Snowy Hydro Limited Board of Directors are as follows:

Roderic (Rick) Holliday-Smith
Appointed 15 May 2006
Chairman

Mr Holliday-Smith was appointed to the Board on 15 May 2006 and was elected Chairman on that date.

Mr Holliday-Smith has an extensive background in global financial markets including derivatives. He is Chairman of SFE Corporation, of SFE Clearing Corporation, and a director of ASX Limited.  He is a director of Servcorp Limited, and Cochlear Limited. Prior to 1998, Mr Holliday-Smith spent 11 years in Chicago, firstly as CEO of Chicago Research and Trading (CRT), and then as President of NationsBanc-CRT. During the 1980s, he was an executive director with Wardley Australia Limited and Managing Director of HongKong Bank Limited, London.

Terry V Charlton
Appointed 27 June 2001
Managing Director

Terry Charlton is Chief Executive Officer and Managing Director of Snowy Hydro Limited.  Formally he was the Commissioner of Snowy Mountains Hydro-electric Authority, and Chief Executive Officer of Snowy Hydro Trading Pty Ltd from 1999 to 2002.  Previous experience in energy and utilities includes President of Edison Mission Energy, United Kingdom, Europe, Middle East, Africa, and Group General Manager, Tubemakers of Australia Limited - Water, Oil and Gas Division.

Robert (Bob) Hogg, AO
Appointed 18 December 2003
Non Executive Director

Bob will be known to many people through his previous role as national secretary of the Australian Labor Party.  Following the 1993 election, Bob has pursued a career in consulting through his company, Homax Pty Ltd which specialises in issues management.  Bob is also currently a director of Aus Health International, a NSW state-owned company specialising in exporting health services.

David Klingberg, AO
Appointed 18 December 2003
Non Executive Director

David holds a variety of executive appointments with both public and private bodies.  David has a strong background in engineering through a long association with Kinhill Limited.  Kinhill Limited was a large and successful professional engineering organisation operating as consultants and contractors in the resources and public infrastructure sectors in Australia. He is a former Chancellor of the University of South Australia. David has substantial professional expertise in project evaluation, project management and project systems, and the structuring of major infrastructure projects.

Bruce Hogan AM
Appointed 15 May 2006
Non Executive Director

Mr Hogan was appointed to the Board on 15 May 2006.
Mr Hogan is a director of NSW Treasury Corporation, and Chairman of State Super Financial Services Australia Ltd.  He is a former Joint Managing Director of Bankers Trust Australia Limited, former Chairman of Adelaide Casino, and a former director of Energy Australia, Coles Myer Limited, Funds South Australia, Metcash Limited and GIO Australia Limited.

Bruce Brook
Appointed 15 May 2006
Non Executive Director

Mr Brook was appointed to the Board on 15 May 2006.
Mr Brook is a chartered accountant with 20 years experience in the mining industry.  Mr Brook is a director of Lihir Gold Limited and Boart Longyear Limited and a member of the Financial Reporting Council. He is a former director of Consolidated Minerals Limited, Alinta Network Holding Pty Ltd, Norfolk Group Limited and Meridian Wind Macarthur Pty Ltd.  Mr Brook has previously held executive roles with Rio Tinto as well as Pacific Dunlop, ANZ Bank and WMC Resources.

Peter Lowe
Appointed 15 May 2006
Non Executive Director

Mr Lowe was appointed to the Board on 15 May 2006.
He is currently on the boards of Aurora Energy Pty Ltd, Access Providers Limited, Citywide Services Pty Ltd and United Energy Distribution Holdings Pty Ltd and Multinet Group Holdings Pty Ltd, where he has been chairman since July 2004. He has also held a board role at Southern Hydro Pty Ltd and GasNet Limited. Mr Lowe's executive experience includes roles as CFO of Australian and United States publicly listed utilities and Managing Director of Utilicorp Australasia.