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RNS Number:5780O
Hot Tuna (International) plc
22 December 2006


                          Hot Tuna (International) Plc
                         ("Hot Tuna" or the "Company")
                            Directors' Shareholdings

The Company was notified on 22 December 2006 that Ranjit Murugason, a Director
of the Company, has been granted a call option over certain shares held by
Frontier International (Holdings) Pty Ltd ("Frontier"). Frontier has granted Mr
Murugason a call option over 2,300,000 of the ordinary shares which Frontier
owns in the Company which option is exercisable at any time during the five-year
period from grant for nominal consideration. As a result, Mr Murugason has
agreed to be subject to certain extended lock-in restrictions on the sale of
shares in the Company. He may not dispose of any shares which he may obtain
(whether by way of exercise of the call option or otherwise) until 7 July 2007
and will be subject to orderly marketing restrictions for a period of a further
12 months thereafter. In addition, 1,150,000 of any shares he may acquire by
exercising the call option will be subject to a lock-in restriction on sale
until 7 July 2008 (the "additional lock-in restriction") and orderly marketing
restrictions for a period of one year thereafter. However, if at any time in the
year prior to 7 July 2008 the Company's share price reaches 150p per share the
additional lock-in restriction would fall away, although Mr Murugason would
remain subject to the orderly marketing restrictions.

In addition, the Company has granted on 22 December 2006 to Ranjit Murugason an
option to subscribe for up to 1,500,000 ordinary shares in the Company which
will be exercisable at an exercise price of 25p per share.

The Company proposes to grant to Elle Macpherson an option to subscribe for up
to 1,500,000 ordinary shares in the Company on identical terms. The options are
granted with immediate effect and are all exercisable during the period running
from the first anniversary of grant to the fifth anniversary.

In summary, Mr Murugason's interest in the Company is:

Security   Amount      Description
Ordinary
Shares     1,294,833   ordinary shares of 1p each in the capital of the Company,
                       representing 1.68% of the issued share capital of the
                       Company

Call       2,300,000   call option over Company's ordinary shares owned by
Options                Frontier

Options
and        1,666,666   warrants to subscribe to new Ordinary Shares
Warrants


In summary, Ms Macpherson's interest in the Company is:

Security       Amount      Description

Ordinary       Nil         ordinary share of 1p each in the capital of the
Shares                     Company

Call Options   2,000,000   call option over Company's ordinary shares owned by
                           Frontier
Options        3,500,000   options to subscribe to new Ordinary Shares


                                      ENDS


For further information:
Hot Tuna (International) PLC
Ranjit Murugason, Executive Chairman           Tel: +44 (0) 20 7372 9378
ranjit_murugason@hottunaplc.com

Seymour Pierce Limited
Sarah Wharry / Parimal Kumar                  Tel: +44 (0) 20 7107 8000
parimalkumar@seymourpierce.com                www.seymourpierce.com

Media enquiries:
Abchurch
Henry Harrison-Topham / Chris Lane            Tel: +44 (0) 20 7398 7700
henry.ht@abchurch-group.com                   www.abchurch-group.com
                                              ------------------------

Notes to Editors
Hot Tuna International PLC (AIM:HTT) owns the rights to the Hot Tuna brand, a
progenitor of global youth fashion, born in Australia with a heritage of
authentic surf culture.

Hot Tuna is one of the world's most iconic names in surf lifestyle and can trace
its roots back to 1969 when it was founded by a surfer and his fashion designer
wife. Though the label had not been actively marketed over for the last decade,
it retained an organic cult status among core action sports enthusiasts.

In June 2005, Hot Tuna International PLC purchased the 'Hot Tuna' brand from
Frontier International (Holdings) Pty Ltd, listed on AIM in September 2005, and
has since started to aggressively market the brand and reinvigorate the
business. The Company now owns all intellectual property rights to its name and
related iconography, and has put in place key management drawn from the
executive ranks of Quiksilver, O'Neill and Ocean Pacific, among others.

Headquartered in the UK, Hot Tuna operates design, marketing and distribution
hubs in the USA, Australia and the UK. In its core markets, Hot Tuna sells
products, which are directly manufactured in facilities in North America, Europe
and in China.

Hot Tuna offices are maintained in Sydney, Los Angeles and London.

For more information, visit www.hottunaplc.com




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

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