Directors' shares interests.

The SAYE scheme is approved by [HMRC] and, in accordance with the relevant legislation, has no performance conditions.

One option over 78,115 shares lapsed in 2009. As at 31 December 2009, there were 819,942 options outstanding for executive directors where the exercise price exceeded the market price of 80.6 pence. The range of middle market closing share prices during 2009 was 23.0 pence to 88.8 pence.

Andrew Palmer retired on 31 December 2009. His outstanding options crystallised on his retirement date, with exercise periods of 12 months for his CSOP and ESOS options and six months for his SAYE option.

Kate Avery’s outstanding options lapsed in full on cessation of her employment on 31st August 2009.

All outstanding ESOS awards for the above have now met their performance conditions and are exercisable.

The Company’s register of directors’ interests, which is open to inspection, contains full details of directors’ shareholdings and share options.

No share options were exercised by executive directors during 2009.

The information in this table has been audited by the independent auditors, PricewaterhouseCoopers LLP.