content_image/230350.jpg content_image/230351.jpg
## (n) Summary of options granted to Contractors 

The following table illustrates the number and weighted average (WAEP) of, and movements in, share options issued to Contractors: 

<img src='content_image/230350.jpg'>

The outstanding balance as at 30 June 2011 is represented by the following table: 

<img src='content_image/230351.jpg'>

## (o) Weighted average remaining contractual life 

The weighted average remaining contractual life for the share options outstanding as at 30 June 2011 is 2.42 years (2010: 1.25). 

## (p) Range of exercise price 

The exercise price for options outstanding at the end of the year was $0.32 (2010: $0.46). 

## (q) Weighted average fair value 

The weighted average fair value of options granted during the year was $0.10 (2010: nil). 

