text: The listed issued ordinary shares plus the ordinary shares issued pursuant to SESPP represent all of the voting power in Santos. The holdings of the 
  20 largest holders of ordinary shares represent 52.65% of the total voting power in Santos (last year 48.2%) and the holdings of the 20 largest 
  holders of redeemable convertible preference shares represent 43.08% of the issued redeemable convertible preference shares. 
  
  There is no current on-market buy-back. 
  
  The 20 largest shareholders of fully paid ordinary shares in Santos as shown in the Company’s Register of Members at 28 February 2005 were: 