Annual Reports and Accounts 2007-2008

Financial Statements

• Financial Review
• Corporate Social Responsibility
• Corporate Governance Statement
• Directors' Report
• Remuneration Report
  • Directors’ Emoluments
  • Interests of directors in share options and share plans of the company
  • Interests of directors in shares in the company
  • Remuneration Policy
  • Terms of Reference
  • Service Contracts
  • Bonuses
  • Share Incentive Schemes
  • Cash based Long Term Incentive Plan
• Regulatory Developments
• Report of the Independent Auditor report to the members of Sportingbet Plc

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Remuneration Report

Bonuses

The Company operates a bonus incentive scheme which applies, at differing rates, to the employment terms of the Executive Directors and members of senior management. Part of any payment under this scheme is linked to the annual performance of the business for which they are responsible and is at the discretion of the Board.

The Remuneration Committee reviews the packages and varies individual elements when appropriate from year to year. The Remuneration Committee has policies and procedures in place to monitor the size of potential rewards.

On 14 December 2007 and 1 February 2008 the Remuneration Committee granted Andrew McIver and Jim Wilkinson, respectively, the conditional right to receive a discretionary bonus in shares in the Company. These shares would vest in two equal amounts after the two financial periods ending 2008 and 2009, subject to the Company meeting the same performance conditions as the 2005 and 2006 Share Plans. They would also receive an additional 15% of the award if they retain their shares (subject to a number being sold to meet any tax liability) in 2009.

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