In March 2003, the ASX Corporate Governance Council published its Principles of Good Corporate Governance and Best Practice Recommendations. It is the intention of the Directors, having regard to the structure and operations of CMG, to comply with the recommendations including:

• that the majority of an ASX-listed company's board should comprise independent directors (that is, non-executive directors that meet the criteria set out in the ASX recommendations);
• that the chairperson should be an independent director; and
• that the audit committee of an ASX-listed company should only consist of non-executive directors with a majority of the committee being independent directors.

In addition, CMG is in the process of transitioning to the ASX Corporate Governance Council's 2nd Edition Corporate Governance Principles and Recommendations, which formally come into effect for the Company in relation to its 1 July 2008 - 30 June 2009 reporting year.

CMG's various corporate governance policies, codes of conduct and key processes are available via the links below:

Board Charter

Audit & Risk Committee Charter

Risk Management Policy

Remuneration & Nomination Committee Charter

Remuneration Policy

Director and Executive Code of Conduct

Delegated Authority Policy

Communications Policy

Continuous Disclosure Policy

Share Trading Policy

Whistleblower Policy