58 Directors’ Report 2012 Details of Share Performance Rights granted to Key Management Personnel as part of remuneration for the year ended  30 June 2012  Balance at  1 July 2011 SPRs deposited  (deducted) during  the year (a) SPRs  notionally  granted  during  the year SPRs adjustments granted during the year (b) Fair value per SPR at grant date (c) SPRs  vested  during  the year (d) SPRs  forfeited during  the year Balance at 30 June 2012 Michael Fraser TSR share bank account 50,051   –   –  1,101  Various (20,020)  –  31,132  EBIT/Funds Employed  share bank account 18,164  (41,152)  –  (843) Various  –   –  (23,831) Notional grant 22-Jun-12  –   –  146,171  5,357  $14.53  –   –  151,528  Notional grant 20-Jun-11 137,175  (137,175)  –   –  $7.08  –   –   –  Old LTIP grant 27-Oct-08 107,639   –   –  79  $10.30 (105,486)  –  2,232  313,029  (178,327) 146,171  5,694  (125,506)  –  161,061  Anthony Fowler TSR share bank account 1,066   –   –  23  Various (426)  –  663  EBIT/Funds Employed  share bank account 386  (4,938)  –  (167) Various  –   –  (4,719) Notional grant 22-Jun-12  –   –  24,596  901  $14.53  –   –  25,497  Notional grant 20-Jun-11 16,461  (16,461)  –   –  $7.08  –   –   –  Old LTIP grant 27-Oct-08 5,209   –   –  4  $10.30 (5,104)  –  109  23,122  (21,399) 24,596  761  (5,530)  –  21,550  Ken Hodgson TSR share bank account 5,584   –   –  123  Various (2,234)  –  3,473  EBIT/Funds Employed  share bank account 2,026  (7,222)  –  (190) Various  –   –  (5,386) Notional grant 22-Jun-12  –   –  25,299  927  $14.53  –   –  26,226  Notional grant 20-Jun-11 24,075  (24,075)  –   –  $7.08  –   –   –  31,685  (31,297) 25,299  860  (2,234)  –  24,313  Paul McWilliams TSR share bank account 1,256   –   –  28  Various (502)  –  782  EBIT/Funds Employed  share bank account 456  (2,263)  –  (66) Various  –   –  (1,873) Notional grant 22-Jun-12  –   –  12,017  440  $14.53  –   –  12,457  Notional grant 20-Jun-11 7,545  (7,545)  –   –  $7.08  –   –   –  Old LTIP grant 27-Oct-08 3,132   –   –  2  $10.30 (3,069)  –  65  12,389  (9,808) 12,017  404  (3,571)  –  11,431  Stephen Mikkelsen TSR share bank account 5,617   –   –  124  Various (2,247)  –  3,494  EBIT/Funds Employed  share bank account 2,038  (7,407)  –  (197) Various  –   –  (5,566) Notional grant 22-Jun-12  –   –  27,407  1,004  $14.53  –   –  28,411  Notional grant 20-Jun-11 24,692  (24,692)  –   –  $7.08  –   –   –  Old LTIP grant 27-Oct-08 14,000   –   –  10  $10.30 (13,720)  –  290  46,347  (32,099) 27,407  941  (15,967)  –  26,629  Michael Moraza TSR share bank account 6,223   –   –  137  Various (2,489)  –  3,871  EBIT/Funds Employed  share bank account 2,258  (6,173)  –  (143) Various  –   –  (4,058) Notional grant 22-Jun-12  –   –  22,840  837  $14.53  –   –  23,677  Notional grant 20-Jun-11 20,577  (20,577)  –   –  $7.08  –   –   –  Old LTIP grant 27-Oct-08 7,639   –   –  6  $10.30 (7,486)  –  159  36,697  (26,750) 22,840  837  (9,975)  –  23,649  (a) After testing the SPRs notionally granted on 20 June 2011 against the relevant performance hurdle, the SPRs are deposited into (or deducted from) the relevant share bank account for each  participant. (b) Adjustment grants made to adjust for dilution to the number of SPRs notionally granted on 22 June 2012 and to unvested SPRs for prior years as a result of the rights issue allotment in  June 2012. (c) Fair value of SPRs granted is determined using the Black-Scholes and Monte Carlo simulation methods. (d) SPRs vest at no cost to the recipient providing the relevant performance hurdles are satisfied.