This leg of the long-term incentive scheme provides a basic bonus paid after three years according to a variable amount equal to a percentage ranging from 0 to 170% of the amount established for the target performance in relation to the performances achieved in a three-year period as approved by the Board of Directors.

The following table sets out the basic bonus awarded in the year 2008 to the CEO and to the Chief Operating Officers of Eni's Divisions, and the total amount awarded to Eni's senior managers.

Note

(a) Position held until July 31, 2008. 
(b) Appointed on August 1, 2008. 
(c) No. 8 managers. 
(d) Including the deferred bonus granted by Saipem to a manager with strategic responsiabilities, appointed in Eni on August 1, 2008.

The following table presents the amount of stock options awarded to Eni's CEO, the three Chief Operating Officers and Eni's senior managers.

	P. Scaroni (b)	S. Cao (c)	C. Descalzi (d)	D. Dispenza		A. Caridi
Options outstanding at the beginning of the period:
- number of options	1,953,000	406,500	178,500	232,500	269,500(e)	30,500	122,000(f)	1,353,000	110,000(g)
- average exercise price (€)	24.165	24.655	24.713	25.159	3.988	22.509	21.098	23.985	18.953
- average maturity in months	63	62	62	60	61	67	60	61	56
Options granted during the period:
- number of options	634,500	--	85,500	147,500	--	120,000	--	584,000	--
- average exercise price (€)	22.540	--	22.540	22.540	--	22.540	--	22.540	--
- average maturity in months	72	--	72	72	--	72	--	72	--
Options exercised at the end of the period:
- number of options	--	--	--	--	127,500(e)	--	--	68,500	29,.500 (g)
- average exercise price (€)	--	--	--	--	3.530	--	--	16.576	11.881
- average market price at date of exercise (€)	--	--	--	--	4.095	--	--	23.996	24.541
Options expired during the period:
- number of options	--	206,375	--	--	--	--	--	167,550	--
Options outstanding at the end of the period:
- number of options	2,587,500	200,125	264,000	380,000	142,000(e)	150,500	122,000(f)	1,700,950	80,500(g)
- average exercise price (€)	23.767	24.060	24.009	24.142	4.399	22.534	21.098	23.670	21.545
- average maturity in months	55	51	55	56	54	65	48	55	48

Note

(a) No. 8 managers.
(b) The assignment to the CEO have been integrated by a monetary incentive to be paid after three-year in relation to the performance of Eni shares, and is equal to 96,000 options granted in 2006, with a strike price of €23.100 and 80,500 options granted in 2007, with a strike price of €27.451.
(c) In office until July 31, 2008.
(d) Appointed on August 1, 2008.
(e) Options on Snam Rete Gas shares: assigned by the company to Domenico Dispenza who held the position of Chairman of Snam Rete Gas until December 23, 2005.
(f) Options on Saipem shares: assigned by the company to Angelo Caridi who held the position of CEO of Snamprogetti until August 2, 2007.
(g) Options on Saipem shares.

	Stock option plan 2006-2008: 2008 Grant	[0.03 Mb]
	Stock option plan 2006-2008	[0.06 Mb]
	Stock grant plan 2003 - 2005	[0.06 Mb]
	Stock option plan 2002-2005	[0.06 Mb]