A M P H E N O L C O R P O R A T I O N 2 0 0 4 A N N U A L R E P O R T  Stock option activity for 2002, 2003 and 2004 was as follows: The following table summarizes information about stock options outstanding at December 31, 2004:  At December 31, 2003, Kohlberg Kravis Roberts & Co. L.P. ("KKR") owned 27.2% of the Company’s Class A Common  Stock. During the third quarter of 2004, partnerships affiliated with KKR sold all their Class A Common Stock and, as such owned  none of the Company's Class A Common Stock as of December 31, 2004. In 2004, 2003 and 2002, the Company paid KKR fees of  $.5 million, $.9 million, and $1.0 million, respectively for management and consulting services. Average Options Price Options outstanding at December 31, 2001 8,439,394 $13.41 Options granted  1,413,000 21.90 Options exercised  (530,808) 7.09 Options cancelled  (90,496)  18.27  Options outstanding at December 31, 2002 9,249,090 15.04 Options granted  1,231,800 20.09 Options exercised  (2,532,600)  8.11  Options cancelled  (84,540)  21.41  Options outstanding at December 31, 2003 7,863,750 17.99 Options granted  1,062,600 30.30 Options exercised  (1,652,042)  11.50  Options cancelled  (262,100)  22.53  Options outstanding at December 31, 2004  7,012,208  $21.22  Options Outstanding  Options Exercisable  Exercise Price  Shares Average  Price Remaining  Term  Shares Average  Price $6.50 498,700 $6.50 2.38 498,700 $6.50 7.50-15.00 494,380 9.41 4.26 494,380 9.41 12.50-15.00 210,200 14.50 3.30 210,200 14.50 15.50-20.10 1,113,425 20.07 8.27 205,025 20.07 20.11-25.00 3,644,903 22.97 6.24 2,166,743 23.40 27.50-35.00  1,050,600 30.24 9.23  21,600 29.05 7,012,208 $21.22 6.51  3,596,648 $18.39 47