S TAT U T O RY D I S C L O S U R E S

DiSCLoSure oF intereStS
The following are disclosures of interest given by the Directors: Bw mogridge Director and shareholder Rakon Ltd (Chairman) Mainfreight Ltd IEF Entertainment Pty Ltd (Chairman) Mogridge and Associates Ltd (Chairman) Director Yealands Wine Group Ltd (Chairman) Bupa Care NZ Ltd (Chairman) Ownership of limited partnership interests in Torchlight Fund No .1 LP gCD Kerr Director and shareholder Australasian Equity Partners (GP) No .1 Ltd Ownership of limited partnership interests in Australasian Equity Partners Fund No .1 LP During the year GCD Kerr disposed of his limited partnership interests in Torchlight Fund No .1 LP as well as his beneficial interest in Heartland New Zealand Ltd .

generaL DiSCLoSure
All directors have provided a general notice that they may from time to time undertake personal business transactions with the Company, including utilising the Companys services . All such transactions are carried out in accordance with the Companys normal business criteria for those types of transactions . The company obtains consulting services from Naylor Partners Pty Ltd of which R Naylor is a director and shareholder, and legal services from Tinkler & Co . These services are provided on normal commercial terms .

inFormation uSeD BY DireCtorS

No notices were received from directors of the Company requesting to disclose or use Company information received in their capacity as directors which would not otherwise have been available to them .

inDemniFiCation anD inSuranCe oF DireCtorS anD oFFiCerS

The Company has given indemnities to directors and selected employees and has arranged insurance for directors and officers of the Company and its subsidiaries . These indemnify and insure directors and officers against liability and costs for actions undertaken by them in the course of their duties to the extent permitted by the Companies Act 1993 . The cost of the insurance premiums to the Company and its subsidiaries for the year was $49,231 .

PYNE GOULD CORPORATION LIMITED ANNUAL FINANCIAL REPORT 2012 73