Brambles Industries PLC
07 March 2003
BRAMBLES INDUSTRIES PLC
GRANT OF OPTIONS AND PERFORMANCE SHARES
We wish to advise that the following grants of options and share awards have
been made under the Brambles 2001 Executive Share Option Plans ('Option Plans')
and the Brambles 2001 Executive Performance Share Plans ('Performance Share
1. Option Plans
Under the Option Plans:
(a) Options have been granted as at 6 March 2003 over 368,052 Brambles
Industries plc ('BIP') shares at an exercise price of £1.49 per share; and
(b) Options have been granted as at 6 March 2003 over 572,282 Brambles
Industries Limited ('BIL') shares at an exercise price of A$4.32 per share.
The Options will lapse if they are not exercised in accordance with their terms
on or before 6 March 2009.
2. Performance Share Plans
Under the Performance Share Plans:
(a) Awards have been granted as at 6 March 2003 with respect to 131,137 BIP
(b) Awards have been granted as at 6 March 2003 with respect to 198,739 BIL
In accordance with the Rules of the Plans, no consideration is payable for the
exercise of the Performance Share Plan awards.
The Performance Share awards will lapse if participants do not receive the
underlying shares in accordance with their terms on or before 6 March 2009.
Contact for queries:
Sandra Walters, Assistant Company Secretary
Tel: 020 7659 6039
7 March 2003
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