REMUNERATION DETAILS OF NON-EXECUTIVE DIRECTORS REMUNERATION OF DIRECTORS AND SPECIFIED EXECUTIVES 2004 REMUNERATION DETAILS OF EXECUTIVE DIRECTOR AND SPECIFIED EXECUTIVES Name Directors’ Committee Post Employment fees fees Non-monetary$^{(2)}$Superannuation (3) Retirement (4) Total $ $ $ $ $ $ Non-executive Directors Barnett, Peter Charles 95,000 15,500 - 9,945 15,569 136,014 Conroy, Francis John  (1) 90,041 14,689 - 9,425 15,927 130,082 Gerlach, Stephen 285,000 - 31,167 11,293 - 327,460 Harding, Richard Michael 91,667 1,000 - 5,040 - 97,707 McGregor, Graeme William 95,000 20,500 - 10,157 15,716 141,373 O’Leary, Michael Anthony 95,000 9,000 - 9,360 16,842 130,202 Sloan, Judith 95,000 19,750 - 10,090 15,403 140,243 Total non-executive Directors 846,708 80,439 31,167 65,310 79,457 1,103,081 Primary Benefits Post Employment Equity (5) Name Fixed remuneration Bonus Non-monetary (2) Superannuation Shares Options Total $ $ $ $ $ $ $ Executive Director Ellice-Flint, John Charles 1,050,000 1,300,000 - 514,500 1,120,000  (6) 274,326 4,258,826 Specified Executives Gouadain, Jacques Elie 371,327 176,600 25,513 24,292 58,939 18,731 675,402 Moore, Paul Derek 311,734 140,600 22,000 40,606 58,819 15,674 589,433 Wasow, Peter Christopher 444,389 307,200 - 49,361 79,052 20,000 900,002 Wilkinson, Richard John 311,875 169,800 - 62,583 62,341 - 606,599 Wood, Bruce James 312,596 128,200 - 29,594 18,900 40,583 529,873 Young, Jonathon Terence 486,306 316,500 - 50,263 83,443 30,833 967,345 Total Specified Executives and  Executive Director 3,288,227 2,538,900 47,513 771,199 1,481,494 400,147 8,527,480 (1) Upon his retirement as a Director on 14 December 2004, Mr F J Conr oy became entitled to a retirement payment of $161,447 in accordance with arrangements previously approved by shareholders. Only $15,927 o f this amount has been disclosed as part of Mr Conroy’s remuneration for the 2004 reporting period, as the balance of the paymen has been provided for in previous reporting periods. (2) Non-monetary are non base remuneration benefits including th cost to the Company of cars (including applicable FBT). (3) Contributions for non-executive Directors are made in accordance with th e Company’s Superannuation Guarantee Charge obligations. (4) This shows provisions made in accordance with arrangements previously approved by shareholders, which amounts have been fully provided for. (5) (a) Includes the notional value of shares granted by the Company durin g the year pursuant to the Santos Employee Share Purchase Plan, 39 Annual Report 2004