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ASX Additional Information

NOTE 29 — EMPLOYEE BENEFITS CONTINUED

Management share options granted on or after 5 February 2002 with an expiry date of 30 September 2008

These options vested on 30 September 2006. Since vesting, 1,814,000 options have been exercised to acquire fully paid ordinary shares.

Options on issue under this plan total 743,500 as at 30 June 2008 and, if not exercised, the options will expire on 30 September 2008.
The ability to exercise these options was conditional on the Group achieving certain performance hurdles relating to increases in operating profit
(5% per annum), earnings per share (5% per annum) and the market value of the Company’s share price (10% per annum). The performance
hurdles were evaluated in September 2006 and it was determined that all the relevant applicable hurdles had been achieved.

Executive performance share plan

The establishment of the Executive Performance Share Plan was approved by shareholders at the 2006 Annual General meeting. Employees

receiving awards under the Executive Performance Share Plan are those of a senior level and above (including the Managing Director).
An employee awarded performance shares is not legally entitled to shares in the Company before the performance shares allocated under the
plan vest. However, the employee can vote and receive dividends in respect of shares allocated to them. Once the shares have vested, they
remain in the trust (refer Note 1(s)(i)) until the earlier of the employee leaving the Group, the tenth anniversary of the date the performance shares
were awarded or the Board approving an application for their release.

Award, vesting and exercise under the plan are made for no consideration.
Set out below is a summary of performance shares awarded under the plan:

Balance at
start of year
Granted
during
the year
Exercised
during
the year
Expired
during
the year
Balance at
end of year
Type of right Grant Date Number Number Number Number Number
The Group and Parent Entity — 2008
Performance shares 18 Feb 2008 — 473,182 — — 473,182
Performance shares 19 Feb 2007 345,422 — — — 345,422
The Group and Parent Entity — 2007
Performance shares 19 Feb 2007 345,422 — — — 345,422

The performance period is three years. None of the performance shares awarded under the plan vested or became exercisable during the year.

Fair value of rights granted

The assessed fair value at grant date of performance shares granted under the Executive Performance Share Plan during the year ended
30 June 2008 was $6.02 (2007 issue : $6.39) for those shares that have earning per share hurdles and $4.31 (2007 issue : $4.63) for those
shares that have total shareholder return hurdles.

Tax exempt share plan

All Australian resident permanent employees (excluding directors) are eligible to participate in the Tax Exempt Share Plan. The Tax Exempt Share
Plan enables participating employees to make salary sacrifice contributions to purchase shares on-market on a monthly basis. The shares in the
Tax Exempt Share Plan are restricted from being traded and must be held for a minimum of three years whilst the participant remains an
employee of the Group. Trading restrictions are lifted on the cessation of employment.

Offers under the Tax Exempt Share Plan are at the discretion of the Company. All shares acquired under the Tax Exempt Share Plan rank equally
with all other ordinary shares.
The total number of shares purchased during the year by employees, under the Tax Exempt Share Plan, totalled 8,344 shares (2007: 7,258 shares).

Employee share plan

At 30 June 2008, the total shares issued under the plan was 177,220. There were no shares issued during the year. The plan is closed to new
members and no offers have been made under the plan since 1998.
The market value of ordinary shares at 30 June 2008 was $4.87.
Note 26 provides details of the movement in the ordinary share capital during the year.

Superannuation

The Parent Entity and controlled entities contribute to several defined contribution superannuation plans — refer also to Note 1(r).
The superannuation contributions recognised as an expense in the Income Statement is detailed below:

THE GROUP PARENT ENTITY

2008
$’000
2007
$’000
2008
$’000
2007
$’000
Superannuation contributions recognised as an expense 6,091 5,751 259 264