Director Shareholding

British Airways PLC 10 June 2003 10 June 2003 BRITISH AIRWAYS LONG TERM INCENTIVE PLAN AWARDS The Company has today notified Mr R I Eddington, Mr J F Rishton and Mr M A Street, Directors of the Company, of conditional awards of ordinary share options at nil cost under the British Airways Long Term Incentive Plan of 294,643, 160,714 and 171,429 respectively, which were formally granted to each of them on 9 June 2003. The awards will vest at the end of the three year period starting with the year of the award only if the performance of British Airways measured by total shareholder return ('TSR') relative to companies within the FTSE 100 index is satisfactory. If the British Airways TSR performance places the Company in the top ten per cent then all the share options awarded will be granted; at the 75th percentile in the ranking only sixty-five per cent of the share options awarded will be granted, whilst median performance will deliver thirty per cent of the share options. No awards will vest for less than median performance. Alan Buchanan Company Secretary This information is provided by RNS The company news service from the London Stock Exchange

Companies

Bay Capital (BAY)
UK 100

Latest directors dealings