Directors' pension

Three Directors were members of the Company's defined benefit pension scheme. The following Directors had accrued entitlements under the scheme as follows:

	Accrued pension 31 March 2009 £000	Increase in accrued pension in the year £000	Increase in accrued pension in the year in excess of inflation £000	Accrued pension 31 March 2008 £000	Transfer value of increase £000
B H Whitty	44	11	9	33	189
R D Harpin	34	7	6	27	86
I Carlisle1	10	3	3	7	55

The following table sets out the transfer value of the Director's accrued benefits under the scheme calculated in a manner consistent with ‘Retirement Benefit Scheme – Transfer Values (GN 11)‘ published by the Institute of Actuaries and the Faculty of Actuaries.

	Transfer value 31 March 2009 £000	Contributions made by the Director £000	Increase in transfer value in the year net contributions £000	Transfer value £000
B H Whitty	970	—	357	613
R D Harpin	527	—	191	336
I Carlisle1	176	—	83	93

The transfer values disclosed above do not represent a sum paid or payable to the individual Director. Instead they represent a potential liability of the pension scheme.

Four Directors were members of money purchase schemes. Contributions paid by the Company were as follows:

	2009 £000	2008 £000
R D Harpin	65	52
I Carlisle1	40	39
J Florsheim	39	36
J Simpson-Dent	70	60

1 Ian Carlisle left on 31 January 2009

Directors' shareholdings

The beneficial interests of Directors who served at the end of the year, together with those of their families, in the shares of the Company are as follows:

	31 March 2009 £000	31 March 2008 £000
B H Whitty	91,813	101,485
R D Harpin1	11,012,416	11,004,594
J Florsheim	29,167	7,247
J Simpson-Dent	6,903	—
I H Chippendale	3,000	3,000
JM B Gibson	6,675	6,675
A Sibbald	—	—
M C Morris2	—	—

1 Includes an indirect interest of 5,700 shares

2 Mark Morris was appointed on 27 February 2009