BOARD AND GOVERNANCE

	Ordinary shares of 5p each
	At 26 November 2007 Number	30 September 2007 Number	1 October 2006 Number
IM Grice	3,000	3,000	-
I Henderson	61,000	61,000	38,619
NP Lingwood	25,000	25,000	8,109
JW Matthews	-	-	-
JL Rennocks	10,000	10,000	7,500
Lord Stewartby	-	-	25,000
BM Thompson	175,762	175,762	137,098

Notes:

1. The above table excludes interests in the Company’s Long Term Incentive Plan, disclosed above.
2. Lord Stewartby retired from the Board on 10 January 2007.

As described above, following the vesting of the LTIP awards at 30 September 2006 and 2007, the Executive Directors are able to exercise their vested awards to acquire ordinary shares of 5p each in the Company for an aggregate consideration of £1. The underlying shares are held by the Diploma Employee Benefit Trust and are transferred to the participant on exercise. At 30 September 2006 and 2007 the number of shares which are the subject of vested LTIP awards and are held by each Director were as follows:

		Vested LTIP awards			Share price		Amount
	At 30 Sept 2006 Number	Exercised during 2007 Number	Vested during 2007 Number	At 30 Sept Number	At 30 Sept 2006	At 30 Sept 2007	At 30 Sept 2006	At 30 Sept 2007
							£	£
I Henderson	26,724	(26,724)	14,175	14,175	755.5p	1,103.0p	201,900	156,350
NP Lingwood	27,61	(27,615)	14,175	14,175	755.5p	1,103.0p	208,631	156,350
BM Thompson	45,431	(45,431)	23,625	23,625	755.5	1,103.0p	343,231	260,584

Notes:

1. On 30 November 2006, each participant exercised their option to acquire shares which had vested at 30 September 2006, for consideration of £1. The share price at the date of exercise was £7.855p.

The information set out above under the headings Total Remuneration of the Directors and Directors’ Shareholdings is auditable. All other information provided in the Remuneration Report is not subject to audit.
This report on remuneration has been approved by the Board and signed on its behalf by:

IM Grice

Chairman of the Remuneration Committee
26 November 2007