Director/PDMR Shareholding

GlaxoSmithKline PLC 21 February 2008 Notification of Transactions of Directors and Persons Discharging Managerial Responsibility Vesting of awards made under GlaxoSmithKline's share plans in 2004 This notification, prepared in accordance with Disclosure and Transparency Rule 3.1.4R(1)(a), sets out the vesting of share awards made in 2004, under the GlaxoSmithKline Performance Share Plan. Performance Share Plan The three-year performance period for the GlaxoSmithKline Performance Share Plan (PSP) awards made in 2004, which commenced on 1 January 2005, came to an end on 31 December 2007. The Remuneration Committee of the Board of GlaxoSmithKline plc (GSK) considered the performance achieved in respect of the PSP awards and determined that the PSP awards granted in 2004 vested as set out in the table below. The vesting of these awards was subject to the Company's relative Total Shareholder Return (TSR) performance for the individuals who were Executive Directors or Corporate Executive Team (CET) members at the time the awards were made. For other participants, the vesting of the awards was subject in part to TSR and in part to the Company's Earnings per Share (EPS) growth over the performance period. The following Executive Directors and CET members, who are all Persons Discharging Managerial Responsibility (PDMRs), have received the following final awards in respect of the awards made in 2004. The unvested balance of each award has lapsed. Number of Shares/ADSs vesting Shares ADSs Dr JP Garnier* 86,327 Mr A P Witty* 33,272 Mr R M Bondy 33,272 Mr J M Clarke 20,687 Mr M Dunoyer 12,531 Mr E J Gray 9,177 Mr J S Heslop* 6,698 Mr D Learmouth 4,332 Dr M Slaoui* 9,177 Dr R G Greig** 10,791 Mr W C Louv 4,056 Mr D J Phelan 16,618 Mr D Pulman 10,791 Mr D M Stout 31,941 Mr C Viehbacher* 16,618 * denotes an Executive Director ** deferred until retirement Share Option Plan The three-year performance period for the GlaxoSmithKline Share Option Plan (SOP) awards made to appointed CET members in 2004, at an option price of £11.23 (or US$43.730 in the case of ADSs), which commenced on 1 January 2005, came to an end on 31 December 2007. The performance conditions for this grant were met. The Remuneration Committee of the Board of GSK therefore confirmed that they were exercisable in full. Number of Shares/ADSs exercisable Shares ADSs Dr JP Garnier* 460,000 Mr A P Witty* 177,500 Mr R M Bondy 177,500 Mr M Dunoyer 70,000 Mr J S Heslop* 62,250 Dr R G Greig 57,500 Mr D J Phelan 88,750 Mr D Pulman 57,500 Mr D M Stout 170,000 Mr C Viehbacher* 88,750 * denotes an Executive Director The Company, Directors, and Persons Discharging Managerial Responsibility were advised of these transactions on 21 February 2008. S M Bicknell Company Secretary 21 February 2008 Enquiries: UK Media enquiries: Philip Thomson (020) 8047 5502 Alice Hunt (020) 8047 5502 Gwenan White (020) 8047 5502 US Media enquiries: Nancy Pekarek (215) 751 7709 Mary Anne Rhyne (919) 483 2839 European Analyst/Investor enquiries: David Mawdsley (020) 8047 5564 Sally Ferguson (020) 8047 5543 Gary Davies (020) 8047 5503 US Analyst/ Investor enquiries: Frank Murdolo (215) 751 7002 Tom Curry (215) 751 5419 This information is provided by RNS The company news service from the London Stock Exchange

Companies

GSK (GSK)
UK 100

Latest directors dealings