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Annual Report and Accounts 2006/07

Definitions

In this document the following words and expressions shall, unless the context otherwise requires, have the following meanings:

Administrative expenses

Costs not directly incurred in the purchase, processing and distribution of merchandise or support of retail outlets
Adopted IFRS

International Financial Reporting Standards as adopted by the European Union
ADR American Depositary Receipt evidencing title to an ADS
ADS American Depositary Share representing ten Signet Group plc shares
APB Accounting Principles Bulletin (US)
Annual Report Annual Report and Accounts
c.a.g.r. Compound annual growth rate
Company Signet Group plc
Depositary

Deutsche Bank Trust Company Americas, depositary under the amended and restated deposit agreement for the issue of ADRs
Directors The directors of the Company
Earnings per share (EPS)

Profit attributable to shareholders divided by the weighted average number of shares in issue
ESOT Signet Group Employee Share Trust
FAS Statement of Financial Accounting Standards (US)
Fixed charge cover


The ratio of earnings before interest, tax, amor tisation, rent, rates and operating lease expenditure to net finance income and expense plus rents, rates and operating lease expenditure.
FRS Financial Reporting Standard (UK)
FURBS Signet Group Funded Unapproved Retirement Benefit Scheme
GAAP (UK or US) Generally Accepted Accounting Principles
Gearing Net debt as a percentage of total equity
Group Signet Group plc and its subsidiary undertakings
Historic UK GAAP UK GAAP as at 29 January 2005
HMRC HM Revenue and Customs
Holding company Signet Group plc
IAS International Accounting Standard
IFRS International Financial Reporting Standard
Independent (directors) Considered to be independent under the Combined Code
LIBOR London Inter-Bank Offered Rate
LTIP Long Term Incentive Plan
NASD National Association of Securities Dealers
Nasdaq National Association of Securities Dealers Automated Quotations
Net debt

Cash and cash equivalents, less borrowings falling due within one year and borrowings falling due in more than one year
NYSE New York Stock Exchange
Pounds, £, pound sterling, pence or p Units of UK currency

QUEST Signet Group Qualifying Employee Share Trust
Return on capital employed (ROCE) Operating profit divided by monthly average capital employed

RPI Retail Price Index
Sarbanes-Oxley Act Sarbanes-Oxley Act of 2002
SEC Securities and Exchange Commission
Shares


Ordinary shares of 0.5 pence each in Signet Group plc to 4 February 2007; which were redenominated into ordinary shares of 0.9 cents of a US dollar on 5 February 2007
SEC Securities and Exchange Commission
Signet Signet Group plc and its subsidiary undertakings
SORIE Statement of Recognised Income and Expense
SSAP Statement of Standard Accounting Practice (UK)
UK or United Kingdom

United Kingdom, Channel Islands, Isle of Man and the Republic of Ireland
SEC Securities and Exchange Commission
US or United States United States of America
US dollar, $, ¢ or cents Units of US currency