Randgold Resources Annual Report 2005 41
Average
Average
SHARE OPTION SCHEME Available Granted US$ price Exercised US$ price
Total*
Balance at 31 December 2003 1 941 626 1 987 396 3.14 5 624 318
- 9 553 340
Adjustment to balance
following increase in
share capital
979
-
-
-
-
979
Options exercised during
the period
- (6 000)
- 6 000 11.07
-
Balance prior to share split 1 942 605 1 981 396 2.88 5 630 318
- 9 554 319
Adjustment to balance
following increase in share
capital
114 260
-
-
-
- 114 260
Options exercised during
the period
- (702 925)
- 702 925 9.05
-
Options granted during
the period
(1 316 003) 1 316 003 8.05
-
-
-
Options lapsed during
the period
53 500 (53 500) 3.25
-
-
-
Balance at 31 December 2004 794 362 2 540 974 5.35 6 333 243
- 9 668 579
Adjustment to balance
following increase in
share capital
1 315 589
-
-
-
- 1 315 589
Options exercised during
the period
- (617 260)
- 617 260 13.36
-
Options granted during
the period
(249 000) 249 000 13.79
-
-
-
Options lapsed during
the period
9 000 (9 000) 12.78
-
-
-
Balance at 31 December 2005 1 869 951 2 163 714
- 6 950 503
- 10 984 168
* This shows the total options exercised, granted and available since the inception of the Scheme.