TLD Teesland

RNS Number:9823A
Teesland Plc
04 April 2006


4 April 2006


                      Teesland PLC Long Term Incentive Plan


Teesland PLC ("the Company") announces that on 3 April 2006 it made a grant of
awards in the form of nil cost options over the Company's ordinary shares of 1
pence each under the Long Term Incentive Plan ("LTIP") to Executive Directors as
detailed in the table below.


Name            Role               No. of shares subject    Total no. of awards   
                                               to awards   and options now held  

Mickola Wilson  Executive Director               398,936                398,936

Paul Oliver     Executive Director               287,234                287,234

John Sims       Executive Director               191,489                191,489

Marcus Shepherd Executive Director               141,489                141,489
  
David Seddon    Executive Director               159,574                159,574



Awards granted under the LTIP will ordinarily vest on 3 April 2009 but only to
the extent that certain performance criteria are satisfied by the Company over a
period of three consecutive financial years. No consideration is payable for the
grant of the awards and the receipt of ordinary 1p shares is conditional upon
meeting the performance criteria. It is currently intended that the Company's
Employee Benefit Trust ("EBT") will acquire shares to fulfil any obligation
arising from the vesting of the awards.


The notification of these awards is intended to satisfy the Company's
obligations under Disclosure Rule 3.1.4R and relates to transactions notified in
accordance with both Disclosure Rule 3.1.4R(1)(a) and Disclosure Rule 3.1.4R(1)
(b) (being disclosure made in accordance with section 324 (as extended by
section 328) of the Companies Act 1985).


Marcus Shepherd
Company Secretary


Name of contact and telephone number for queries:

Marcus Shepherd 020 7659 6666




                      This information is provided by RNS
            The company news service from the London Stock Exchange

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