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ANNEXURE C – Equity compensation benefits Anglo Platinum Share Option Scheme2003 2002 Employees (1) Employees (1)Directors and others Total Directors and others TotalOutstanding share optionsat 1 January 316 654 2 265 678 2 582 332 432 322 2 853 705 3 286 027Number of share optionsallocated 126 490 1 048 174 1 174 664 5 373 153 782 159 155Number of share optionsexercised (74 873) (385 487) (460 360) (121 041) (716 294) (837 335)Number of share options lapsed (33 900) (80 695) (114 595) – (25 515) (25 515)Outstanding share optionsat 31 December 334 371 2 847 670 3 182 041 316 654 2 265 678 2 582 332Extent to which entitlement toshare options are vested 139 445 1 004 693 1 144 138 54 137 734 906 789 043Number of share optionsallocated during year 126 490 1 048 174 1 174 664 5 373 153 782 159 155Expiry date 2013 2013 2013 2012 2012 2012Allocation price per share (R) 233.24 – 201.20 – 201.20 – 321.90 – 321.97 –279.42 354.63 354.63 324.14 500.16 500.16Aggregate proceeds if shareswere to be issued (Rm) 31.1 276.4 307.5 1.7 62.8 64.5Number of share optionsexercised 74 873 385 487 460 360 121 041 716 294 837 335Allocation price per share (Rm) 66.40 – 35.35 – 35.35 – 60.33 – 29.93 – 29.93 –163.00 205.00 205.00 193.00 310.41 310.41Exercise price per share (Rm) 275.00 – 220.00 – 220.00 – 481.00 – 312.28 – 312.28 –348.90 349.50 349.50 530.80 548.00 548.00Aggregate issue proceeds (Rm) 6.7 35.6 42.3 9.3 65.6 74.9(1) Consists of employees of the Company, JCI Limited and Johnnic Holdings Limited.Terms of the options outstanding at 31 December Allocation price 2003 2002R Number NumberExpiry date31 December 2003 35.35 – 42.02 – 5 00031 December 2004 55.09 – 67.50 30 503 42 47631 December 2005 29.93 – 61.96 45 156 45 15631 December 2006 44.57 – 71.00 58 616 67 44631 December 2007 60.59 – 81.52 47 853 89 37531 December 2008 62.40 – 91.70 497 474 752 05331 December 2009 80.80 – 184.00 526 366 633 54131 December 2010 163.00 – 319.20 565 090 662 89331 December 2011 264.10 – 414.75 130 135 133 80331 December 2012 321.97 – 500.16 131 491 150 58931 December 2013 201.20 – 354.63 1 149 357 –Options are exercisable as follows:20% – 2 years after allocation40% – 3 years after allocation60% – 4 years after allocation100% – 5 years after allocation3 182 041 2 582 332Subject to certain circumstances, which include, inter alia, the retrenchment or death of a participant, eachoption granted will remain in force for a period of ten years from the date of the granting of such option.Where employees retire, options vest on date of retirement.90