easyJet plc announces that on 3 June 2008, Neil Mills, the Company’s Procurement Director was awarded the following Performance Shares under the easyJet Long Term Incentive Plan (‘LTIP’):
Grant 1: 33,274 shares.
Grant 2: 42,031 Shares.
The LTIP Grants are made with the following performance conditions. Performance relates to the financial year ending 30 September 2010:
| Return On Equity | Threshold (25% Vests) | Target (50% Vests) | Maximum (100% Vests) |
| Grant 1 | 12.5% | 14.0% | 16.5% |
| Grant 2 | 13.5% | 15.5% | 17.5% |
For further details, please contact
Toby Nicol, Corporate Communications 01582 525 339
Rachel Kentleton, Investor Relations 07961 754 468
4 June 2008