Whitbread PLC
18 May 2001
WHITBREAD PLC
1. LONG TERM INCENTIVE PLAN
Under the terms of the long-term incentive plan ('the Plan') of Whitbread PLC
('the company') conditional awards at nil cost were made on 17 May to
executive directors of the company in respect of the 3-year performance period
ending 28th February 2004 ('the 2001-2004 Performance Period'). The range of
Whitbread PLC 50p ordinary shares, which each director could potentially
receive in respect of this Performance Period, is as follows: -
Name of Director No. of shares
D M Thomas 24,232
D H Richardson 23,641
W M F Shannon 24,232
A C Parker 19,700
S Miller 19,700
The number of shares, if any, the executive directors will actually receive at
the end of this Performance Period depends upon the company's shareholder
return ('TSR') relative to the other companies within a comparator group over
this period.
2. DIVIDEND RE-INVESTMENT
Prior to the reduction of capital and share consolidation which took effect on
10 May 2001, the following Whitbread Holdings PLC 450p ordinary shares were
acquired as a result of dividend re-investment. Under Halifax PEPs the
following shares were acquired on 23/03/01 at £5.82 : S Miller, 4 shares; D
Richardson, 12 shares; D Thomas, 20 shares (date of notification : 25 April).
Under The Share Centre PEP, D Thomas acquired 30 shares on 05/04/01 at £5.735
(date of notification : 6 April).
Enquiries: Simon C Barratt,
Company Secretary
Telephone: 020 7806 5416
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