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Notes to the Financial Statements
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29 8.1.2 Directors’ remuneration Included in wages and salaries are amounts paid to the directors for services during the year: Year ended Year ended 31 Dec 31 Dec 2008 2007 d000’s c000’s Directors’ remuneration (included with wages and salaries) 1,209 1,236 Pension allowances (included within pension allowances) 46 45 Total remuneration included within Personnel Expenditure 1,255 1,281 Termination payments included in exceptional items (note 8.2) 449 No payment was made in relation to the surrender of share options held by G.Cassels. The directors who served throughout the year were: Lee Feldman Kenny Alexander Nigel Blythe-Tinker Appointed on 5 December 2008 Richard Cooper Karl Diacono Served from 1 January 2008 to 4 December 2008 Adrian Smith Gerard Cassels Included within exceptional items are the contractual termination costs, legal fees, and recruitment expenses associated with the board changes in December 2008. 8.1.3 Professional fees The group has legal entities in the following jurisdictions: Luxembourg, Cyprus, Malta, Italy, Netherlands Antilles, Jersey and Israel. The business of Winzingo, is operated from Spain. Accordingly the group seeks professional advice in these and other jurisdictions including the UK where its shares are traded on the Alternative Investment Market (“AIM”) of the London Stock Exchange. During the year, the Group settled legal claims with Fort Knox Consulting LLC which were provided for in 2007. Year ended Year ended 31 Dec 31 Dec 2008 2007 d000’s c000’s (Credit) / Costs incurred in the settlement of fees with Fort Knox Consulting LLC (384) 692 Other professional fees 1,486 1,469 1,102 2,161