Board of Directors

Chairman

Mr Miller was appointed a Non Executive Director in 2000 and has been Chairman since 29 October 2002. Mr Miller is a member of the Audit Committee and Chairman of the Nomination and Remuneration Committee. Mr Miller is a Chartered Accountant with over 30 years experience in public practice. Mr Miller is 64 years old.

Executive Director and Chief Executive

Mr Mahoney was appointed a Director and Chief Executive on 28 October 2010. Mr Mahoney was formerly the Chief Operating Officer of HGL. Mr Mahoney has over 25 years of broad experience in a wide range of industries. Mr Mahoney is 52 years old.

Non Executive Director

Mr Constable was appointed a Non Executive Director in 2003. Mr Constable is a member of the Nomination and Remuneration Committee. Mr Constable is an authorised representative of Bell Potter Securities Limited with over 25 years experience in the stockbroking industry. Mr Constable is a Director of Hunter Hall Global Value Limited. Mr Constable is 52 years old.

Non Executive Director

Mr Eley was a Director and Chief Executive from 1985 to 28 October 2010 when he became a Non Executive Director. Mr Eley is a Chartered Accountant. He is a member of the Audit Committee. Mr Eley is a Director of Kresta Holdings Limited, Milton Corporation and Equity Trustees. Mr Eley was a Director of MMC Contrarian Limited from September 2003 to November 2008. Mr Eley is 62 years old.

Non Executive Director

Mr Wolf was appointed a Non Executive Director in 2000. Mr Wolf is the Chairman of the Audit Committee. He is a current director of Abacus Property Group (appointed December 1997), with over 30 years experience in strategic planning, financing and corporate advice. Mr Wolf is 58 years old.