Executive and Sharesave option schemes

Schemes and grant	Option exercise price	Closing reserve 31 December 2005 £m	Charge for 2006 £m	Closing reserve 31 December 2006 £m
2003 executive grant	110.82p	0.4	0.1	0.5
2004 executive grant	152.85p	0.3	0.2	0.5
2004 Sharesave 3 yrs grant	134.11p	0.1	–	0.1
2004 Sharesave 5 yrs grant	134.11p	–	–	–
2004 PSP grant	0.0p*	0.1	0.1	0.2
2005 executive grant	161.77p	0.1	0.2	0.3
2005 Sharesave 3 yrs grant	146.49p	–	0.1	0.1
2005 Sharesave 5 yrs grant	146.49p	–	–	–
2005 PSP grant	0.0p*	0.1	0.1	0.2
2006 executive grant	293.00p	–	0.2	0.2
2006 PSP grant	0.0p*	–	0.1	0.1
		1.1	1.1	2.2

Schemes and grant	Option exercise price	At 1 January	Granted	Exercised	Lapsed	Adjustments	At 31 December	Exercisable
2003 executive grant	110.82p	2,370,674	–	1,329,263	15,970	–	1,025,441	Apr 2006
2004 executive grant	152.85p	2,882,953	–	12,561	187,338	–	2,683,054	Mar 2007
2004 Sharesave 3 yrs grant	134.11p	354,424	–	–	29,933	1	324,490	Jul 2007
2004 Sharesave 5 yrs grant	134.11p	154,335	–	–	11,702	5	142,628	Jul 2009
2004 PSP grant	0.0p*	541,874	–	–	30,881	–	510,993	Mar 2009
2005 executive grant	161.77p	2,571,509	–	10,284	194,207	–	2,367,018	Mar 2008
2005 Sharesave 3 yrs grant	146.49p	522,879	–	–	25,526	–	497,353	Dec 2008
2005 Sharesave 5 yrs grant	146.49p	212,102	–	–	6,594	–	205,508	Dec 2010
2005 PSP grant	0.0p*	594,714	–	–	59,641	–	535,073	Mar 2010
2006 executive grant	293.00p	–	2,290,481	–	116,566	–	2,173,915	Mar 2009
2006 PSP grant	0.0p*	–	385,120	–	41,604	–	343,516	Mar 2011
		10,205,464	2,675,601	1,352,108	719,962	6	10,808,989

* £1 in total per complete exercise.