As required by NZX Listing Rule 3.3.1 B (a), the Board of Skellerup Holdings
Limited (SKL) has determined that the following Directors are independent, as
defined by NZX Listing Rule 1.1.2:
Elizabeth Coutts (Chair of the Audit and Risk Management Committee)
Ian Parton
End CA:00229352 For:SKL Type:DIRECTOR Time:2012-11-05 16:30:06