In reply to paul walters:
I'm surprised no-ones mentioned working heart rate. Take your min from your max to get this maximum range and then apply percentages to that.
So 180-60 is working heart rate of 120. 80% of this is 96 which would make 80% heart rate of 156.
I have always had a horrifyingly low max heart rate. I have to be virtually on my knees with blinding lights before I hit 170, yet I can a half marathon with it at 165. More specific aerobic training has seen it go up a little and I can get it to 172-173 now but still nowhere near my theoretical. (I'm 31 so it should be 189. In fact, I've been running seriously 6 years and it's always been 170 so 20-25 bpm below the theory)
I wouldn't worry too much, but use working heart rates.