Your Directors present their report on the Company and its Controlled Entities for the financial year ended 30 June 2009.

Directors

The names of the Directors in office and at any time during, or since the end of the year are:

• Jim Bosnjak OAM
• Alan Shortall
• Jeff Carter
• William Galle

Directors have been in office since the start of the financial year to the date of this report unless otherwise stated.