INSTRUCTIONS - Realview

DIRECTORS’ REPORTFor the year ended 30 June 2009Remuneration report cont.B Details of remuneration cont.(i) Remuneration paid cont.2008 Short term benefitsNon-Cash salary STI monetary& fees payment benefits OtherName $ $ $ $Non-Executive DirectorsS J C Wise (Chairman) 141,870 – – –D W Bailey 73,395 – – –B J Gibson (1) 73,395 – – –P C Lockyer 73,395 – – –R K Rae (8) 16,718 – – –H G Tuten (2) – – – –Total Non-Executive Directors 378,773 – – –Executive DirectorE Eshuys 636,871 125,000 2,223 –Other key management personnelI Bird (5)(6) 386,870 10,000 2,223 –G Campbell-Cowan 336,870 72,500 2,223 –G Viska 284,492 22,500 1,174 23,015 (7)R Kennedy 236,870 63,400 2,223 –P Thompson (5) 236,870 32,500 2,223 –Total senior executives 2,118,843 325,900 12,289 23,015(1) B Gibson elected in lieu of receiving Directors fees as salary to participate in the Non-Executive Directors’ Share Plan from1 October 2007 up to, and including, 31 March 2008.(2) HG Tuten elected not to receive directors’ fees. Mr Tuten resigned on 21 January 2008.(3) The value of options disclosed as remuneration is the portion of the fair value of the options recognised in the reporting period.These options were granted in previous years pursuant to terms approved by shareholders.(4) Represents the long service leave expense accrued for the period.(5) Mr Bird and Mr Thompson resigned on 4 July 2008.(6) The value of options issued to Mr Bird in 2007 has not been included in remuneration on the basis that these options lapsedfollowing his resignation effective 4 July 2008, and no amount was recognised in the reporting period.(7) Living away from home allowance.(8) Mr R Rae was appointed a Director on 9 April 2008.36