Grant of Share Options

19 Oct 2006 09:29

Melrose Resources PLC19 October 2006 FOR IMMEDIATE RELEASE 19 October 2006 Melrose Resources plc ("the Company") Grant of share options On 18 October 2006, the Company granted options to Directors over 152,703Ordinary Shares under the terms of the Phantom Share Option Scheme. The optionsare exercisable at 370 pence per Ordinary Share between 18 October 2009 and 18October 2016: Share options Share options outstanding at Granted on outstanding atDirector 17 October 2006 18 October 2006 18 October 2006 No. No. No. R F M Adair 50,955 54,054 105,009J M M Sutherland 351,589 54,054 405,643D F Archer 30,232 44,595 74,827 Notes 1. The options were granted for nominal consideration; 2. A further 257,567 options were granted under the Phantom Share Option Schemeto senior employees of the Company at 370 pence per Ordinary Share; 3. The Company has 102,623,456 Ordinary Shares in issue; 4. The Company now has 1,608,306 share options outstanding, representing 1.6% ofthe issued Ordinary Share capital; For further information, please contact Melrose Resources plcMunro Sutherland, Finance Director 0131 221 3360Chris Thomas, Company Secretary 0207 462 1603 Buchanan CommunicationsTim Thompson/Ben Willey 0207 466 5000 This information is provided by RNS The company news service from the London Stock Exchange