Directors’ Declaration

In the Directors’ opinion:

• a) the fi nancial statements and notes that are set out on pages 73 to 125 and the Remuneration Report in the Directors’ Report, are in accordance with the Corporations Act 2001, including:
  • i) giving a true and fair view of the Group’s fi nancial position as at 30 June 2011 and of its performance for the fi nancial year ended on that date; and
  • ii) complying with Australian Accounting Standards, the Corporations Regulations 2001 and other mandatory professional reporting requirements; and
• b) there are reasonable grounds to believe that the Company will be able to pay its debts as and when they become due and payable.

There are reasonable grounds to believe that the Company and the group entities identifi ed in Note 23 will be able to meet any obligations or liabilities to which they are or may become subject to by virtue of the Deed of Cross Guarantee between the Company and those group entities pursuant to ASIC Class Order 98/1418.

Note 1 confi rms that the fi nancial statements also comply with International Financial Reporting Standards as issued by the International Accounting Standards Board.

The Directors have been given the declarations required by section 295A of the Corporations Act 2001 from the Chief Executive Offi cer and Chief Financial Offi cer for the fi nancial year ended 30 June 2011.

This declaration is made in accordance with a resolution of the Directors.