Dick WarburtonRichard Warburton AO

Chairman - (Non-executive/ Independent)

Mr Warburton has served as a director of Caltex Australia Limited since 29 July 1999 and as Chairman of the Board from 26 April 2001. Mr Warburton is a member of the Human Resources and Nomination Committee and attends meetings of the Audit Committee in an ex-officio capacity.

Mr Warburton brings considerable board and corporate governance experience to Caltex and the role of Chairman. Prior to becoming a professional director, Mr Warburton was the Chairman and Chief Executive Officer of DuPont Australia and New Zealand, where he was responsible for DuPont’s petrochemical business operations in Australia and New Zealand.

Mr Warburton is Chairman of the Board of Taxation and a Fellow (and a former National President) of the Australian Institute of Company Directors.

Current directorships of listed companies

• Magellan Flagship Fund Ltd (Chairman) (appointed 19 October 2006)
• Tandou Limited (Chairman) (appointed 6 April 2004)
• Nufarm Limited (appointed 22 October 1993)

Previous directorships of listed companies in last three years

• David Jones Limited (former Chairman) (6 October 1995 – 17 July 2003)
• Southcorp Limited (11 June 1993 – 14 October 2003)
• Tabcorp Holdings Limited (28 June 2000 – 27 November 2006)

Des KingDesmond King

Managing Director and Chief Executive Officer

Bachelor of Chemical Engineering (University of London, UK) and Doctor of Philosophy (University of Cambridge, UK)

Mr King was appointed as Managing Director and Chief Executive Officer with effect from 1 May 2006.

Before joining Caltex Australia, Mr King was responsible for the management of the 220,000 barrels a day Chevron Pembroke refinery in Wales, UK and was a director of Texaco, UK. He has previously held senior roles in Chevron including General Manager – Strategic Planning, responsible for developing the corporate strategy for both oil and gas exploration and production and refining and marketing for Chevron Corporation. Mr King joined Chevron in 1981, having previously been a Professor of Chemical Engineering at West Virginia University in Morgantown, West Virginia, USA.

Trevor BourneTrevor Bourne

Director (Non-executive/Independent)

Bachelor of Mechanical Engineering (University of New South Wales, Australia) and Master of Business Administration (University of Newcastle, Australia)

Mr Bourne was appointed as a director of Caltex Australia Limited on 2 March 2006 and has been a member of the Audit Committee since 1 May 2006.

Mr Bourne brings to the Board broad management experience acquired in industrial and capital intensive industries and engineering and supply chain skills and experience. From 1999 to 2003, Mr Bourne served as Chief Executive Officer of Tenix Industries Limited. Prior to Tenix Industries Limited, he spent 15 years at Brambles Industries Limited, six as Managing Director of Brambles Australasia. Before that he worked for Incitec Limited and BHP Limited.

Current directorships of listed companies

• Hastie Group Limited (appointed 14 February 2005) (Chairman)
• Origin Energy Limited (appointed 18 February 2000)
• Lighting Corporation Limited (appointed 12 February 2004)
• Coates Hire Limited (appointed 26 February 2004)

Elizabeth BryanElizabeth Bryan

Director (Non-executive/Independent)

Bachelor of Arts (Australian National University, Australia) and Master of Economics (University of Hawaii, USA)

Ms Bryan was appointed as a director of Caltex Australia Limited on 18 July 2002 and is the Chair of the Human Resources and Nomination Committee.

Ms Bryan is a professional director and brings management, strategic and financial expertise to Caltex. Ms Bryan has over 30 years experience in the financial services industry, government policy and administration, and on the boards of companies and statutory organisations. Prior to becoming a professional director, she served for six years as Managing Director of Deutsche Asset Management and its predecessor organisation, NSW State Superannuation Investment and Management Corporation.

Ms Bryan is President of the NSW Council of the Australian Institute of Company Directors and on the National Board of the Institute of Company Directors. She is also Chair of UniSuper.

Current directorships of listed companies

• Ridley Corporation Limited (appointed 7 September 2001)
• Westpac Banking Corporation (appointed 6 November 2006)

Brant FishBrant Fish

Director (Non-executive)

Bachelor of Science (Mechanical Engineering) (University of Florida, USA)

Mr Fish was appointed as a director on 27 July 2006 and as a member of the Human Resources and Nomination Committee on 1 August 2006.

Mr Fish brings significant downstream oil industry experience to Caltex Australia, particularly in the area of supply chain. Since 1 August 2006, Mr Fish has served as the General Manager Joint Venture Refineries with Chevron Global Refining. Prior to that, he was General Manager of Supply and Optimization, Asia Pacific for Chevron U.S.A Inc., where he had accountability for overall refining and marketing earnings, commercial decision making and optimisation across the Asia Pacific fuel supply chain – from refinery crude supply to consumer or export sale. Mr Fish is based in Singapore.

Mr Fish previously served as an alternate director for William Hauschildt, Peter Wissel and Mitchell Rubinstein.

John ThornJohn Thorn, FCA

Director (Non-executive/Independent)

Mr Thorn was appointed as a director with effect from 2 June 2004. He has been a member of the Audit Committee since 22 July 2004 and Chair since 1 May 2006.

Mr Thorn is a professional director and brings expertise to the Board in the areas of audit and accounting practice and standards, business advisory services and risk management. Mr Thorn had over 37 years professional experience with PricewaterhouseCoopers, where he was a partner from 1982 to 2003 undertaking work for major international and local companies. During this period, he served as Managing Partner of PricewaterhouseCoopers’ Assurance and Business Advisory Service practice (from 1998 to 2001) and as the National Managing Partner (from 2001 to 2003).

Current directorships of listed companies

• Salmat Limited (appointed 1 September 2003)
• National Australia Bank Limited (appointed 16 October 2003)
• Amcor Limited (appointed 8 December 2004).

Peter WisselPeter Wissel

Director (Non-executive)

Bachelor of Arts in Economics (Denison University, USA), and Master of Business Administration – Finance (New York University Graduate School of Business Administration, USA)

Mr Wissel was appointed a director of Caltex Australia Limited with effect from 23 August 2005 and as a member of the Audit Committee on 1 September 2005.

Mr Wissel brings significant downstream oil industry experience to Caltex Australia, particularly in the area of finance and risk management. He is the Regional Finance Officer, Asia Pacific and Africa Pakistan for Chevron’s downstream business. In this role, he is responsible for financial and management reporting, credit approval, local cash management, local tax matters and risk management in the 33 countries of Asia, Africa and the Middle East where Chevron conducts refining and marketing operations. Mr Wissel is based in Singapore.