Vesting Schedule

Grant Allocation Performance V esting of

Date Tra nche S eries % hurdles a wards Performance conditions

31-Aug-07 1 2007G 100% PBT 0% If aggregate PBT is <$US113.8M at the end of the 2010 fiscal year

50% If aggregate PBT is between $US113.8M and $US136.6M at the

end of the 2010 fiscal year

90% If aggregate PBT is between $US136.6M and $US149.6M at the

end of the 2010 fiscal year

100% If aggregate PBT is $US149.6M or higher at the end of the 2010 fiscal year

29-Feb-08 1 2008A 50% EPS 0% If BEPSG2 < 10%

40% - 70% If average compound BEPSG is between 10% - 12.50% for 3 years from

2007 base year EPS

70% - 100% If average compound BEPSG is between 12.50% - 15% for 3 years from

2007 base year EPS

100% If average compound BEPSG is 15% for 3 years from 2007 base year EPS

2 2008B 50% TSR 0% If TSR < 50th percentile in the ASX 200 Industrials Index

30% If TSR = 50th percentile in the ASX 200 Industrials Index

100%3 If TSR = 75th percentile in the ASX 200 Industrials Index

Proportional vesting of awards will apply for performance between

51st and 75th percentile

31-Aug-08 1 2008C 50% EPS 0% If BEPSG2 < 10%

40% - 70% If average compound BEPSG is between 10% - 12.50% for 3 years from

2008 base year EPS

70% - 100% If average compound BEPSG is between 12.50% - 15% for 3 years from

2008 base year EPS

100% If average compound BEPSG is 15% for 3 years from 2008 base year EPS

2 2008D 50% TSR 0% If TSR < 50th percentile in the ASX 200 Industrials Index

30% If TSR = 50th percentile in the ASX 200 Industrials Index

100%3 If TSR = 75th percentile in the ASX 200 Industrials Index

Proportional vesting of awards will apply for performance between

51st and 75th percentile

26-Sep-09 1 2009A 40% EPS 0% If BEPSG2 < 4%

40% - 70% If average compound BEPSG is between 4% - 6% for 3 years from

2009 base year EPS

70% - 100% If average compound BEPSG is between 6% - 8% for 3 years

from 2009 base year EPS

100% If average compound BEPSG is 15% for 3 years from 2009 base year EPS

2 2009B 30% TSR 0% If TSR < 50th percentile in the ASX 200 Industrials Index

30% If TSR = 50th percentile in the ASX 200 Industrials Index

100%3 If TSR = 75th percentile in the ASX 200 Industrials Index

Proportional vesting of awards will apply for performance between

51st and 75th percentile

3 2009C 30% ROFE 0% If ROFE is less than 25%

50% If ROFE is between 25% - 30% for the 3 year period from 2009 base year.

100% IF ROFE is 30% or more for the 3 year period from 2009 base year.

1. Base Price is the five day average closing price of shares one week prior to the date the HR Committee approved the offer.

2. Basic EPS growth.

3. TSR will initially be measured three years after the grant date. If the hurdles are not met, TSR will be measured three times more at a quarterly intervals. To qualify, the

performance hurdles and vesting conditions must be met at any of four quarterly assessment times within a specified one year window commencing three years from the grant

date. The remaining unvested awards will lapse after that.

The remuneration report ends here. The Directors’ Report continues on page 70.

Grant Allocation Performance V esting of

Date Tra nche S eries % hurdles a wards Performance conditions

31-Aug-07 1 2007G 100% PBT 0% If aggregate PBT is <$US113.8M at the end of the 2010 fiscal year

50% If aggregate PBT is between $US113.8M and $US136.6M at the

end of the 2010 fiscal year

90% If aggregate PBT is between $US136.6M and $US149.6M at the

end of the 2010 fiscal year

100% If aggregate PBT is $US149.6M or higher at the end of the 2010 fiscal year

29-Feb-08 1 2008A 50% EPS 0% If BEPSG2 < 10%

40% - 70% If average compound BEPSG is between 10% - 12.50% for 3 years from

2007 base year EPS

70% - 100% If average compound BEPSG is between 12.50% - 15% for 3 years from

2007 base year EPS

100% If average compound BEPSG is 15% for 3 years from 2007 base year EPS

2 2008B 50% TSR 0% If TSR < 50th percentile in the ASX 200 Industrials Index

30% If TSR = 50th percentile in the ASX 200 Industrials Index

100%3 If TSR = 75th percentile in the ASX 200 Industrials Index

Proportional vesting of awards will apply for performance between

51st and 75th percentile

31-Aug-08 1 2008C 50% EPS 0% If BEPSG2 < 10%

40% - 70% If average compound BEPSG is between 10% - 12.50% for 3 years from

2008 base year EPS

70% - 100% If average compound BEPSG is between 12.50% - 15% for 3 years from

2008 base year EPS

100% If average compound BEPSG is 15% for 3 years from 2008 base year EPS

2 2008D 50% TSR 0% If TSR < 50th percentile in the ASX 200 Industrials Index

30% If TSR = 50th percentile in the ASX 200 Industrials Index

100%3 If TSR = 75th percentile in the ASX 200 Industrials Index

Proportional vesting of awards will apply for performance between

51st and 75th percentile

26-Sep-09 1 2009A 40% EPS 0% If BEPSG2 < 4%

40% - 70% If average compound BEPSG is between 4% - 6% for 3 years from

2009 base year EPS

70% - 100% If average compound BEPSG is between 6% - 8% for 3 years

from 2009 base year EPS

100% If average compound BEPSG is 15% for 3 years from 2009 base year EPS

2 2009B 30% TSR 0% If TSR < 50th percentile in the ASX 200 Industrials Index

30% If TSR = 50th percentile in the ASX 200 Industrials Index

100%3 If TSR = 75th percentile in the ASX 200 Industrials Index

Proportional vesting of awards will apply for performance between

51st and 75th percentile

3 2009C 30% ROFE 0% If ROFE is less than 25%

50% If ROFE is between 25% - 30% for the 3 year period from 2009 base year.

100% IF ROFE is 30% or more for the 3 year period from 2009 base year.

1. Base Price is the five day average closing price of shares one week prior to the date the HR Committee approved the offer.

2. Basic EPS growth.

3. TSR will initially be measured three years after the grant date. If the hurdles are not met, TSR will be measured three times more at a quarterly intervals. To qualify, the

performance hurdles and vesting conditions must be met at any of four quarterly assessment times within a specified one year window commencing three years from the grant

date. The remaining unvested awards will lapse after that.

The remuneration report ends here. The Directors’ Report continues on page 70.