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1. Matthew Spencer was General Manager, Retail until his resignation on 6 January 2012, consequently 29,775 rights granted to him under this plan have now lapsed. 

performance rights granted to each executive will, subject to satisfaction of performance conditions, vest on the basis of one ordinary share for each performance right which vests, at the end of each performance period. 

## e – additional information 

## cash bonuses and performance 

as noted above, for the current year no cash bonuses that were available to be paid to key management personnel based on achievement of financial performance targets and individual KpI’s were paid as a result of the Company not meeting those performance targets. 

## options and performance 

testing for the vesting of options granted under the Company employee option plan is 1 october in each year (for one-third of the options granted). From 1 october 2010 onwards in the event that the initial tranche of options do not vest on initial testing because the tSr performance target for the tested period has not been met, the options do not lapse. there is annual retesting against the 15% compound tSr growth target on 1 october each year through to 2013 for each tranche. 

