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: Date of Grant Shares Under Option Exercise Price Expiry Date 7 July 2003 5,834,004 $0.2125 7 January 2007 7 July 2003 594,308 $0.2086 7 January 2007 7 July 2003 2,918,376 $0.2124 7 January 2007 7 July 2003 17,430,243 $0.1138 7 January 2007 28 November 2003 14,252,357 $0.1138 24 May 2008 28 November 2003 485,953 $0.2086 24 May 2008 28 November 2003 2,386,296 $0.2124 24 May 2008 28 November 2003 257,857 $0.2125 24 May 2008 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. 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. Promoting and maintaining high standards of safe work practice and a safe and healthy workplace are integral to our business. 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. 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. 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. 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. OFFICERS’ INDEMNITIES AND INSURANCE OCCUPATIONAL HEALTH, SAFETY, WELFARE AND THE ENVIRONMENT Commitment Injury Frequency Occupational Health, Safety and Welfare Environmental Management 25