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85
SIA Annual Report 03/04
Notes to the Financial Statements
31 March 2004
13 Share Capital (in $ million) (continued)
Share option plans (continued)
SATS ESOP
Exercisable period Exercise price Number outstanding Number exercisable
––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––
28.3.2001 – 27.3.2010 $2.50 262,900 262,900
28.3.2002 – 27.3.2010 $2.50 16,698,400 16,698,400
28.3.2003 – 27.3.2010 $2.50 262,900 262,900
28.3.2004 – 27.3.2010 $2.50 262,900 262,900
3.7.2001 – 2.7.2010 $2.10 338,175 338,175
3.7.2002 – 2.7.2010 $2.10 12,483,975 12,483,975
3.7.2003 – 2.7.2010 $2.10 338,175 338,175
3.7.2004 – 2.7.2010 $2.10 339,725
2.7.2002 – 1.7.2011 $1.54 299,500 299,500
2.7.2003 – 1.7.2011 $1.54 7,850,050 7,850,050
2.7.2004 – 1.7.2011 $1.54 445,150
2.7.2005 – 1.7.2011 $1.54 445,150
1.7.2003 – 30.6.2012 $1.90 459,600 459,600
1.7.2004 – 30.6.2012 $1.90 13,402,100
1.7.2005 – 30.6.2012 $1.90 478,500
1.7.2006 – 30.6.2012 $1.90 478,500
1.7.2004 – 30.6.2013 $1.77 336,325
1.7.2005 – 30.6.2013 $1.77 13,056,625
1.7.2006 – 30.6.2013 $1.77 336,325
1.7.2007 – 30.6.2013 $1.77 336,325
––––––––––––––––––––––––––––––––––––––––––––––
Total number of options outstanding 68,911,300 @ 39,256,575
––––––––––––––––––––––––––––––––––––––––––––––
@ The total number of options outstanding includes 3,943,075 share options not exercised by employees who have
retired or ceased to be employed by Singapore Airport Terminal Services Limited or any of its subsidiary companies by
reason of (i) ill health, injury or disability or death; (ii) redundancy; or (iii) any other reason approved in writing by the
Remuneration Committee. The said options are exercisable up to the expiration of the applicable exercise period or the
period of 5 years from the date of retirement or cessation of employment, whichever is earlier.