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104
Singapore Airlines Annual Report 05/06
13 Share Capital (in $ million) (continued)
Share option plans (continued)
Terms of share options outstanding as at 31 March 2006:
SATS ESOP
Exercisable period Exercise price Number outstanding Number exercisable
28.3.2001 – 27.3.2010 $2.20 245,550 245,550
28.3.2002 – 27.3.2010 $2.20 15,419,750 15,419,750
28.3.2003 – 27.3.2010 $2.20 245,550 245,550
28.3.2004 – 27.3.2010 $2.20 245,550 245,550
3.7.2001 – 2.7.2010 $1.80 232,475 232,475
3.7.2002 – 2.7.2010 $1.80 3,808,025 3,808,025
3.7.2003 – 2.7.2010 $1.80 235,625 235,625
3.7.2004 – 2.7.2010 $1.80 236,225 236,225
2.7.2002 – 1.7.2011 $1.24 7,500 7,500
2.7.2003 – 1.7.2011 $1.24 1,166,400 1,166,400
2.7.2004 – 1.7.2011 $1.24 8,500 8,500
2.7.2005 – 1.7.2011 $1.24 170,500 170,500
1.7.2003 – 30.6.2012 $1.60 61,450 61,450
1.7.2004 – 30.6.2012 $1.60 2,274,950 2,274,950
1.7.2005 – 30.6.2012 $1.60 267,300 267,300
1.7.2006 30.6.2012 $1.60 474,150
1.7.2004 – 30.6.2013 $1.47 39,200 39,200
1.7.2005 – 30.6.2013 $1.47 2,353,600 2,353,600
1.7.2006 30.6.2013 $1.47 332,425
1.7.2007 30.6.2013 $1.47 332,425
1.7.2005 – 30.6.2014 $2.09 328,475 328,475
1.7.2006 30.6.2014 $2.09 14,952,825
1.7.2007 30.6.2014 $2.09 356,825
1.7.2008 30.6.2014 $2.09 356,825
1.7.2006 30.6.2015 $2.27 392,550
1.7.2007 30.6.2015 $2.27 14,533,550
1.7.2008 30.6.2015 $2.27 392,550
1.7.2009 30.6.2015 $2.27 392,550
Total number of options outstanding 59,863,300 @ 27,346,625
@ The total number of options outstanding includes 7,585,700 share options not exercised by employees who have retired or ceased to be employed by SATS
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 fi ve years from the date of
retirement or cessation of employment, whichever is earlier.
NOTES TO THE FINANCIAL STATEMENTS
31 March 2006