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      EARNINGS PER SHARE

The basic earnings per share of 18.4 pence per share for the 2006 financial year compare with 21.5 pence for the 2005 financial year. The following table illustrates the impact of specific items on the basic earnings per share.
      2006
pence
    2005
pence
 

 
Basic earnings per share before specific items
    19.5     18.1  
Specific items
    (1.1 )   3.4  

 
Total basic earnings per share
    18.4     21.5  

 

Basic earnings per share before specific items of 19.5 pence for the 2006 financial year compare with an equivalent of 18.1 pence for the 2005 financial year.
     Diluted earnings per share were not materially different in either year.

 

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