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INVESTOR RELATIONS
SHARE OPTIONS AND WARRANTS


Share options

Details of the share options of all Directors are as follows:


Executive:
At 8 September 2009

S McQuillan 85,000

S M King 160,000

P J Kenny 135,000

The share options are exercisable from 2 October 2006 to 7 July 2019 if the basic earnings per share of Avingtrans plc during the period between grant and exercise, is at least equal to the increase in the Retail Price Index during the same period.


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