Rank is worth substantially more than 150p per share ... - Rank Group

Peter Johnson
The Company announced on 14 April 2011 that Peter Johnson intended to retire as Chairman upon appointment of a successor.
Peter Johnson has an appointment letter dated 27 November 2006 under which he was initially appointed as Deputy Chairman
Director from 1 January 2007, with his appointment as Chairman taking effect from 1 March 2007, for an initial period of three
years.
By a letter dated 22 October 2009, Peter Johnson’s term of appointment was extended for a further three years with effect from
1 January 2010.
Either party may terminate Peter Johnson’s appointment as Chairman by giving three months’ notice.
Peter Johnson’s fee for his services as Chairman under the initial letter of appointment was £150,000 per annum. This fee was
increased to £157,500 with effect from 1 January 2011. Peter Johnson is also entitled to an annual contribution of £10,000
towards the cost of a private car and driver.
Richard Greenhalgh
Richard Greenhalgh has an appointment letter dated 5 March 2004 under which he was initially appointed as a director for a
period of 3 years from 1 July 2004.
By a letter dated 28 July 2010, Richard Greenhalgh’s appointment was extended for a further three years with effect from 1 July
2010.
Richard Greenhalgh’s fee for his services as a director was increased by the Company to £40,000 per annum with effect from
1 January 2011 (immediately prior to this his fee was £38,000 per annum).
Richard Greenhalgh receives additional annual fees of £7,500 for chairing the Remuneration Committee and £2,500 for acting as
the Company’s Senior Independent Director.
Save as mentioned above, there are no entitlements to commissions, profit-sharing arrangements or any other specific
compensation payments upon termination under any of the directors’ service agreements or appointment letters.
Owen O’Donnell
Owen O’Donnell has an appointment letter dated 20 August 2008 under which he was appointed as a non-executive director for
an initial period of three years with effect from 11 September 2008.
Owen O’Donnell’s fee for his services as a director under his appointment letter was £38,000 per annum. This fee was increased
to £40,000 per annum with effect from 1 January 2011.
Tim Scoble
Tim Scoble has an appointment letter dated 17 May 2010 under which he was appointed as a director for an initial period of three
years with effect from 22 April 2010.
Tim Scoble’s fee for his services as a director under his appointment letter was £38,000 per annum. This fee was increased to
£40,000 per annum with effect from 1 January 2011.
Bill Shannon
Bill Shannon has an appointment letter dated 28 February 2006 under which he was initially appointed as a director for a period
of three years with effect from 3 April 2006.
By a letter dated 25 February 2009, Bill Shannon’s appointment was extended for a further three years with effect from 3 April
2009.
Bill Shannon’s fee for his services as a director under his appointment letter was £38,000 per annum. This fee was increased to
£40,000 per annum with effect from 1 January 2011.
John Warren
John Warren has an appointment letter dated 19 October 2005 under which he was initially appointed as a director for a period of
three years with effect from 1 January 2006.
By a letter dated 16 December 2008, John Warren’s appointment was extended for a further three years with effect from 1
January 2009.
John Warren’s fee for his services as a director under his initial appointment letter was £38,000 per annum. This fee was
increased to £40,000 per annum with effect from 1 January 2011. John Warren is entitled to an additional fee of £8,500 per
annum for chairing the Audit Committee.
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