Directors' Dealings

CENTRICA PLC 11 October 1999 Centrica plc Long Term Incentive Scheme Awards Centrica plc announces that on 7th October 1999, a conditional allocation of shares in Centrica plc was made by the Trustees of the Centrica Long Term Incentive Scheme to a number of employees, including the following Directors: Director: Conditional LTIS Award of shares: Roy Gardner 272,446 Mike Alexander 142,415 Mark Clare 151,703 Roger Wood 154,799 The base price for the performance of the allocation is 128.86p (being the average of the closing mid-market prices for Centrica plc from 1st October 1998 to 30th September 1999). The percentage of shares that will vest is dependent on meeting performance criteria over a three or four year performance period commencing on 1st October 1999. The performance criteria are based on the Company's Total Shareholder Return (TSR) against that of the other companies within the FTSE 100. The notional share awards shown above represent the maximum award possible if all performance criteria are met at the end of the relevant performance period. At the end of the performance period any shares transferable to a participant will be retained by the trustees for a further two year retention period.

Companies

Centrica (CNA)
UK 100

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