BOARD OF DIRECTORS STEPHEN GERLACH  RICHARD MICHAEL HARDING  MICHAEL ANTHONY O’LEARY  PROFESSOR JUDITH SLOAN  JOHN CHARLES ELLICE-FLINT  GRAEME WILLIAM MCGREGOR  CHRISTOPHER JOHN RECNY  PETER CHARLES BARNETT  KENNETH ALFRED DEAN  Annual Report 2004 41 executive Director effective  23 February 2005. Extensive international management and project management experience, including as global head of international consultancy L.E.K.’s natural resources practice – a company he helped establish  in the 1980s. Regional head  of Asia-Pacific for L.E.K. and previously spent eight years with Fluor Corporation as a project manager on, and undertaking feasibility studies for, major resource developments.  3 September 1999. Chairman of  the Audit Committee and member of the Finance Committee and Nomination Committee of  the Board. Director of Santos Finance Ltd. Director of Foster’s Group Ltd, Nufarm Ltd, WMC Resources Ltd and Goldman Sachs JB Were Managed Funds Limited. Member of the Financial Reporting Council. Former Executive Director Finance of The Broken Hill Proprietary Company Limited and former Director of Community Foundation Network Ltd. experience in the international petroleum industry, having held the position of Chief Executive Officer, Shell Financial Services. During his 30-year career with Shell, held several other senior executive positions in treasury, audit, accounting, IT and financial and corporate services. Fellow of the Australian Society of Certified Practising Accountants and member of the Australian Institute of Company Directors.  LLB Age 59. Director since 5 September 1989 and Chairman since 4 May 2001. Chairman of Santos Finance Ltd and of the Environmental and Safety Committee, Finance Committee and Nomination Committee and member of the Remuneration Committee of the Board. Chairman of Futuris Corporation Ltd and Challenger Beston Limited and a Director of Southcorp Ltd. Former Managing Partner of the Adelaide legal  firm, Finlaysons. Former Chairman of Amdel Ltd and Equitoral  Mining Ltd. MSc Age 55. Director since 1 March 2004 and member of the Audit Committee of the Board. Former President and General Manager  of BP Developments Australia Limited and former Vice-Chairman and Council member of the Australian Petroleum Production and Exploration Association. Chairman of the Ministry of Defence Command Support, Training and Simulation Project Governance Board and Director  of Arc Energy Ltd. DipMinE, BSc, FAusIMM, FAIM, FAICD Age 69. Director since  15 October 1996 and member  of the Environmental and Safety Committee of the Board. Director of Newcrest Mining Ltd. Former Chairman of Hamersley Iron, Argyle Diamonds, Dampier Salt, former Deputy Chairman of Bank of Western Australia Ltd and former Director of Rio Tinto Ltd and Rio Tinto plc. BA (Hons), MA, MSc Age 50. Director since  5 September 1994. Chairperson  of the Remuneration Committee and member of the Audit Committee of the Board.  Deputy Chair of the Australian Broadcasting Corporation and Part-time Commissioner of the Productivity Commission. Former Professor of Labour Studies at  the Flinders University of South Australia and Director of the National Institute of Labour Studies. Former Chairperson of SGIC Holdings Ltd and Director  of Mayne Group Ltd. BSc, MSc, MBA Age 51. Independent non- AO, BEc, FCPA, FAIM, FAICD Age 66. Director since  BSc (Hons) Age 54. Managing Director since 19 December 2000, member of the Environmental and Safety Committee of the Board, Director of Santos Finance Ltd and also Chairman of other Santos Ltd subsidiary companies. Thirty years’ experience in the international oil and gas industry including twenty six years with Unocal, including as Senior Vice President: Global Exploration and Technology and Vice President: Corporate Planning and Economics. Member and Chair of the South Australian Museum Board. Santos Board of Directors during Nov ember 2004 Board meeting held at Moomba, Cooper Basin.  Left to right: Graeme McGregor John Ellice-Flint, Peter Barnett, Stephen Gerlach, Michael Harding, Judith Sloan, Michael O’Leary and Frank Conroy (who retired in December 2004). Kenneth Dean and Christopher Recny subsequently joined the Boar d in February 2005. FCPA Age 64. Director since  31 October 1995 and member  of the Environmental and Safety Committee, Nomination Committee, Finance Committee and Remuneration Committee  of the Board. Director of AMCIL Ltd and Opis Capital Ltd. Former Managing Director and Chief Executive Officer of Pasminco  Ltd (1988–1995) and Chief Executive Officer of EZ Industries Ltd. Former director of Mayne Group Ltd. FCPA, MAICD Age 52. Independent non- executive Director effective 23 February 2005. Extensive financial