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Grants made and payouts received in the 2008 financial year(1)

Annual bonus and share grants made to executive directors in the 2008 financial year (percentages of base salary)

Annual Bonus Arun Sarin   Vittorio Colao   Andy Halford
Target award/Maximum award 100%/200%   100%/200%   100%/200%
Bonus deferral arrangement
Face value of DSB matching shares awarded in June 2007 50% of bonus deferred   50% of bonus deferred   50% of bonus deferred
Long term incentives
Face value of GLTI performance shares awarded in July 2007 389%   311%   311%
Face value of GLTI share options awarded in July 2007 750%   600%   600%

What the executive directors received in the 2008 financial year(2)

Base salary Arun Sarin   Vittorio Colao   Andy Halford
Basic salary received £1,310,160   £830,000   £631,500
Annual Bonus Target Actual   Target Actual   Target Actual
2007/08 GSTIP(3) £1,310,160 £2,130,320   £830,000 £1,290,650   £631,500 £1,026,819
Bonus deferral arrangement Shares
granted		 Shares
vested		   Shares
granted		 Shares
vested		   Shares
granted		 Shares
vested
STIP matching shares awarded in June 2005 1,260,747 1,180,479   N/A N/A   N/A N/A
Long term incentives Shares
granted		 Shares
vested		   Shares
granted		 Shares
vested		   Shares
granted		 Shares
vested(4)
GLTI performance shares awarded in July 2004 2,016,806 576,806   N/A N/A   135,617 135,617
GLTI share options awarded in July 2004 7,058,823 3,536,470   N/A N/A   226,808 226,808
Notes:
(1) More information on KPIs, against which Group performance is measured, can be found in Key Performance Indicators.
(2) The amounts shown in the table are also disclosed in the appropriate tables in the Audited information.
(3) The 2008 financial year GSTIP bonus targets were exceeded. The payout achieved for the Chief Executive was 162.6%.
(4) These awards were granted prior to joining the Executive Committee and different performance conditions apply.
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