Grant of Share Options

1 Jul 2005 15:37

Melrose Resources PLC01 July 2005 FOR IMMEDIATE RELEASE 1 July 2005 Melrose Resources plc Grant of share options On 30 June 2005, the Company granted options to Directors over 188,215 OrdinaryShares under the terms of the Phantom Share Option Scheme. The options areexercisable at 314 pence per Ordinary Share between 30 June 2008 and 30 June2015: Director Share options Share options outstanding at Granted on outstanding at 29 June 2005 30 June 2005 30 June 2005 No. No. No. R F M Adair 300,634 50,955 351,589D W Curry 508,546 55,732 564,278J M M Sutherland 474,289 50,955 525,244C C A Thomas 474,289 30,573 504,862 Notes 1. The options were granted for nominal consideration; 2. A further 172,853 options were granted under the PhantomShare Option Scheme to senior employees of the Company at 314 pence per OrdinaryShare; 3. The Company has 78,555,376 Ordinary Shares in issue; 4. The Company now has 2,464,671 share options outstanding,representing 3.1% of the issued Ordinary Share capital; For further information please contact Melrose Resources plcChris Thomas, Corporate Development Director 0207 462 1603Munro Sutherland, Finance Director 0131 221 3360 Buchanan CommunicationsBen Willey 0207 466 5000 This information is provided by RNS The company news service from the London Stock Exchange