Released on: October 22, 2007, 4:11 am

Press Release Author: Postlethwaite & Co

Industry: Small Business

Press Release Summary: Directors of over 100 growth companies learned about how an
employee share scheme can improve business performance, in a one-day conference
organised by the Institute of Directors and the Employee Ownership Centre on 9
October 2007.

Press Release Body: Directors of over 100 growth companies learned about how an
employee share scheme can improve business performance, in a one-day conference
organised by the Institute of Directors and the Employee Ownership Centre on 9
October 2007.

Robert Postlethwaite, founder of the UK law firm POSTLETHWAITE and a speaker at the
event, comments:

\"In recent years, there has been an explosion of interest among UK private companies
in employee share schemes. Entrepreneurs know that a well-designed and operated
scheme can have a significant positive impact on performance and the available tax
incentives also make this route attractive. And although changes announced in the
Pre-Budget Report on the same day as the conference do impact on share scheme tax
incentives, I don’t think this will adversely impact on the popularity of share
schemes\".

Robert explained to delegates how company owners could transfer shares to employees,
using Revenue-approved tax breaks for owners, employees and their company. He was
also a member of the speaker’s panel, responding to a barrage of questions about the
practical operation of a share scheme and how each company can design the solution
which is best suited to them.


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