NOTES TO CONSOLIDATED FINANCIAL STATEMENTS Following are summaries of the activity of the 1993 Share Plan and the 2002 Share Plan for the three years ended  December 31, 2004: $^{ }$1993 SHARE PLAN  OPTIONS AND SHARE AWARDS WEIGHTED WEIGHTED WEIGHTED AVERAGE AVERAGE AVERAGE  2004 2004 PRICE 2003 2003 PRICE 2002  2002 PRICE Balance at January 1  3,055,467 $ 30.46 3,939,200 $ 30.96 3,292,816 $ 29.21 Options Granted  - - 517,000 31.48 510,000 34.59 Exercised  (776,032) 34.75 (1,232,711) 30.45 (142,813) 28.15 Forfeited  (63,981) 30.32 (111,164) 33.16 (333) 24.88 Net options  (840,013) (826,875) 366,854 Share awards Granted  - - 1,071 35.54 294,555 35.07 Forfeited  (13,539) 32.54 (57,929) 32.47 (15,025) 31.15 Net share awards  (13,539) (56,858) 279,530 Balance at December 31  2,201,915 $ 31.57 3,055,467 $ 30.46 3,939,200 $ 30.96 Exercisable options at December 31 182,690 $ 32.78 876,031 $ 33.65 2,017,495 $ 31.32 Vested share awards at December 31 1,121,611 $ 28.01 1,021,349 $ 27.66 880,440 $ 27.12 SHARES AVAILABLE 2002 SHARE PLAN FOR ISSUANCE OPTIONS AND SHARE AWARDS WEIGHTED WEIGHTED WEIGHTED AVERAGE AVERAGE AVERAGE  2004 2004 2004 PRICE 2003 2003 PRICE 2002  2002 PRICE Balance at January 1 4,490,250 616,800 $ 35.96 593,455 $ 36.87 - $ - Current year share adjustment $^{(a)}$  (39,401) Options Granted (412,500) 412,500 42.88 - - 612,486 36.87 Exercised - (129,904) 36.87 (33,876) 36.87 - - Forfeited 77,987 (77,987) 37.68 (72,966) 36.87 (19,031) 36.87 Net options (334,513) 204,609 (106,842) 593,455 Share awards Granted (238,395) 238,395 44.24 147,258 32.44 - - Forfeited 17,181 (17,181) 37.30 (17,071) 31.55 - - Net share awards (221,214) 221,214 130,187 - Balance at December 31 3,895,122 1,042,623 $ 40.33 616,800 $ 35.96 593,455 $ 36.87 Exercisable options at December 31 403,362 $ 40.77 147,095 $ 36.87 - $ - Vested share awards at December 31 41,702 $ 33.95 8,754 $ 31.53 - $  - (a) Current year share adjustment reflects the adjustment to shares available for grant to include share awards granted in connection with options exercised transforming camden 85