Directors' Dealings

RNS Number : 1804Y

Chamberlin PLC

02 July 2008

CHAMBERLIN PLC (THE 'COMPANY')

Directors' Dealings

The Company announces that on 2 July 2008, awards over ordinary shares with a nominal value of 25 pence each in the Company ('Shares') were made under the rules of the Chamberlin & Hill Performance Share Plan and the Chamberlin & Hill Share Option Plan to Directors of the Company, as follows:

Chamberlin & Hill Performance Share Plan ('PSP')

Director	Number of EMI options over Shares awarded	Number of unapproved options over Shares awarded	Total revised number of Shares over which options are held under the PSP
Tim Hair	11,940	14,925	76,860
Mark Bache	17,910	0	56,367
Adam Vickery	13,432	0	47,275

Under the PSP, awards are structured as nil-cost options granted under the Enterprise Management Incentives Scheme ('EMI') contained in Schedule 5 to the Income Tax (Earnings and Pensions) Act 2003. To the extent that an award is granted under the Plan in excess of the EMI individual limit of £120,000, the excess is treated as an Unapproved Option which is subject to the same terms as the EMI Option.

No consideration was paid for the grant of the Options.

The vesting of an Option is subject to the continued employment of the participant and the satisfaction of a performance condition set by the Remuneration Committee of the Company. The Option will normally become exercisable on the third anniversary of the date of grant subject to the satisfaction of a performance condition set by the Remuneration Committee of the Company.

To the extent that an EMI Option or any part of an EMI Option becomes exercisable, it remains exercisable until the tenth anniversary of the date of grant. To the extent that an Unapproved Option or any part of an Unapproved Option becomes exercisable, it remains exercisable for a period of 12 months from the date of vesting.

Chamberlin & Hill Share Option Plan ('SOP')

Director	Number of options over Shares awarded	Total revised number of Shares over which options are held under the SOP
Tim Hair	303,680	505,962
Mark Bache	147,237	250,971

No consideration was paid for the grant of options under the SOP, which are structured as market value options.

The options will normally become exercisable in three equal tranches on each of the third, fourth and fifth anniversaries of the date of grant subject to the satisfaction of performance conditions set by the Remuneration Committee of the Company. To the extent that an option or any part of an option becomes exercisable, it remains exercisable until the tenth anniversary of the date of grant.