JEFFREY ARTHUR SYDNEY MEWS  Non Executive Director - Appointed 12 August 1998 Jeff Mews is a Fellow of the Institute of Chartered Accountants in Australia, Associate of the Australian Society of Certified Practicing Accountants, Fellow of the Australian Institute of Company Directors and a Fellow of the Taxation Institute of Australia. In 1998 Jeff retired from the partnership of PricewaterhouseCoopers after over 22 years as a partner in the taxation consulting division. Jeff has had extensive experience in the oil, gas and mining industries and has been directly involved, at a senior level, with most major resource projects in Western Australia since the 1970s. He is a past Chairman of the Western Australian Division of the Taxation Institute of Australia. Jeff currently serves as a Member of the Salaries and Allowances Tribunal for the State of Western Australia and is a Founding Governor of the Malcolm Sargent Cancer Fund for Children in Western Australia. Richard Reid is a Fellow of the Institute of Chartered Accountants. After extensive experience in senior auditing positions in London, Belgium and Perth he joined the Clough Group in 1980. Since 1983 he has been the Finance Director of the main operating company. He is a Director of Clough Limited, the listed parent company, and a Director of a number of the Group’s subsidiaries, joint ventures and associates. Richard has been intimately involved in all the Clough Group’s major projects and acquisitions over the past twenty years and the successful listing of both parent company Clough Limited on the Australian Stock Exchange in 1998 and its subsidiary PT Petrosea Tbk on the Jakarta Stock Exchange in 1990. He has significant Australian and overseas experience in Engineering and Construction; Property and other Investments in both Finance and Management Christopher Sutherland is a Fellow of the Institute of Engineers and has extensive experience in offshore and subsea engineering and construction businesses. Previously Managing Director of a major subsea remote system company. Chris is currently the General Manager - Group Strategy for Clough Engineering Ltd. RICHARD MALCOLM REID  Non Executive Director - Appointed 22 September 2000 CHRISTOPHER GLEN SUTHERLAND  Alternate Non Executive Director -Appointed 29 September 2000 28 Gap DIRECTORS’ REPORT