Medium Term Performance Plan

Scheme interests at 1 January 2007 and the related market price on award in the table below have been restated to reflect the bonus issue of ordinary shares in May 2007.

  Scheme interests (share equivalents) at 1 January 2007 Awards granted in 2007 Market price on award £ Awards vested in 2007(1) Awards exercised in 2007 Share interest (share equivalents) at 31 December 2007   End of period for qualifying conditions to be fulfilled
Sir Fred Goodwin 279,120   5.45     279,120 vested 31.12.03
  101,565   6.20     101,565 vested 31.12.04
  286,293   5.76 Nil   – lapsed 31.12.07
  291,579   6.17     291,579   31.12.08
    278,970 6.99     278,970   31.12.09
  958,557         951,234    
Mr Cameron 167,472   5.45     167,472 vested 31.12.03
  66,234   6.20     66,234 vested 31.12.04
  138,810   5.76 Nil   – lapsed 31.12.07
  145,791   6.17     145,791   31.12.08
    143,064 6.99     143,064   31.12.09
  518,307         522,561    
Mr Fish 31,485   5.76 Nil   – lapsed 31.12.07
  93,351   6.17     93,351   31.12.08
    85,905 6.99     85,905   31.12.09
  124,836         179,256    
Mr Fisher 60,000   5.45     60,000 vested 31.12.03
  24,000   6.20     24,000 vested 31.12.04
  104,109   5.76 Nil   – lapsed 31.12.07
  105,294   6.17     105,294   31.12.08
    100,146 6.99     100,146   31.12.09
  293,403         289,440    
Mr Pell 121,458   5.76 Nil   – lapsed 31.12.07
  124,731   6.17     124,731   31.12.08
    115,881 6.99     115,881   31.12.09
  246,189         240,612    
Mr Whittaker 113,391   6.17     113,391   31.12.08
    107,298 6.99     107,298   31.12.09
  113,391         220,689    

Note:

(1) Awards were granted on 28 April 2005 and these awards have now lapsed.

For any awards that have vested, participants holding option-based awards can exercise their right over the underlying share equivalents at any time up to ten years from the date of grant.

No variation was made to any of the terms of the plan during the year. See Performance measures.