Co-investment Plan - Director/PDMRs conditional share awards

    Bodycote announces that on 27 May 2015, in accordance with the rules of the 
    Bodycote Co-Investment Plan ("CIP"), the Company made Matching Share awards
    over ordinary shares in the Company ("Ordinary Shares").

    The awards noted below comprise a maximum conditional award of Ordinary Shares
    of 17 3/11p each subject to the rules of the CIP and the applicable performance
    targets. The awards only vest to the extent performance criteria is met in
    2018. No payment was made for the grant of awards. Awards were made as follows:

    Name                         PDMR                             Number of Matching Shares
                                                                                    Awarded
                                                                                           
    Stephen Harris               Chief Executive                                      5,113
                                                                                           
    David Landless               Finance Director                                     5,113
                                                                                           
    Dan McCurdy                  PDMR                                                11,570
                                                                                           
    Peter Selbach                PDMR                                                 7,891
                                                                                           
    Tom Gibbons                  PDMR                                                 1,479
                                                                                           
    Paul Clough                  PDMR                                                 3,833

    The total number of ordinary shares in which each of the executive directors*
    and other PDMRs below hold a beneficial interest is:

    Stephen Harris*              Chief Executive                                    141,522
                                                                                           
    David Landless*              Finance Director                                   250,203
                                                                                           
    Dan McCurdy                  PDMR                                               235,276
                                                                                           
    Peter Selbach                PDMR                                                11,858
                                                                                           
    Tom Gibbons                  PDMR                                                 1,671
                                                                                           
    Paul Clough                  PDMR                                                48,132

    Contact for queries:

    Ute Ball, Company Secretary: Springwood Court, Macclesfield, SK10 2XF
    Tel: 01625 505300

    END