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## 30. Employee Benefits (continued) 

## Employee Option Incentive Scheme for Rebel (continued) 

The following table summarises information about options exercised by employees and directors of Rebel under the Employee Option Incentive Scheme during the year ended 30 June 2002: 

<img src='content_image/26550.jpg'>

The fair value of shares issued is estimated to be the market price of shares of Rebel as at close of trading on their respective issue dates. 

At balance date, the following options over unissued ordinary shares were outstanding and vested (or able to be exercised) by employees and directors under the Employee Option Incentive Scheme for Rebel Sports Limited: 

<img src='content_image/26553.jpg'>

*Options issued to individuals who are or have been directors of Rebel Sports Limited. 

## Employee Share Plan 

At the Annual General Meeting of Rebel held on 8 August 1995, an Employee Share Plan (“Plan”) was approved by shareholders. Under the terms of the Plan, the directors of Rebel may propose in each financial year to issue ordinary shares to eligible employees, up to 500 ordinary shares per employee. All permanent employees of Rebel, excluding directors, with longer than one year service with the consolidated entity are classified as eligible employees under the Plan. 

There were no ordinary shares issued pursuant to the Plan in the current or previous financial periods. 

