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No options over unissued ordinary shares of St Barbara Mines Limited were granted during or since the end of the fi  nancial year to any of the Directors of the Company and the consolidated entity. However, 44,159,394 options over unissued ordinary shares were granted to RCF, an organisation connected to Mr H Tuten, as follows: 

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No options over unissued ordinary shares of St Barbara Mines Limited were granted during or since the end of the fi  nancial year to the executive of fi  cers of the Company and the consolidated entity. 

## OFFICERS’ INDEMNITIES AND INSURANCE 

The Company has agreed to indemnify the following directors and of fi  cers of the Company, Mr S J C Wise, Mr E Eshuys, Mr H G Tuten, Mr M K Wheatley and Mr E L Boyd, against all liabilities to another person and the Company that may arise from their position as directors and of fi  cers of the Company and its controlled entities, except where the liability arises out of conduct involving a wilful breach of duty. The agreement stipulates that the Company will meet the full amount of such liabilities including costs and expenses. 

The Company has paid or agreed to pay a premium in respect of a contract insuring directors and of fi  cers of the Company. That contract of insurance prohibits the Company disclosing the nature of the liability insured against and the amount of the premium paid therefore. 

## OCCUPATIONAL HEALTH, SAFETY, WELFARE AND THE ENVIRONMENT 

Promoting and maintaining high standards of safe work practice and a safe and healthy workplace are integral to our business. 

## Commitment 

The Company is committed to the concept of sustainable development which requires economic growth to be balanced by good stewardship and the protection of human health and the environment in which we live and work. 

Maintenance of a system of safe work practices, a pro-active approach to control and management of hazards, and the development and improvement of management performance standards are integral to this approach. 

## Injury Frequency 

This year Meekatharra Gold Operations reported 5 Lost Time Injuries (LTI) for the twelve months to 30 June 2004. 

The Lost Time Injury Frequency Rate (LTIFR) for the operation was 19.4 (rolling twelve month average), compared with the industry average of 5. 

This represents a reduced performance compared to the previous year. 

Incident investigations showed that 3 of the 5 Lost Time Incidents related to work conducted in contract drilling and contract demobilization tasks. These investigations highlighted the requirement for changes to the systems of work in these areas, which have been implemented. 

## Occupational Health, Safety and Welfare 

Programs over the year focussed on the continuous improvement in participation of all employees in occupational health and safety issues management and decision making. This was supported by training in the areas of Hazard Identi fi  cation and Emergency Response Planning, together with site OH&S Representative training, in particular targeting improved communications at all levels. 

The workforce commitment to safety performance will continue to focus on improvement of safety systems and awareness which will target the reduction of the LTIFR to or below the industry average. 

## Environmental Management 

The Company recognises that gold mining operations should be developed and managed on the basis of sustainable criteria and must contribute to the bene fi  t of all stakeholders. 

