Changes To Compositions Of The Board And The Audit Committee

18 May 2010

The board of directors of AusGroup Limited (the “Company”) is pleased to announce the following appointments with effect from 18 May 2010:-

(1) Mr Kelvin Lee Kiam Hwee has been appointed an independent director of the Company and a member of the audit committee; and

(2) the current acting audit committee chairman Mr Kok Pak Chow has been appointed chairman of the audit committee.

The board considers Mr Kelvin Lee Kiam Hwee to be independent for the purposes of Rule 704(8) of the Listing Manual of the Singapore Exchange Securities Trading Limited (“Listing Manual”).

Henceforth, the compositions of the board and the various board committees are as follows:-

Board of Directors

Dr Chew Kia Ngee (Independent non-executive director and chairman) 
Mr John Fitzgerald Boyd Sheridan (Managing director/CEO)
Mr Stuart Maxwell Kenny (Non-executive director)
Mr Barry Alfred Carson (Non-executive director)  
Mr Kok Pak Chow (Independent non-executive director) 
Mr Tan Hup Foi (Independent non-executive director) 
Mr Kelvin Lee Kiam Hwee (Independent non-executive director) 
 
Audit Committee

Mr Kok Pak Chow (Chairman) 
Mr Tan Hup Foi (Member)  
Mr Stuart Maxwell Kenny (Member) 
Mr Kelvin Lee Kiam Hwee (Member)

Nominating Committee

Dr Chew Kia Ngee (Chairman)
Mr Tan Hup Foi (Member)    
Mr Barry Alfred Carson (Member)

Remuneration & Human Capital Committee

Mr Barry Alfred Carson (Chairman)  
Mr Kok Pak Chow (Member)    
Mr Tan Hup Foi (Member)    

The announcement containing the particulars of Mr Kelvin Lee Kiam Hwee as required under Rule 704(7) of the Listing Manual will be released separately.