content_image/200335.jpg content_image/200336.jpg
<img src='content_image/200335.jpg'>

(a) After testing the SPRs notionally granted on 26 February 2010 against the relevant performance hurdle, the SPRs are deposited into (or deducted from) the relevant share bank account for each participant. 

There were nil SPRs vested but not exercisable at 30 June 2011. 

Details of SPRs notionally granted to key management personnel during the 2011 financial year are as follows: 

<img src='content_image/200336.jpg'>

(a) Shares acquired under the AGL Share Purchase Plan in lieu of remuneration non-executive Directors and executives would have received. Beneficial interest held subject to the conditions of the Plan. 

(b) Shares issued as a result of participation in the AGL Dividend Reinvestment Plan. 

(c) Includes shares purchased and disposed in the ordinary course of trading on the ASX, and shares acquired as a result of their take-up of the pro-rata entitlements under the rights issue in June 2012. 

