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              [html]<thead><tr><td></td><td>PERIFORMANCE AGALNST TARGETS</td><td>Long - term target</td><td>2006 performance</td></tr></thead><tbody><tr><td>Comments</td><td>Production growth</td><td>6 – 8 %</td><td>- 13.1 %</td></tr><tr><td>Moomba incident impact</td><td>Reserve replacement ratio</td><td>> 140 %</td><td>121 %</td></tr><tr><td>Excludes Jeruk exploration success</td><td>Reserve replacement cost per boe</td><td>< US $ 5.50</td><td>US $ 12.37</td></tr><tr><td>Impacted by development focus in 2004</td><td>Netback</td><td>> A $ 22</td><td>A $ 21</td></tr><tr><td>On target</td><td>EBITDA growth per share</td><td>> 10 %</td><td>8.8 %</td></tr><tr><td>Improving trend</td><td>Return on capital employed</td><td>> 10 %</td><td>9.4 %</td></tr></tbody>
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