Eng - IOI Group

Notes To The Financial Statements cont’d43. SIGNIFICANT RELATED PARTY DISCLOSURES cont’d43.3 Key management personnel compensation cont’dNumber of share options granted to the key management personnel during the financial year is as follows:Group2007 2006’000 ’000Executive share option scheme of the CompanyAt beginning of financial year 36,700 -Granted 3,040 36,700Exercised (4,175) -At end of financial year 35,565 36,700Executive share option scheme of a subsidiaryAt beginning of financial year 800 -Granted - 800At end of financial year 800 800The share options were granted on the same terms and conditions as those to other employees of the Group. The number ofshare options is adjusted pursuant to the Share Split on 6 June 2007.44. CONTINGENT LIABILITIES - UNSECUREDGroupCompany2007 2006 2007 2006RM’000 RM’000 RM’000 RM’000Litigations involving claims for damages and compensation 1,679 2,345 - -Guarantees issued to third parties 8,750 8,442 1,205 971Counter indemnities to banks for bank guarantees issued 13,854 10,391 7,501 4,02524,283 21,178 8,706 4,996A foreign subsidiary of IOI Properties Berhad, IOI Land Singapore Pte Ltd has jointly guaranteed the credit facilities granted to ajointly controlled entity up to SGD 175.5 million being the Group’s 50% share.223ANNUAL REPORT 2007IOI Corporation Berhad