XZERES Corp. | 2013 | FY | 3


   Stock Options  Weighted Average Exercise Price  Expiry
Date
 Outstanding, February 28, 2011    1,700,000   $1.07   FY 2018
 Issued    1,310,000    1.135   FY 2019
 Exercised    0    0    
 Expired/Cancelled    (535,000)        
 Outstanding, February 29, 2012    2,475,000    1.13    
 Issued    0    0    
 Exercised    0    0    
 Expired/Cancelled    (380,000)        
 Outstanding, February 28, 2013    2,095,000   $1.13    

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