CRH Annual Report 2007 PERFORMANCE AND GROWTH

Report on Directors’ Remuneration continuedPension entitlements - defined benefitIncrease in Transfer value Total accruedaccrued of increase in personalpersonal pension dependants’ pension atduring 2007 pension year-end(i) (i) (ii)Executive Directors €000 €000 €000D. W. Doyle - 20 367M. Lee - 49 275W. I. O’Mahony - - 839Increase inTotal accruedaccruedpersonalpersonal pension Transfer value pension atduring 2007 of increase year-end(i)(ii)Non-executive DirectorD. M. Kennedy 11 180 35(i)(ii)As noted on page 51, the pensions of Mr. Doyle, Mr. Lee and Mr. O’Mahony have been capped in line with the provisions of the Finance Act 2006 andMr. O’Mahony’s pension arrangements were fully funded as at end-2004 and as a result no further personal pension benefit accrues. Since the accrualof personal pension has ceased, other than indexation of the accrued pension, no Greenbury pension charge arises - except in the cases of Mr. Doyleand Mr. Lee where dependants’ pensions continue to accrue. The transfer values above represent the increase in the value of these dependants’benefits. These transfer values have been calculated on the basis of actuarial advice. These transfer values do not represent sums paid out or due, butare the amounts that the pension scheme would transfer to another pension scheme in relation to the benefits accrued in 2007 in the event of themember leaving service.Accrued pension shown is that which would be paid annually on normal retirement date.Pension entitlements - defined contributionThe accumulated liablility related to the unfunded Supplemental Executive Retirement Plan for Mr. T.W. Hill is as follows:As at 31st 2007 As at 31stDecember 2007 notional Translation December2006 contribution interest adjustment 2007€000 €000 €000 €000 €000Executive Director(iii)T.W. Hill 836 126 52 (100) 914(iii)Notional interest, which is calculated based on the average bid yields of United States Treasury fixed-coupon securities with remaining terms to maturityof approximately 20 years, plus 1.5%, is credited to Mr. Hill’s account each year.Deferred Shares (iv)New Sharesallotted underAwards ofthe ScripNumber at Deferred Dividend Number at1st January Shares Scheme 31st December2007 during 2007 during 2007 2007 Release date(v)Executive DirectorsT.W. Hill - 8,625 134 8,759 March 2010M. Lee - 5,846 92 5,938 March 2010W. I. O’Mahony - 13,446 210 13,656 March 2010- 27,917 436 28,353(iv) Under the executive Directors’ incentive plan, up to one third of the earned bonus in each year is receivable in CRH shares, deferred for a period of threeyears, with forfeiture in the event of departure from the Group in certain circumstances during that period.(v)The shares awarded during 2007 related to the deferred portion of 2006 bonuses and were included in total remuneration reported for 2006. Theseshares were purchased by the Trustees of the CRH plc Employee Benefit Trust on 7th March 2007 at €32.00 per Ordinary Share.52 CRH