Greg Harding Email & Phone Number

Full Time CFO managing finance, accounting and administratve functions. Financial reporting, business performance analysis and identification of profit drivers and cost reduction strategies. Feasibility studies and financial modelling. Negotiation of railway rolling stock Operating Rental Agreement with wagons to be built to client specification. Negotiate facility and settle documentation for $140m funding package including USD 70m Pre-sale of Iron Ore.Negotiation of $300m “Hook & Pull” railway contract.

Full Time CFO managing finance, accounting and administratve functions. Financial reporting, business performance analysis and identification of profit drivers and cost reduction strategies. Feasibility studies and financial modelling.I was heavily involved in the development of the Peculiar Knob Iron Ore Project. The project was fully funded with operational and logistics contracts in place when the project was sold to OneSteel (now Arrium) for $320 million. Since the sale, have been a major contributor to the financial modelling and write up of the comprehensive Preliminary Feasibility Study of the integrated, $1.5 billion Giffen Well Iron Ore Project.

CFO managing finance, accounting, IT and administratve functions. Financial reporting, business performance analysis and identification of profit drivers and cost reduction strategies.I acted as an internal troubleshooter across various areas of the group. One major project was: Collation of Time & Motion data for all administrative personnel nationally and as a result, project manage the centralisation of those functions as well the establishment of a twenty seat National Customer Service call centre complete with Business Continuity (Disaster Recovery) centres offsite. The Shared Services Group established by the centralisation project, saved $1.0 million paAs Group Operations Manager, responsible for the taking of orders through Customer Service and their fulfilment through our Logistic Company (Premium Liquor Distributors) as well as managing the 3rd party Client Relationships. Met with clients monthly to review performance based on Key Performance Measures. In this role I managed a team of people from Warehouse Managers to Administration Staff and Call Centre Manager. Tucker Seabrook represented approximately 50% of the Division Business with other Clients, Lion Nathan Wine Group & Moet-Hennessy Australia, each representing 25%.Key Statistics of Operations for the twelve months to Oct 2005 were:• Containers Imported - 400• Orders Processed - 241,000• Cases Dispatched - 1.98 million• Value of Products invoiced - $265 million

Sydney

Marex provided e-commerce solutions for the marine industry. With head office in Miami Florida, I was engaged to manage the Australasian operation. After two months of rapid growth by the branch under my direction (assisted by the Executive Chairman, Robert Stirling) the US Board decided to slow development of the region and to concentrate on the US market. I was then engaged in closing the regional office and finalised reports to Miami

Sydney, Australia

TCA was a membership organisation with over 700 members representing more than 30,000 tourism operators and enterprises Australia wide. Following the resignation of the Managing Director and his election to Federal Parliament, TCA required my services to manage the financial and administrative activities until a new Managing Director could be appointed who would recruit a suitable Finance and Administration Manager. During that period of extremely tight cash flows, I assisted the Non-executive Chairman to run the company and in particular established stability in the operations and earned the confidence of the Board, National Staff and Branch Managers.During this period with TCA I completely prepared fully consolidated budgets and cash flow projections for Board approval, brought monthly management accounting up to date, and completed the annual accounts for audit.It was necessary to completely review the company accounts and explain the position to the Board of Directors.I prepared and negotiated a proposal to TCA’s bankers for increased funding along with a program of Real Estate sales and debt reduction. I also prepared a policies and procedures manual for branch reporting.I had a significant involvement in the establishment of the domestic Tourism Initiative.See Australia Limited was a company limited by guarantee established in June 1999 to promote domestic tourism within Australia with funding from the Commonwealth and State Governments and the tourism industry. I was responsible for the following:Establishment of Company – tailor M&A to suit stakeholder requirementsDocument negotiation for $8.0 million commonwealth grant Document negotiation for $4.0 million in total grants from all Australian States and TerritoriesEstablish company reporting proceduresDevelop 3-year operating budgets and cash flow projectionsBoard reporting and financial responsibilityEstablish cash treasury function Manage GST implementation

East Sydney

Chip Application Technologies Limited developed software to provide multi application functionality for smartcards. The company listed in July 1997 as a way to provide access to the capital markets to fund the continuing development of its software products.The Company was granted listing approval by ASX after personal presentations via video link with chairman to ASX Full Listing Committee seeking waivers of certain listing rulesAs the CFO and the Company Secretary I was responsible to the Managing Director and the Board of Directors for all ASX and statutory reporting requirements as well as internal management of the administration and personnel functions of the company including: Preparation of monthly, half-yearly and annual accounts; Manage cashflow, insurances, administration and staff selection, R&D tax claims and Grant claims; Establish half year& annual corporate reporting for ASX & ASC purposes, establishment of Audit Committee and its charter.Established fully integrated monthly General Ledger Reporting of Budget to Actual comparisons, project and job costing for software development and implementation of time-writing procedures.Successful application for an AusIndustry R&D Start Grant of $1.25 million to develop a Multi Card Reader device. Preparation of Policies and Procedures Manual

Sydney, Australia

Various roles with Chartered Accounting firms and Small Business Clients as well as major Client, BYAE Retailing Trust (Frisco Home Furnishers)Major Project Assignment to manage and control the financial aspects of the closure of Frisco’s retail trading operations including the independent assessment of the achievement of work force goals for the closure of stores with a company-wide staff bonus dependent on the outcome Calculations utilising a combination of computer reported results and manual records; the control of the cash receipts process in stores and the implementation of procedures to reduce opportunities for losses both internally and externally, with direct supervision of 13 administration staff as result of the Financial Controller’s resignation. During this assignment I worked closely with the Directors and the General Manager regarding the running of the business, its closure and the closure of five stores, the termination of staff and the sale of fixed assets.Star Dean-Willcocks, Chartered Accountants - Litigation Support reviewing evidence for civil case and liaising with Solicitors and ASC. Sales Tax review and preparation for disallowance of ATO in insolvency Proof of DebtBuilding and Construction Clients - Assistance with the analysis of cost structures to improve quoting procedures and accuracy; Assistance and review of business structure resulting in the restructure of kitchen manufacturing operations.Permanent Trustee Corporation Limited – Preparation of working papers for annual accounts for presentation to Auditor of the Fund on behalf of the Trustee.DML Resources provided contract mining services in Australia, Indonesia, South America as well as New Zealand with a turnover of approximately $150 million. I filled the role of Finance Manager for 6 months

Sydney, Australia

A V Creative Services Pty Limited - Sales Tax Review and determination and calculation of taxable values for production videos.Star Dean-Willcocks, Chartered Accountants - Litigation Support reviewing evidence and liaising with Solicitors and ASC Permanent Trustee Corporation Limited - Assist Superannuation Client Managers with fund administration - Review and correct Fund Accounts, liaising with different auditors and administrators on behalf of the Trustee

North Ryde

Assist and advise the Managing Director on a project basis.Osborne was the largest supplier of DOS/Windows personal computers in Australia. (Turnover $200 Million with over 40 retail outlets)Major Project Achievements:Control of Sales Tax Audit over an 18 Month period resulting in a Credit in tax to the company to the extent of $2,000,000Control of Payroll Tax Audit resulting in reduction of $200,000 to an assessment previously issued.Control of Customs Audit resulting in no duty payableControl of the preparation of Statutory Accounts and AuditPreparation of Banking Tender Package for submission to selected Financial Institutions.Osborne was sold to Gateway 2000 and my position became redundant.

North Ryde

Reporting to the Chief Executive Officer (Mr J Linton) Manage Finance & Administration Department of 25 people, including the MIS Dept and Stock Control.Fortnightly business reviews with five direct reports, Quarterly performance appraisals against preset goals and half-yearly salary reviews.Debtors collections and forecasts and maximisation of cash flow efficiencyEnsure continued accuracy of costing system with daily reporting of Key Performance IndicatorsSupplier negotiations supporting the Purchasing Department Factory and warehouse security procedures and control of External Guards and alarm systemReview retail stock levels against agreed targets. Maintain adequate and effective insurance cover on all assets and exposures.Review and update all financial procedures and policies ensuring compliance by all retail outlets including compliance in all respects with AS3902.Statutory compliance accounts; income tax; sales tax; and various State taxes etc Co-ordinate and liaise with company’s auditors, tax auditors and advisers

Sydney, Australia

Ensuring compliance by all 13 companies in the group with all Statutory Regulations, Stock Exchange Listing Rules and Accounting Standards, of Australia and New Zealand.Design, preparation, printing and distribution of Annual Report and running AGM.Company Secretarial, share registry, Investor Enquiries and Stockbroker presentations.Preparation and audit of all Group Accounts, Tax Returns and FBT Returns for Australia and New Zealand.Foreign Exchange hedging, Group Treasury, Equipment Financing, Export credit arrangements, Insurances, Budgeting, Forecasting and Staff selection and development.Joint Venture Management Committee Representative.Travel to divisional and subsidiary locations as required to fulfil responsibilities and to assist and contribute to the general management of the Group.Oversee all financial aspects of New Zealand subsidiary involved in Ship Building & repair and Bulk Transportation of freight by sea. This responsibility required me to spend every fourth week in New Zealand for the first year. Some achievements during this time included:Finalisation of the due diligence review and Prospectus for the $16 million capital raising by way of Rights Issue and subsequent, routine Post Issue Audit by the ASC of all due diligence files and records.Successful negotiation for the 80% recovery of a bad debt from a New Zealand company (previously a subsidiary of Savage) notwithstanding the priority of local creditors and financiers.Commercial and documentation negotiations with Japanese joint venture partners ensuring a proper mix of commercial expediency with the security of Savage’s interests. This involved legal and commercial representatives from Tokyo together with the local advisers of each joint venturer.

North Sydney

Amdahl Distributed and Serviced large IBM Compatible mainframe computers manufactured by the company’s US parent. Turnover in 1987 for Asia Pacific was approximately $60 million (USD). I was responsible for the General ledgers of 5 branches in each local currency as well in US Dollars, & reporting to California HO.I resigned when invited to rejoin Savage Resources following Listing on the ASX.

Sydney, Australia

Savage Iron was the Private Company predecessor to Savage Resources. The aim was to float the assets of the company and this reached the stage of lodging a Prospectus with the Office of Corporate Affairs in Hobart. The Float was delayed and the whole project placed on indefinite hold upon the death of the majority shareholder in the company. My role included accounting for the “private” assets and investments of the major shareholder and of the estates of ER Hudson and Shirley Hudson

Sydney, Australia

I was part of the project team at Bankers Trust which arranged the Leverage Lease Financing of several Boeing 747 aircraft for an overseas airline as well as the acquisition by the State Rail Authority of NSW, of railway locomotives and rolling stock to the value of $320 million. A change to the taxation rules curtailed the Division’s leasing activities placing me in a purely administrative role and I resigned to pursue a more accounting oriented role.Accountant - Administration DepartmentBefore moving to the Leasing Division I was involved in daily bank account maintenance, monthly accounting, budget comparisons and reporting to New York

North Sydney

As a trainee I was involved in performing monthly reconciliations, preparing taxation working papers, payment of freelance makeup artists’ salaries, capital expenditure analysis, and weekly reconciliation of the Factory Petty Cash account of $5,000.As the company had a December year end I experienced essentially a full year’s activities before resigning to pursue a more challenging position at BT.

Grad Dip Tax Law, Direct And Indirect Taxes

Dip Bus, Accounting And Finance

Activities and Societies: Treasurer Sports Union