On 29 January 2009, the Board of Directors constituted an Audit Committee, a Nominations Committee and a Remuneration Committee in addition to the General Purposes Committee.

Audit Committee

The Audit Committee, which meets at least three times per year, currently comprises the non-executive Directors and is chaired by John Bishop.

Audit Committee Terms of reference

Nominations Committee

The Nominations Committee, which meets at least two times per year, currently comprises both the Executive and non-executive Directors and is chaired by David Forbes.

Nominations Committee Terms of reference

Remuneration Committee

The Remuneration Committee, which meets at least three times per year, currently comprises the non-executive Directors and is chaired by David Forbes.

Remuneration Committee Terms of reference

General Purposes Committee

The General Purposes Committee comprises the two Executive Directors and considers individual business matters which have been specifically delegated to it by the Board.