408-409 / 488
Management share option plan (MSOP)'
Tranche I 1/ 9991
Tranche
/I
120001
Tranche III 1200I )
Tranche IV (2002)
Tran che V (2003)
Share
Exercise
Exercise
Exercise
Exercis e
Exercise
price in
f
t!.u.!lJJlil
price
ill
e
Ml mber
price in
£
Numb er
tuiss:
in
€
Numb er
nrice
ill
€
Number
oriel! in
€
Originally issued
266,550
355, 100
342,850
340,850
88,000
Outstanding as at J an , 1,2005
163,450
--
17,450
21.75
55,700
37,95
204,550
90.85 82,500
Forfeited during the period
5,900
135.1 1
350
2.56
1,500
2.56
3,700
38.00
2,500
2.56
Exercised during the period
May 2005
137.44
0
--
3,950
2.56
23,400
2.56
56,225
72.67
0
Aug. 2005
143.48
82,950
116.26
800
2.56
9,500
2.56
7 1,700
2.56 41,900
2.56
Nov. 2005
155.80
13,450
153.96
2,100
2.56
3,400
2.56
21,950
38.76 14,400
2,56
Outstanding as at Dec. 31, 2005
61,150
153.96
10,250
2.56
17,900
2.56
50,945
38.76 23,700
2.56
Exercisable as at Dec. 3 1. 2005
6 1, 150
153.96
10.250
2.56
17,900
2.56
50,945
38.76 23,700
2.56
Outstanding as at J an 1,2006
61,150
153.96
10,250
2.56
17,900
2.56
50,945
38.76 23,700
2.56
Forfeited during the period
1,450
107.14
400
4.00
400
4.00
1.350
26.84
0
4.00
Exercised during the period
May 2006'
149.20
32,200
107.14
1,150
4.00
2,850
4.00
10,320
4.00 10,150
4.00
Aug. 2006'
146.52
0
--
0
--
1.750
4.00
4,250
32.68
4,000
4.00
Nov. 2006'
149.84
0
--
650
4.00
750
4.00
4,400
43.84
1,750 4.00
Expired during the period
27,500
107.14
0
0
--
0
--
0
Outstanding as at Dec. 31, 2006
2
0
--
8,050
4,00
12,150
4.00
30,625
43.84
7,800
4,()()
Exercisable as at Dec. 3 1. 2006
2
0
--
8,050
4.00
12,150
4.00
30,625
43.84
7,800
4.00
I
III
the table
the exercise period is relevant,
110/
the paym ent date
1
Due
to
the share split effective May 2006. one option is now equivalent to four shares (see also Note 22).