INSTRUCTIONS - Realview

DIRECTORS’ REPORTFor the year ended 30 June 2009Remuneration report cont.B Details of remuneration cont.(i) Remuneration paid cont.2009 Short term benefitsNon-Cash salary STI monetary& fees payment benefits OtherName $ $ $ $Non-Executive DirectorsS J C Wise (Chairman) 176,255 – 17,068 (12) –D W Bailey 94,037 – – –B J Gibson 94,037 – – –P C Lockyer 96,153 – – –R K Rae 87,156 – – –Total Non-Executive Directors 547,638 – 17,068 –Executive DirectorT J Lehany (1) 262,085 120,000 763 –E Eshuys (2) 514,740 480,000 8,819 –Other key management personnelM Reed (3) 186,527 42,780 574 –I Bird (4) 5,952 – 1,250 –G Campbell-Cowan 371,255 154,000 4,804 –G Viska (5) 180,940 – 2,360 23,903 (10)R Kennedy 286,255 120,000 4,804 –P Thompson (4) 3,644 – 1,250 –A McArthur (6) 236,255 85,000 – 39,447 (11)Total senior executives 2,047,653 1,001,780 24,624 63,350(1) Mr Lehany was appointed as Chief Executive Officer on 2 March 2009.(2) Mr Eshuys resigned on 2 March 2009. Refer to section B(iii) for details on payments made to Mr Eshuys on ceasing employmentwith the Company.(3) Mr Reed was appointed as Chief Operating Officer on 12 January 2009.(4) Mr Bird and Mr Thompson resigned on 4 July 2008.(5) Mr Viska was made redundant on 30 January 2009.(6) Mr McArthur commenced as Acting General Manager Exploration on 4 July 2008.(7) The value of options disclosed as remuneration is the portion of the fair value of the options recognised in the reporting period.(8) For current employees, the amount represents the long service leave expense accrued for the period. For employees who resignedduring the year, the amount represents the payment made to them on termination relating to pro-rated long service leave owing.(9) Termination payments include amounts for accrued annual leave owing at the date of the employee’s resignation.(10) Living away from home allowance.(11) Stamp duty paid on house purchase upon relocation.(12) Represents carpark, mobile phone, and other administrative benefits.34