Other disclosures

13 Share-based remuneration

The number of stock options and stock appreciation rights (SAR) under the 2003 Stock Option Plan changed as follows:

 

Stock options
Number
  SOP 2003
Tranche 2004
Outstanding options as at 1 January 2009 2,726,658
Outstanding SAR as at 1 January 2009 232,568
Stock options lapsed 26,648
SAR lapsed
0
Stock options exercised 0
SAR exercised 0
Outstanding stock options as at 31 March 2009 2,700,010
Outstanding SAR as at 31 March 2009 232,568

As at 31 March 2009, provisions for the 2006 SAR Plan and the 2006 Long-Term Incentive Plan (2006 LTIP for the Board of Management) amounted to €7 million (31 December 2008: €10 million). No stock options were exercised in the first quarter due to the ongoing share price situation. The issed capital was unchanged as against 31 December 2008; it is composed of 1,209,015,874 no-par value registered shares.

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