Lansdowne UK Equity - Director /PDMR Shareholding

RNS Number:2624M
Lansdowne UK Equity Fund Limited
22 January 2008

SCHEDULE 11

Notification of Transactions of Directors/Persons Discharging Managerial
Responsibility and Connected Persons

All relevant boxes should be completed in block capital letters

1 Name of the Issuer 2 State whether the notification relates to:

(i) a transaction notified in
accordance with Market Abuse Rules; (ii) a
Lansdowne Uk Equity Fund Ltd 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).

(i)
3 Name of person discharging managerial 4 State whether notification realties to a person
responsibilities/director connected with a person discharging managerial
responsibilities/director named in 3 and identify
Yok wah Tai - Lansdowne Employee the connected person

Notification relates to Yok Wah Tai & Wai Peah Tai
(wife of Yok Wah Tai)
5 Indicate whether the notification is in 6 Description of shares (including class) debentures
respect of a holding of the person referred or derivatives or financial instruments relating to
to in 3 or 4 above or in respect of a shares
non-beneficial interest
Sterling Management Shares
Notification relates to Lansdowne Employee
named in 3
7 Name or registered shareholder(s) and, if 8 State the nature of the transaction
more than one, member of shares held by
each of them Subscription

Yok Wah Tai & Wai Peah Tai
9 Number of shares, debentures or financial 10 Percentage of issued class acquired (treasury shares
instruments relating to shares acquired of that class should not be taken into account when
calculating percentage)

0.03%
142.61 Shares
11 Number of shares, debentures or financial 12 Percentage of issued class disposed (treasury shares
instruments relating to shares disposed of that class should not be taken into account when
calculating percentage)
N/A
N/A
13 Price per share or value of transaction 14 Date and place of transaction

Offer / Nav - GBP 350.60 21/01/08 - Dublin
15 Total holding following notification and 16 Date issuer informed of transaction
total percentage holding following
notification (any treasury shares should 21/01/08
not be taken into account when calculating
percentage)

Shares - 328.35 Percentage -0.08%

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 of the option 20 Description of shares or debentures
involved (class and number)
21 Exercise price (if fixed at time of grant) or 22 Total number of shares or debentures over
indication that the price is to be fixed at the which options are held following
time of exercise notification
23 Any additional information 24 Name of contact and telephone number for
queries

Lisa Fallon 01 607 1866

Name and signature of authorised officer of issuer responsible for making notification

____________________Lisa Fallon________________________________

Date of notification _______21/01/08____________________________

Notes: This form is intended for use by an issuer to make a RIS
notification required by (the Market Abuse Rules(1) 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.

This announcement has been issued through the Companies Announcement Service of

The Irish Stock Exchange.

--------------------------

(1) Please note that the requirement to make a notification under the Market
Abuse Rules does not apply until 1 October 2005. Schedule 11 may be subject to
amendment prior to 1 October 2005 to bring it in line with IFSRA's 'Notification
of Transactions of Directors/Persons Discharging Managerial Responsibility and
Connected Persons' under the Market Abuse Disclosure Rules.

This information is provided by RNS
The company news service from the London Stock Exchange
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