON

(b) A D THORNE

(c) S W DRYDEN

ORDINARY SHARES OF 10P EACH

7.

Name of registered shareholders(s) and, if morethan one, the number of shares held by each ofthem

8.

State the nature of the transaction

(a) P M JOHNSON230,000

(b) A D THORNE301,862

(c) S W DRYDENNIL

ACQUISITION

9.

Number of shares, debentures or financial

instruments relating to shares acquired

10.

Percentage of issued class acquired (treasury shares ofthat class should not be taken into account whencalculating percentage)

(a) P M JOHNSON25,000

(b) A D THORNE30,000

(c) S W DRYDEN15,000

(a) P M JOHNSON0.006%

(b) A D THORNE0.008%

(c) S W DRYDEN0.004%

11.

Number of shares, debentures or financial

instruments relating to shares disposed

12.

Percentage of issued class disposed (treasury shares ofthat class should not be taken into account whencalculating percentage)

N/A

N/A

13.

Price per share or value of transaction

14.

Date and place of transaction

(a)P M JOHNSON113.64p

(b) A D THORNE113.64p

(c) S W DRYDEN113.64p

30 JUNE 2008,LONDON

15.

Total holding following notification and totalpercentage holding following notification (anytreasury shares should not be taken into accountwhen calculating percentage)

16.

Date issuer informed of transaction

(a)P M JOHNSONTOTAL HOLDING - 255,000ORDINARY SHARES OF 10P EACH
TOTAL PERCENTAGE HOLDING - 0.065%

(b)A D THORNETOTAL HOLDING - 331,862 ORDINARY SHARES OF 10P EACH
TOTAL PERCENTAGE HOLDING - 0.084%

(c) S W DRYDENTOTAL HOLDING - 15,000 ORDINARY SHARES OF 10P EACH
TOTAL PERCENTAGE HOLDING - 0.004%

30 JUNE 2008

17.

Date of grant

18.

Period during which or date on which exercisable

N/A

N/A

19.

Total amount paid (if any) for grant of the option

20.

Description of shares or debentures involved (classand number)

N/A

N/A

21.

Exercise price (if fixed at time of grant) or

indication that price is to be fixed at the time ofexercise

22.

Total number of shares or debentures over whichoptions held following notification

N/A

N/A

23.

Any additional information

24.

Name of contact and telephone number for queries

N/A

N/A

Name of authorised official of issuer responsible for making notification

CAROLYN CATTERMOLE, COMPANY SECRETARY

Date of notification 30 JUNE 2008

(1)

An issuer making a notification in respect of a transaction relating to the shares or debentures of the issuer should completeboxes 1 to 16, 23 and 24.

(2)

An issuer making a notification in respect of a derivative relating the shares of the issuer should completeboxes 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 completeboxes 1 to 3and 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 boxes 1 to 4, 6, 8, 9, 11, 13, 14, 16, 23 and 24.