Report & Accounts - JLT

7. Employee information cont.Equity settled share based paymentsThe Group's equity-settled share-based payments comprise the Restricted Share Scheme and the Performance Share Plan(together “Restricted Share Scheme”), Executive Share Option Scheme and the Sharesave Scheme.IFRS 2 applies to grants made after 7th November 2002, the issue date of the original exposure draft. Since that date the Companyhas made grants under a number of share-based payment arrangements, which are described below:Options Option Number of Performance AssumedSUMMARY OF GRANTS MADE granted price employees criteria lapse rate %Restricted Share Scheme2003 28 March 2,597,897 - 132 Note 1,2 -2003 8 September 584,469 - 28 Note 1,2 -2003 20 November 455,000 - 6 Note 1 -2004 24 September 3,091,124 - 178 Note 1 -2005 30 March 939,000 - 8 Note 1 -2005 6 April 1,860,148 - 150 Note 1 -2005 6 September 463,840 - 19 Note 1 -Sub-total 9,991,478Share Options - Executive Share Option Scheme2003 28 March 70,000 568.50 6 Note 3 35.702003 8 September 661,000 578.00 166 Note 3 5.602004 8 September 971,500 422.00 169 Note 3 5.002005 6 April 3,915,500 387.85 304 Note 3 5.002005 6 September 645,990 400.25 66 Note 3 5.00Sub-total 6,263,990Sharesave Scheme 20032003 30 September - 3 Year 1,516,874 456.50 1,581 No 20.002003 30 September - 5 Year 1,280,712 456.50 655 No 20.00Sub-total 2,797,586Total 19,053,054Financial Statements Jardine Lloyd Thompson Group plc Annual Report & Accounts 200567