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## Remuneration of Key Management Personnel for year ended 30 June 2011 (Senior Executives) 

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(a) Earned in respect of 2010/2011 financial year and paid in September 2011. 

(b) Includes the value of benefits such as cars, representational spouse travel and entertainment and Fringe Benefits Tax. 

(c) The fair value of LTI SPRs has been calculated using the Black-Scholes and Monte Carlo simulation methods. 

(d) Value of shares acquired under the AGL Share Purchase Plan and other deferred share based payments. 

(e) Resigned in September 2010. 

(f) Includes remuneration received in the financial year prior to appointment as KMP in November 2010. 

(g) Includes salary sacrifice contributions. 

All executives are entitled to four weeks annual leave and long service leave based on statutory entitlements. 

## Remuneration of Key Management Personnel for year ended 30 June 2012 (non-executive Directors) 

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(a) No other benefits either short-term, long-term or termination were provided to non-executive Directors. 

(b) Value of fees allocated to acquire shares under the AGL Share Purchase Plan. 

(c) Includes salary sacrifice contributions. 

## Remuneration of Key Management Personnel for year ended 30 June 2011 (non-executive Directors) 

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(a) No other benefits either short-term, long-term or termination were provided to non-executive Directors. 

(b) Value of fees allocated to acquire shares under the AGL Share Purchase Plan. 

(c) Ceased as an AGL Director in October 2010. 

