Notes to the Financial Statements - SingTel

Directors’ ReportFor the financial year ended 31 March 20115.2 Performance Shares (Cont’d)Balance Share Share Share Balanceas at awards awards awards as at1 April 2010 granted vested cancelled 31 March 2011Date of grant (’000) (’000) (’000) (’000) (’000)Performance shares(Senior Management Awards)For senior management29.05.07 1,534 - (1,534) - -04.06.08 1,574 - - (37) 1,53703.06.09 2,290 - - - 2,29003.06.10 - 2,538 - - 2,5385,398 2,538 (1,534) (37) 6,365For Group Chief Executive Officer(Chua Sock Koong)29.05.07 440 - (440) - -04.06.08 453 - - - 45303.06.09 629 - - - 62903.06.10 - 630 - - 6301,522 630 (440) - 1,712Sub-total 6,920 3,168 (1,974) (37) 8,077Total 56,197 23,796 (15,278) (4,080) 60,635During the financial year, awards in respect of an aggregate of 15,277,552 shares granted under the Share Plan 2004 werevested. The awards under Share Plan 2004 were satisfied in part by the delivery of existing shares purchased from the marketand in part by the payment of cash in lieu of delivery of shares, as permitted under the Share Plan 2004.As at 31 March 2011, no participant has been granted options under the 1999 Scheme and/or received shares pursuant tothe vesting of awards granted under the Share Plan 2004 which, in aggregate, represents five per cent or more of theaggregate of -(i)the total number of new shares available under the Share Plan 2004 and the 1999 Scheme collectively; and(ii) the total number of existing shares purchased for delivery of awards released under the Share Plan 2004.ANNUAL REPORT 2010/2011 87