content_image/239160.jpg content_image/239159.jpg
## (b) Other Share Options 

The Group had granted other share options over unissued ordinary shares in the Company during the financial year to Directors. 

The exercise price of other share options is based on the weighted average price at which the Company’s ordinary shares are traded on the ASX during the 180 trading days before the options are offered. Other share options may be exercised after the date the option was granted. If there is a change of control of the Company, all unexercised other share options will become immediately exercisable. Other share options granted carry no dividend or voting rights. When exercisable, each other share option is convertible into one ordinary share of the Company. 

Options issued to Directors are approved on a case-by-case basis by shareholders at relevant general meetings. 

The following summary reconciles the outstanding other share options over unissued ordinary shares in the Company at the beginning and end of the financial year: 

<img src='content_image/239160.jpg'>

The weighted average fair value of other share options granted during the financial year was $2.75 (2010: $2.40). 

The weighted average share price when other share options were exercised during the financial year was $7.17 (2010: $10.60). 

Other share options outstanding as at 30 June 2011 had a range of exercise prices from $9.48 to $14.07 (30 June 2010: $2.95 to $14.07) with a weighted average remaining contractual life of 990 days (30 June 2010: 446 days). 

Details of other share options outstanding at the end of the financial year are: 

<img src='content_image/239159.jpg'>

