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## 7. Directors’ Emoluments and Interests 

Directors’ emoluments (which are included in administrative expenses in note 3) and interests are given in the Report on Directors’ Remuneration on pages 54 to 67 of this Annual Report. 

## 8. Share-based Payment Expense 

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Share-based payment expense is reflected in operating costs in the Consolidated Income Statement. 

## Share option schemes 

In May 2010, shareholders approved the adoption of new share option and savings-related share option schemes, which replaced schemes approved by shareholders in May 2000. The general terms and conditions applicable to the new share option and savings-related share option schemes were set out in a circular issued to shareholders on 31 March 2010, a copy of which is available on www.crh.com. 

Due to the immateriality of the savings-related schemes’ expense and the level of savings-related share options outstanding, detailed financial disclosures have not been provided in relation to these schemes. 

Details of options granted under the share option schemes (excluding savings-related share option schemes) 

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(a) Granted in April 2012 (2011: April), the level of vesting of these options will be determined by reference to certain performance targets (see page 59). If the performance criteria have been met, these options, or portion thereof as appropriate, may be exercised after the expiration of three years from their date of grant. All options granted have a life of ten years. 

(b) The weighted average share price at the date of exercise of these options was €14.95 (2011: €15.11). 

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