Grant of Options

31 Jan 2005 16:42

Sterling Energy PLC31 January 2005 Sterling Energy PLC ("the Company") Grant of Options On 28 January 2005 the Board of the Company granted options over ordinary sharesof 1p each ("Ordinary Shares") to the following directors of the Company, at anoption price of 17p per Ordinary Share: Director Number of No. of Ordinary Options Granted Shares over which options held following this notification Richard O'Toole 500,000 6,750,000 Harry Wilson 1,750,000 9,650,000 Graeme Thompson 1,250,000 7,950,000 Paul Griggs 2,000,000 2,000,000 Andy Grosse 500,000 3,500,000 Elizabeth Butler 500,000 2,000,000 Peter Wilde 500,000 2,000,000 Alan Levison 500,000 500,000 No consideration was paid for the grant of these options. The period during which these most recently granted options are exercisable is31 January 2007 to 31 January 2015. 31 January 2005 This information is provided by RNS The company news service from the London Stock Exchange