R.E.A.Hldgs PLC 23 June 2006 R.E.A. Holdings plc ("REA") Adjustment to terms of director's share option, partial exercise of director's share option and director's dealing in ordinary shares of 25p each of REA ("ordinary shares") Further to the announcement made by REA on 22 June 2006 and following the partial exercise by Mr John Oakley, a director of REA, of a share option to the extent of 185,000 ordinary shares ("the new shares") at a price of 0.444175p, application has been made for admission of the new shares to the Official List of the UK Listing Authority and to trading on the London Stock Exchange's market for listed securities. It is expected that dealings in the new shares will commence on 28 June 2006. This information is provided by RNS The company news service from the London Stock Exchange