Management & Governance

Table 3 - Executives' beneficial interests in Rio Tinto shares

Under the Group's shareholding policies the board recommends that non executive directors be encouraged to build up a shareholding equal in value to one year's base fees and executives are encouraged to build up a shareholding equal in value to three times base salary.
Or date of appointment, if later.
Or date of retirement, or resignation, if earlier.
Shares obtained through the exercise of options under the Rio Tinto Share Savings Plan or the Rio Tinto Share Option Plan. The number of shares retained may differ from the number of options exercised.
Shares obtained through the Rio Tinto Share Ownership Plan and/or vesting of awards under the Mining Companies Comparative Plan.
Share movements due to sale or purchase of shares, shares received under the Dividend Reinvestment Plan, shares purchased/sold through the Rio Tinto America Savings Plan or Non Executive Directors' Share Purchase Plan.
These executives also have an interest in a trust fund containing 879 Rio Tinto plc shares at 31 December 2007 (1 January 2007: 864 Rio Tinto plc shares) as potential beneficiaries of the Rio Tinto Share Ownership Trust. At 22 February 2008 this trust fund contained 879 Rio Tinto plc shares.
Shares in Rio Tinto plc are ordinary shares of ten pence each. Shares in Rio Tinto Limited are ordinary shares.
The shareholdings of Tom Albanese, Preston Chiaro and Bret Clayton include Rio Tinto plc ADRs held through the Rio Tinto America Savings Plan.