FORM 6-K SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Report of Foreign Issuer Pursuant to Rule 13a-16 or 15d-16 of the Securities Exchange Act of 1934 For the month of May BG Group plc 100 Thames Valley Park Drive Reading RG6 1PT ENGLAND (Address of principal executive offices) The registrant files annual reports under cover of Form 20-F. By furnishing the information contained in this Form the reigistrant is not also furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934. BG Group plc Notification of Interests in Shares William Friedrich - Executive Director The Company has today received notification from William Friedrich, Deputy Chief Executive, that on 15 May 2007 he exercised options under the BG Group Company Share Option Scheme over a total of 533,710 ordinary shares of 10p each comprising 378,403 shares at a price of GBP2.5634 per share and 155,307 shares at a price of GBP2.685 per share. Subsequently 533,710 shares, arising from this exercise, were sold at a price of GBP7.594222 per share. As a result, Mr Friedrich's beneficial interests in the ordinary share capital of BG Group plc are 370,120 shares, representing 0.01% of the shares in issue. 15 May 2007 Website www.bg-group.com SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized. BG Group plc Date: 15 May 2007 By: ___Ben Mathews___ Ben Mathews Company Secretary