BT 2007 Annual Report Download - page 163

INDIVIDUAL SAVINGS ACCOUNTS (ISAs)
Information about investing in BT shares through an ISA may be obtained from Halifax Share Dealing Limited, Trinity Road, Halifax,
W.Yorkshire HX1 2RG (telephone [phone]). ISAs are also offered by other organisations.
SHAREGIFT
The Orr Mackintosh Foundation operates a charity share donation scheme for shareholders with small parcels of shares whose value
makes it uneconomic to sell them. Details of the scheme are available from ShareGift at www.sharegift.org or telephone
020 7828 1151, or can be obtained from the Shareholder Helpline.
UNCLAIMED ASSETS REGISTER
BT, along with many other UK leading companies, subscribes to Experian’s Unclaimed Assets Register (UAR), a register of individuals
owed unclaimed financial assets such as shareholdings and dividends. UAR provides members of the public with a search device to
trace lost assets. UAR donates a proportion of its income to charity. For further information visit www.uar.co.uk or telephone
0870 241 1713.
EXCHANGE RATES
BT publishes its consolidated financial statements expressed in pounds sterling. The following tables detail certain information
concerning the exchange rates between pounds sterling and US dollars based on the noon buying rate in New York City for cable
transfers in pounds sterling as certified for customs purposes by the Federal Reserve Bank of New York (the Noon Buying Rate).
Year ended 31 March 2003 2004 2005 2006 2007
Period end 1.57 1.84 1.89 1.74 1.97
Averagea1.55 1.71 1.85 1.78 1.91
High 1.65 1.90 1.95 1.92 1.99
Low 1.43 1.55 1.75 1.71 1.74
aThe average of the Noon Buying Rates in effect on the last day of each month during the relevant period.
Month
November
2006
December
2006
January
2007
February
2007
March
2007
April
2007
High 1.9693 1.9794 1.9847 1.9699 1.9694 2.0061
Low 1.8883 1.9458 1.9305 1.9443 1.9235 1.9608
On 11 May 2007, the most recent practicable date for this annual report, the Noon Buying Rate was US$1.9824 to £1.00.
SHARE BUY BACK
The following table gives details of the purchase by BT of its own shares during the 2007 financial year.
Calendar monthaTotal number of shares purchased
Average price paid
per share (pence – net
of dealing costs)
Total number of
shares purchased as
part of publicly
announced plans or
programmes
Maximum number of
shares that may yet
be purchased under
the plans or
programmesb
April 2006 Nil N/A Nil 695,977,855
May 9,850,000 223 9,850,000 686,127,855
June 12,000,000 233 12,000,000 674,127,855
July 4,000,000 238 4,000,000 830,000,000c
August 25,250,000 241 25,250,000 804,750,000
September 18,250,000 255 18,250,000 786,500,000
October 2,000,000 267 2,000,000 784,500,000
November 14,500,000 280 14,500,000 770,000,000
December 16,100,000 301 16,100,000 753,900,000
January 2007 3,000,000 314 3,000,000 750,900,000
February 21,650,000 311 21,650,000 729,250,000
March 20,950,000 301 20,950,000 708,300,000
Total 147,550,000 269.5 147,550,000 708,300,000
aPurchases from April to June 2006 were made in accordance with a resolution passed at the AGM held on 13 July 2005. Purchases from July 2006 to March 2007 were made in accordance with a
resolution passed at the AGM on 12 July 2006.
bThere are no plans or programmes BT has determined to terminate prior to expiration, or under which BT does not intend to make further purchases.
cAuthority was given to purchase up to 850 million shares on 13 July 2005 and 834 million shares on 12 July 2006. These authorities expire at the close of the following AGM, or 15 months following
the date of approval if earlier. The authority given in July 2005 expired on 12 July 2006.
Shareholder information Additional information for shareholders
162 BT Group plc Annual Report & Form 20-F