SCHEDULES

SCHEDULE 2Approved share incentive plans

Part 9Trustees

Power of trustees to raise funds to subscribe for rights issue

77

(1)

The trustees may dispose of some of the rights arising under a rights issue in order to be able to obtain sufficient funds to exercise other such rights.

(2)

The power conferred by sub-paragraph (1) is subject to paragraph 72 (duty to act in accordance with participant’s directions).