Directors' remuneration

The information provided in the following pages of this report has been audited by KPMG Audit Plc.

				Total remuneration excluding pensions
	Basic salaries and fees £000	Performance payments¹ £000	Benefits² £000	For the year ended 30 September 2009 £000	For the year ended 30 September 2008 £000
Executive Directors
Dr Volker Böttcher³	474	405	12	891	743
Paul Bowtell	490	547	16	1,053	1,005
Peter Long	850	1,238	35	2,122	2,029
Johan Lundgren⁴	597	567	273	1,437	1,109
Christoph Mueller⁵	426		19	445	750
William Waggott	430	435	16	881	835
Non-Executive Directors
Tony Campbell	55			55	55
Clare Chapman	65			65	65
Bill Dalton	55			55	55
Rainer Feuerhake	55			55	55
Dr Michael Frenzel (Chairman)	300			300	300
Jeremy Hicks	70			70	70
Sir Michael Hodgkinson (Deputy Chairman)	200			200	200
Dr Erhard Schipporeit	55			55	50
Dr Albert Schunk	55			55	50
Harold Sher	55			55	50
Giles Thorley	55			55	55
Former Directors					2,402
Total	4,287	3,192	371	7,849	9,878
1. ’Performance payments’ include bonus awards in cash in respect of participation in the Annual Bonus Plan and the Value Creation Synergy Plan but exclude bonus awards in deferred shares, details of which are set out on here. Messrs Böttcher, Bowtell, Long and Waggott achieved the maximum level for both annual bonus and VCSP. Mr Lundgren achieved 86.3% of the maximum for annual bonus and the maximum for VCSP. 2. ’Benefits’ incorporate all tax assessable benefits arising from the individual’s employment. For Messrs Bowtell, Long and Waggott, this relates in the main to the provision of a fully expensed company car or car allowance and private healthcare cover, and for Messrs Böttcher and Mueller the provision of a fully expensed company car or car allowance. In addition to the provision of a fully expensed company car or car allowance and private healthcare cover, Mr Lundgren relocated from Sweden to the UK on 1 August 2009 and received relocation, housing and education benefits. 3. In calculating remuneration for Mr Böttcher, payments made during the year in EUR have been converted at 1.15 units to 1 GBP, being the average exchange rate for the period 1 October 2008 to 30 September 2009. 4. In calculating remuneration for Mr Lundgren, payments made during the year in SEK have been converted at 12.19 units to 1 GBP, being the average exchange rate for the period 1 October 2008 to 31 July 2009. 5. Mr Mueller resigned as a Director on 27 May 2009 and ceased employment on 31 August 2009 due to redundancy. In calculating his remuneration, payments made during the year in EUR have been converted at 1.15 units to 1 GBP, being the average exchange rate for the period 1 October 2008 to 31 August 2009.