Share price: 108.00p

PERFORMANCE SHARE OPTION PLAN

16th March 2006

On 15 March 2006 executive directors of Cello were granted awards, as summarised below, of options entitling them to acquire ordinary shares of 10p at an exercise price of 10p per share under the new Cello Group plc Performance Share Option Plan, details of which were announced on 14 March 2006.

Executive Director Number of shares over which options granted (% of issued share capital)
Kevin Steeds 191,489 (0.59%)
Mark Scott 191,489 (0.59%)
Mark Bentley 93,617 (0.29%)

In addition, on 15 March 2006, under the Cello Group plc Performance Share Option Plan, executive directors were granted matching awards, as summarised below, of options entitling them to acquire ordinary shares of 10p at an exercise price of 10p per share as a result of their having elected to receive an equal number of Cello shares in lieu of a proportion of their cash bonuses, net of tax and national insurance.

Executive Director Number of shares over which options granted (% of issued share capital)
Kevin Steeds 10,000 (0.03%)
Mark Scott 10,000 (0.03%)
Mark Bentley 5,000 (0.02%)

These options will normally be exercisable on 15 March 2010 subject to continued employment and the extent to which performance conditions have been met.

 

Contact Us

Dianna Hillier

Dianna.Hillier@cellohealth.com

Phone 020 7812 8468

Address

Cello Health plc

Queens House

8-9 Queen Street

London

EC4N 1SP

Registered Office

Queens House

8-9 Queen Street

London

EC4N 1SP

Company Registered

in England no.05120150