Brambles Industries PLC
24 October 2005
BRAMBLES INDUSTRIES PLC
Registered number: 4134697
24 October 2005
GRANT OF PERFORMANCE SHARE RIGHTS
We wish to advise that this year's grants under the Brambles Industries Limited
2004 Performance Share Plan, and the Brambles Industries plc 2004 Performance
Share Plan ('Performance Share Plans') have now been finalised.
Details of the grants are set out below.
1 Performance Share Plans
Under the Performance Share Plans:
(a) Awards have been granted as at 21 October 2005 with respect
to 3,278,567* BIL shares; and
(b) Awards have been granted as at 21 October 2005 with respect
to 1,785,011* BIP shares.
In accordance with the Rules of the Plans, no consideration is payable for the
exercise of the Performance Share Plan awards.
Where Performance Share awards are over Share Rights, awards will lapse if
participants do not receive the underlying shares in accordance with their terms on
or before 21 October 2011.
* including a limited number of Phantom Awards
2 Grants to Executive Directors
In addition to the above, in accordance with shareholder approval obtained at
the 2004 Annual General Meetings the following Performance Share Plan awards have also
been granted as at 21 October 2005 to the Group's Executive Directors:
(a) To D J Turner, awards under the Performance Share Plan with
respect to 565,252 BIL shares; and
(b) To M F Ihlein awards under the Performance Share Plan with
respect to 254,168 BIL shares.
These awards will lapse if participants do not receive the underlying shares in
accordance with their terms on or before 21 October 2011.
Tel: +44 (0)20 7659 6020
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