Performance Share Plan

    RNS Number : 3780I
  ASOS PLC
  18 November 2008
   


    18 November 2008


    ASOS plc ('ASOS' or the 'Company')


    Performance Share Plan


    On 18 November 2008, ASOS granted awards under the ASOS Performance Share Plan 2006 (the "PSP") to members of staff. These awards
comprise conditional allocations of ordinary shares of 3.5 pence each in the Company ("Ordinary Shares"), at a value based on the closing
price of the Ordinary Shares on 17 November 2008, being 278.0 pence per Ordinary Share, which will vest on 30 July 2011, subject to the
satisfaction of the relevant performance conditions set by the remuneration committee. 
                                                    
    The Ordinary Shares to satisfy the above awards will be purchased by the trustee of the PSP in the market in accordance with the rules
of the PSP, and a further appropriate announcement will be made in due course.


    For further information:

    ASOS plc                                                                                    Tel: 020 7756 1000
    Nick Robertson, Chief Executive
    Jon Kamaluddin, Finance Director

    Cubitt Consulting                                                                                         Tel: 020 7367 5100
    Simon Brocklebank-Fowler / James Verstringhe    

    JPMorgan Cazenove                        
    Luke Bordewich / Gina Gibson                                                          Tel: 020 7588 2828

    Singer Capital Markets
    Nicholas How / Brad Cheng                                                             Tel: 020 3205 7500

    Note to Editors

    ASOS is rapidly becoming the market leader in the UK online fashion world. The business continues to generate profitable growth despite
continued investment in operational resources and enjoys strong and increasing barriers to entry.

    Established in June 2000 and admitted to AIM in October 2001, ASOS.com is the UK's largest independent online fashion and beauty
retailer and offers over 19,400 branded and own label product lines across womenswear, menswear, footwear, accessories, jewellery and beauty
with approximately 1,150 new product lines being introduced each week.

    Aimed primarily at fashion forward 16-34 year olds, ASOS.com attracts over 4.5 million unique visitors a month and as at 31 October 2008
had 1.88 million registered users and 0.95 million active customers (defined as having shopped in the last 6 months).



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