annual report 2007 - the Admiral Group plc

34 REMUNERATION REPORTDirectors’ shareholdings - AuditedDirectors’ interests in the ordinary shares of the Company are set out below:Executive Directors31 December2007Ordinary shares of 0.1p31 December2006Kevin Chidwick* 1,796 213Henry Engelhardt ** 40,466,720 40,466,720David Stevens *** 10,084,000 19,768,000Non-executive DirectorsAlastair Lyons 615,600 615,600Manfred Aldag - -Martin Jackson - -Keith James 44,500 44,500Margaret Johnson - -Lucy Kellaway - -John Sussens 8,000 8,000* Kevin Chidwick holds 546 shares (2006: 213) within the Group’s SIP details of which are shown below** Include amounts held by family members and in trusts settled by family members*** David Stevens and his wife transferred 9,884,000 shares to The Waterloo Foundation, a charitable foundation theyestablished in February 2007Directors’ remuneration - AuditedRemuneration for the year ended 31 December 2007 was as follows:Basesalaryand feesBonusesandotherBenefits2007Total2006TotalExecutive Directors (£000) (£000) (£000) (£000) (£000)Kevin Chidwick * 210 34 3 247 75Henry Engelhardt 298 - - 298 285David Stevens 254 - - 254 250Chairman and Non-executiveDirectorsAlastair Lyons ** 90 - - 90 75Manfred Aldag 6 - - 6 6Martin Jackson 36 - - 36 30Keith James *** 46 - - 46 38Margaret Johnson 34 - - 34 11Lucy Kellaway 31 - - 31 10John Sussens 38 - - 38 35Totals 1,043 34 3 1,080 815* £34,000 of other payments to Kevin Chidwick relate to relocation expenses** Alastair Lyons waives 25% of his annual fee which is currently £120,000*** Keith James also received £5,000 for chairing the Board of Admiral Insurance Company Limited and £5,000 for chairingthe Board of Inspop.com Limited