Notes to the consolidated financial statementscontinued25. Share capital continuede) International Employee Share SchemeAt 31 March 2008 the following shares were outstanding under the <strong>SABMiller</strong> plc International Employee Share Scheme:2008 2007 Exercise PartialOrdinary Ordinary price vestingDate of grant shares shares £ date from1 January 2003* 296,669 366,669 4.158 01.01.200421 May 2004 673,985 818,319 6.605 21.05.200521 May 2004** 5,000 5,000 6.605 21.05.2007***20 May 2005** 5,000 5,000 8.280 20.05.2008***20 May 2005 867,906 1,030,506 8.280 20.05.200611 November 2005 87,630 87,630 10.530 11.11.200619 May 2006 861,862 932,742 10.610 19.05.200719 May 2006 100,000 100,000 10.610 19.05.2009***19 May 2006** 5,000 5,000 10.610 19.05.2009***10 November 2006 28,350 28,350 10.930 10.11.200718 May 2007 1,050,300 – 11.670 18.05.200818 May 2007 100,000 – 11.670 18.05.2010***18 May 2007** 2,000 – 11.670 18.05.2010***2 August 2007 12,500 – 12.300 02.08.2010**** Granted on 23 May 2003 but effective as at 1 January 2003.** <strong>SABMiller</strong> plc International Employee Share Scheme (Hong Kong and China).*** Three year vesting.4,096,202 3,379,216f) International Employee Stock Appreciation Rights (SAR) SchemeDuring the year the International Employee Stock Appreciation Rights Scheme was modified such that all outstanding shares arenow equity-settled rather than cash-settled. Prior to this modification the group issued to certain employees SAR that require thegroup to pay the intrinsic value of the SAR to the employee at the date of the exercise. The group has recorded a liability of US$ nil(2007: US$48 million) in respect of the SAR scheme.The intrinsic value of liabilities which have vested at 31 March 2008 is US$ nil (2007: US$16 million).As at 31 March 2008 the following awards were outstanding under the <strong>SABMiller</strong> plc International Employee Stock AppreciationRights Scheme:Exercise Partial2008 2007 price vestingDate of award SARS SARS £ date from1 January 2003* 1,036,654 1,207,907 4.158 01.01.200421 November 2003 15,000 45,000 5.537 21.11.200421 May 2004 1,434,407 1,828,217 6.605 21.05.200520 May 2005 1,347,507 1,589,476 8.280 20.05.200619 May 2006 1,387,113 1,575,716 10.610 19.05.200710 November 2006 56,750 56,750 10.930 10.11.200718 May 2007 1,661,260 – 11,670 18.05.200816 November 2007 68,700 – 13.320 16.11.2008* Granted on 23 May 2003 but effective as at 1 January 2003.7,007,391 6,303,066112 Notes to the consolidated financial statements<strong>SABMiller</strong> plc <strong>Annual</strong> <strong>Report</strong> 2008
25. Share capital continuedOutstanding share awardsThe following table summarises information about share awards outstanding at 31 March:WeightedWeightedaverageaverageremainingremainingcontractualcontractualNumber life in years Number life in yearsRange of exercise prices 2008 2008 2007 2007Share awards designated in Pounds Sterling£0 5,208,343 1.5 3,734,376 1.3£4-£5 2,690,215 4.5 3,433,128 3.2£5-£6 1,265,176 4.0 1,564,739 4.9£6-£7 3,161,833 6.1 4,340,096 3.5£8-£9 4,064,521 7.1 4,614,388 4.7£10-£11 5,021,244 8.1 5,418,363 6.0£11-£12 5,117,860 9.1 – –£12-£13 172,540 9.5 – –26,701,732 6.1 23,105,090 4.0Share awards designated in South African RandsR30-R40 – – 50,000 1.5R40-R50 458,150 2.2 716,200 2.9R50-R60 860,432 4.6 1,092,164 5.6R60-R70 2,229,500 4.8 3,049,000 5.7R70-R80 713,500 6.1 743,500 7.1R80-R90 115,700 4.2 361,300 5.2R90-R100 1,822,157 6.9 2,048,299 7.9R110-R120 245,000 7.4 245,000 8.4R120-R130 2,182,360 7.9 2,462,360 8.9R140-R150 932,500 8.6 1,004,500 9.6R160-R170 985,150 9.1 – –R170-R180 37,500 9.3 – –R180-R190 1,907,900 9.6 – –Exercisable sharesThe following table summarises information about exercisable share awards outstanding at 31 March:12,489,849 7.0 11,772,323 7.039,191,581 6.4 34,877,413 5.0WeightedWeightedaverageaverageexerciseexerciseNumber price Number price2008 2008 2007 2007Share awards designated in Pounds Sterling 11,959,261 7.12 10,352,015 6.10Share awards designated in South African Rands 2,117,850 62.1 1,627,200 54.9Overview Operating and financial review Governance Financial statements Shareholder informationNotes to the consolidated financial statements 113<strong>SABMiller</strong> plc <strong>Annual</strong> <strong>Report</strong> 2008