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              [html]<thead><tr><td>respect to a proposed appointee to the Board and the workings of the Board and its Committees are</td><td>Board, both specifically for determination of remuneration and generally in relation to</td><td>conveyed in interviews with the</td></tr></thead><tbody><tr><td>management succession planning</td><td>Chairman and induction</td><td>for review by the Board.</td></tr><tr><td>procedures include access to</td><td>4. INDEMNITY, ACCESS T0</td><td>appropriate executives in relation</td></tr><tr><td>INFORMATION AND</td><td>to details of the business of the</td><td>INDEPENDENT PROFESSIONAL ADVICE</td></tr><tr><td>The Chairman of the Board is the Chairman of the Nomination</td><td>Information in respect to indemnity and insurance</td><td>Committee. The current members</td></tr><tr><td>arrangements for Directors and</td><td>of the Nomination Committee,</td><td>senior executives appears in the</td></tr><tr><td>all of whom are independent</td><td>Directors ’ Statutory Report on</td><td>non - executive Directors, are</td></tr><tr><td>page 49 of this Annual Report.</td><td>Mr S Gerlach ( Chairman ), Mr P C</td><td>The Board Guidelines set out the</td></tr><tr><td>Barnett : and Mr G W McGregor.</td><td>circumstances and procedures</td><td>3. REVIEW 0F BOARD AND</td></tr><tr><td>pursuant to which a Director, in</td><td>EXECUTIVE PERFORMANCE</td><td>furtherance of his or her duties,</td></tr><tr><td>The Board Guidelines provide</td><td>may seek independent</td><td>that :</td></tr><tr><td>professional advice at the</td><td>▪ non - executive Directors are</td><td>Company ’ s expense. Those</td></tr><tr><td>to be appointed on the basis</td><td>procedures require prior</td><td>that their nomination for</td></tr><tr><td>consultation with, and approval</td><td>re - election as a Director is</td><td>by, the Chairman and assurances</td></tr><tr><td>subject to review and support</td><td>as to the qualifications and reasonableness of the fees c</td><td>Board ;</td></tr><tr><td>the relevant expert and, under</td><td>▪ there should be appropriate</td><td>normal circumstances, the</td></tr><tr><td>circumstances justifying re -</td><td>provision of the expert ' s advice</td><td>election after a specified</td></tr><tr><td>to the Board.</td><td>period of service as a Director ;</td><td>Density ( mean )</td></tr><tr><td>and</td><td>Pursuant to a deed executed by the Company and each Director,</td><td>▪ the contribution of the Board</td></tr><tr><td>a Director also has the right to</td><td>and of individual. Directors is</td><td>have access to all documents</td></tr><tr><td>the subject of formal review</td><td>which have been presented to</td><td>and discussion on a biennial</td></tr><tr><td>meetings of the Board or to any</td><td>and annual basis, respectively.</td><td>Committee of the Board or</td></tr><tr><td>As the biennial review of the</td><td>otherwise made available to the</td><td>Board and of its Committees was</td></tr><tr><td>Director whilst in office. This right continues for a term of</td><td>conducted by an independent</td><td>seven years after ceasing to be a</td></tr><tr><td>consultant in 2003, no formal</td><td>Director or such longer period as</td><td>performance appraisal of the</td></tr><tr><td>Board was conducted in 2004.</td><td>is necessary to determine relevant legal proceeding :</td><td>Performance evaluation of key</td></tr><tr><td>commenced during that term.</td><td>executives is undertaken on a</td><td>5. REMUNERATION</td></tr><tr><td>quarterly and annual basis by</td><td>The role, responsibilities and</td><td>the CEO and summarised in</td></tr><tr><td>composition of the Remuneration</td><td>presentation to the</td><td>Committee and details of</td></tr><tr><td>Remuneration Committee of the</td></tr><tr></tr><tr></tr><tr></tr><tr></tr><tr></tr><tr></tr><tr></tr><tr></tr><tr></tr><tr></tr><tr></tr><tr></tr><tr></tr><tr></tr><tr></tr><tr></tr><tr></tr><tr></tr><tr></tr><tr></tr><tr></tr><tr></tr><tr></tr><tr></tr><tr></tr><tr></tr></tbody>
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