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## LOANS TO DIRECTORS AND EXECUTIVES 

There were no loans outstanding at the reporting date to directors or executives. 

## SHARES UNDER OPTION 

As at the date of this report, the total number of unissued ordinary shares in Perseus under option was 8,435,000 as follows: 

<img src='content_image/251001.jpg'>

These options do not entitle the holder to participate in any share issue of Perseus or any other body corporate. There are no options to subscribe for shares in any controlled entity. No other options have been issued. 

## Shares issued on exercise of options 

During or since the end of the financial year, Perseus issued 7,585,000 ordinary shares as a result of the exercise of options as follows: 

No amounts were unpaid on these shares. 

<img src='content_image/250997.jpg'>

