| Based on the stipulations of the share option plans, these warrants become exercisable from June 2009 onward. |
| Options are, or will be, exercisable for an equivalent number of common shares. |
| Waters states that the right of indemnity is not only exercisable against the trust property, it is also a first charge on that property, taking priority over other interests. |
| For termination without cause, the participant may exercise outstanding exercisable options within 90 days of termination. |
| Share options or any other right to acquire shares or to be remunerated on the basis of share price movements should not be exercisable for at least three years after their award. |
| Unless access is restricted by bylaws, all the rights granted are exercisable at night as well as during the day. |
