Director/PDMRs shareholdings
22 January 2009easyJet plc announces that the following directors and PDMRs have been awarded Performance Shares under the easyJet Long Term Incentive Plan (‘LTIP’):
| . | Award 1 | Award 2 | Total Award |
| Andrew Harrison | 205,039 | 153,779 | 358,818 |
| Jeff Carr | 125,108 | 93,831 | 218,939 |
| Mike Campbell | 74,717 | 56,038 | 130,755 |
| Toby Nicol | 50,390 | 37,793 | 88,183 |
| Tim Newing | 57,341 | 43,006 | 100,347 |
| Cor Vrieswijk | 95,569 | 71,676 | 167,245 |
These are subject to the performance conditions shown below:
Award 1
These awards will vest in three years subject to the satisfaction of Return on Equity targets measured by reference to a three year performance period as follows:
| . | Threshold (25% vests) | Target (50% vests) | Maximum (100% vests) |
| Return on Equity Year ending 30 September 2011 | 7% | 10% | 13% |
Award 2
These awards will vest in three years subject to the satisfaction of a minimum Return on Equity of 10% in the financial year ending 30 September 2011 and the company’s short term operational and financial performance based on 2009 annual bonus targets.
For further details, please contact
Toby Nicol, Corporate Communications 01582 525339
Rachel Kentleton, Investor Relations 01582 525258