8. DIRECTORS' INTERESTS

8.1 Other Directorships

Save as set out below, none of the Directors have been a member of any partnerships; or held any directorships of any other company (other than Group companies of which those persons are also directors), at any time in the last five years prior to the date of this document:

Director Current directorships and partnerships Previous directorships and partnerships held in the previous five years
Sir Malcolm Williamson CDC Group plc Pearl Group Holdings (No.1) Limited
National Australia Bank BA (GI) Limited
Cass Business School Strategy & Development Board G4S plc
Clydesdale Bank plc Pearl Group Management Services Limited
National Australia Group Europe Limited Resolution Asset Management Limited
JPMorgan Cazenove Holdings
The Prince of Wales International Business Leaders Forum Resolution Fund Managers Limited
The Prince of Wales Youth Business International Limited Resolution Investment Services Limited
Resolution plc
Securicor Limited
Visa International
Yorkshire Bank plc
Terry Burman Council For Responsible Jewellery Practices Limited -
Jewelers of America
World Diamond Council
Yankee Holding Corp.
Walker Boyd - WH Smith Retail Holdings Limited
(formerly WH Smith Group Plc)
Robert Blanchard - Bandag Inc.
Best Buy Co.
Russell Walls Aviva plc Stagecoach Group plc
Delphic Diagnostics Limited

8.2 Interests of Directors in share capital

The interests of the Directors and their immediate families in the share capital of Signet (all of which are beneficial unless otherwise stated) were as at 4 September 2008 (being the latest practicable date prior to the publication of this document) as follows:

Director Number of Common Shares Percentage of issued sharecapital
Sir Malcolm Williamson 187,375 0.01%
Terry Burman 808,601 0.04%
Walker Boyd 542,798 0.03%
Mark Light 76,454 0.004%
Robert Blanchard 10,010 0.0006%
Dale W. Hilpert 20,000 0.001%
Russell Walls 30,000 0.002%

In the event that the Scheme and the Share Capital Consolidation become effective, the Directors and their immediate families will have the following interests in the Common Shares on LSE Admission:

Director Number of Common Shares Percentage of issued share capital
Sir Malcolm Williamson 9,368 0.01%
Terry Burman 40,430 0.04%
Walker Boyd 27,139 0.03%
Mark Light 3,822 0.004%
Robert Blanchard 500 0.0006%
Dale W. Hilpert 1,000 0.001%
Russell Walls 1,500 0.002%

8.3 Confirmations and conflicts of interest

8.3.1 Confirmations

Save as set out in this paragraph 8.3.1, at the date of this document, none of the Directors has during at least the previous five years to the date of this document:

(A) been convicted in relation to fraudulent offences;

(B) been a member of the administrative, management, supervisory body or senior management of a company associated with any bankruptcies, receiverships or liquidations; or

(C) been subject to any official public incrimination and/or sanctions by any statutory or regulatory authorities (including designated professional bodies) or been disqualified by a court from acting as a member of the administrative, management or supervisory bodies of an issuer or from acting in the management or conduct of the affairs of any issuer.

There are no family relationships between any of the Directors.

Dale Hilpert was appointed chairman, chief executive officer and president of Footstar Inc. in 2003 in order to lead that company through a process of seeking protection from its creditors under Chapter 11 of the United States Bankruptcy Code. The company came out of that process in 2006 having paid all creditors whereupon Mr Hilpert ceased to be a director or hold any other office in relation to the company.

8.3.2 Conflicts of interest

No Director has any actual or potential conflict of interest between his or her duties to the Company and his or her private interests or other duties.

8.3.3 Transactions with Directors

No Director has, or has had, any interest in any transaction which is or was unusual in its nature or conditions or which is, or was, significant in relation to the business of the Group and which was effected by any member of the Group during the current or immediately preceding financial year, or during any earlier financial year, and remains in any respect outstanding or underperformed.

There are no outstanding loans granted by the Company or any Group company to any of the Directors nor has any guarantee been provided by the Company or any Group company for their benefit.

8.3.4 Director appointment arrangements

There are no arrangements or understandings with major shareholders, customers, suppliers or others pursuant to which any Director was selected as a director or senior manager (as the case may be).