Eng - IOI Group

Directors’ Report cont’dExecutive Share Option Scheme cont’dg) Rights attaching to the IOI SharesThe new IOI Shares to be allotted upon any exercise of the option shall, upon allotment and issue, rank pari passu in all respectswith the existing ordinary shares of the Company save and except that the new IOI Shares will not be entitled to participate in anydividends, rights, allotments and/or other distributions that may be declared, where the record date precedes the date of allotmentof the said shares. The option shall not carry any right to vote at a general meeting of the Company.The movements of the options over the unissued ordinary shares of RM0.10 each in the Company granted under the ESOS duringthe financial year are as follows:No. of share options *OfferedAs at and As atOption price * Date of offer 1 July 2006 accepted Exercised Lapsed 30 June 2007RM2.50 12 January 2006 116,430,000 - (15,835,400) (7,124,000) 93,470,600RM4.30 2 April 2007 - 46,071,000 - - 46,071,000Total 116,430,000 46,071,000 (15,835,400) (7,124,000) 139,541,600The Company has been granted exemption by the CCM from having to comply with Section 169(11) of the Companies Act, 1965 todisclose the list of option holders who are granted options during the financial year to subscribe for less than 1,250,000 shares in theCompany.Option holders who has been granted options to subscribe for 1,250,000 shares and above during the financial year are as follows:No. of ShareName of option holders Option price* options*Lee Sing Hin RM4.30 1,920,000Khoo Tiang Cheng RM4.30 1,350,000Lai Choon Wah RM4.30 1,350,000* Adjusted pursuant to the Share Split on 6 June 2007109ANNUAL REPORT 2007IOI Corporation Berhad