EDDIE SMITH

Non-Executive Chairman

Mr Smith was appointed as a Non-Executive Director on 19 March 2003 and subsequently Chairman on 19 October 2004.  Due to recent illness, Mr Smith has elected to temporarily step down from his position as Executive Chairman and has appointed Mr Greg Smith as his alternative.

Mr Smith is a Perth based experienced investor and corporate executive with extensive experience in managing and growing companies through significant equity participation and active strategic input.

His past directorships have included companies with activities in Australia, the Middle East, Europe, Malaysia and Indonesia.