Remuneration committee
The remuneration committee is responsible for recommending to the Board the broad policy for the remuneration of the Chairman, the Chief Executive, the executive directors and the company secretary. The remuneration of non-executive directors is a matter reserved to the Chairman and executive directors.

Within the terms of the agreed policy, the committee determines:

The committee also monitors the level and structure of remuneration for business unit presidents or managing directors and the head of corporate development.

The remuneration committee consists of the Chairman (who was independent on appointment) and the non-executive directors (all of whom are independent), these being at the date of this report Anthony Reading (chairman), Peter Chambré, John Hughes and John Warren. The Chief Executive may be in attendance by invitation and the committee takes into consideration his recommendations regarding the remuneration of his executive colleagues. The Chief Executive is not involved in discussions concerning his own remuneration.

The committee has appointed Hewitt New Bridge Street to advise on various aspects of the Chairman’s and executive directors' remuneration. They additionally provide services to the committee and to the company in relation to IFRS 2 reporting on the company’s share plans and total shareholder return performance calculations in relation to the company's Performance Share Plan. Hewitt New Bridge Street have been paid £29,323 in respect of services undertaken in 2009 (2008: £34,174).

The terms of reference of the remuneration committee can be found on the company's website and are available on request.