Changes to Board Committees

17 November 2008

The board of directors of AusGroup Limited (the 'Company') wishes to announce the following changes to the board committees which would take effect from 17 November 2008:

1. Mr Stuart Maxwell Kenny replaced Mr Barry Alfred Carson as a member of the Audit Committee;
2. Mr Tan Hup Foi replaced Mr Koh Soo Keong as a member of the Audit Committee; and
3. Mr Barry Alfred Carson replaced Mr Kok Pak Chow as a member of the Nominating Committee.
    

Following the aforesaid changes, the composition of the Audit Committee and the Nominating Committee are as follows:

Audit Committee

• Dr Chew Kia Ngee (Chairman) - Independent Non-Executive Director
• Mr Kok Pak Chow - Independent Non-Executive Director
• Mr Tan Hup Foi - Independent Non-Executive Director
• Mr Stuart Maxwell Kenny - Non-Executive Director

Nominating Committee

• Mr Koh Soo Keong (Chairman) - Independent Non-Executive Director
• Mr Tan Hup Foi - Independent Non-Executive Director
• Mr Barry Alfred Carson - Non-Executive Director
   

The composition of the Remuneration and Human Capital Committee remains unchanged and the members are as follows:

Remuneration and Human Capital Committee

• Mr Barry Alfred Carson (Chairman) - Non-Executive Director
• Mr Koh Soo Keong - Independent Non-Executive Director
• Dr Chew Kia Ngee - Independent Non-Executive Director
• Mr Kok Pak Chow - Independent Non-Executive Director