Director/PDMR Shareholding

23 November 2007 NOVAE GROUP PLC NOTIFICATION OF TRANSACTIONS OF DIRECTORS, PERSONS DISCHARGING MANAGERIAL RESPONSIBILITY OR CONNECTED PERSONS The Company has been notified that on 23 November 2007 MK Fosh acquired a beneficial interest in a further 288,391 Ordinary shares of 10 pence each in Novae Group plc (0.039% of the issued Ordinary share capital of the Company) at a price of 34.0 pence per share. As result of this transaction, MK Fosh holds the following total beneficial interest in the issued Ordinary Share capital of Novae Group plc: 3,300,829* shares; being 0.450% of such Ordinary Share capital. The acquisition represents a reinvestment of the proceeds of the sale on 22 November 2007 of 95,800 7% Convertible bonds 2008 in Novae Holdings PLC at a price of £1.031205 each. MK Fosh retains no beneficial interest in 7% Convertible Bonds 2008 in Novae Holdings PLC. *This figure excludes shares held by the Trustees of the All Employee Share Ownership Plan and shares subject to LTIP awards, but includes an interest in 710,065 Ordinary Shares of 10 pence each by way of deferred bonus payable in shares in December 2008. Enquiries: MJ Turvey 020 7903 7300 Group Company Secretary and General Counsel Novae Group plc -Ends- ---END OF MESSAGE---