The Board of Caltex Australia Limited has declared that:
- the directors have received the declarations required by section 295A of the Corporations Act 2001 (Cth) from the Managing Director and Chief Executive Officer and the Chief Financial Officer for the year ended 31 December 2007;
- the financial statements for the year ended 31 December 2007, the notes and the remuneration disclosures set out in the Remuneration Report in the Directors’ Report are in accordance with the Corporations Act 2001 (Cth), including:
• complying with the Australian Accounting Standards (including interpretations) and the Corporations
Regulations 2001; and
• giving a true and fair view of the financial position of the Caltex Australia Group at 31 December 2007 and
its performance for the year; - in the directors’ opinion, there are reasonable grounds to believe that Caltex Australia Limited will be able to pay its debts as and when they become due and payable; and
- as at the date of this declaration, there are reasonable grounds to believe that all companies in the Caltex Australia Group that are parties to the Deed of Cross guarantee with Caltex Australia Limited will be able to meet any obligations or liabilities to which they are, or may become, subject by virtue of the Deed of Cross guarantee.
The directors’ declaration is made in accordance with a resolution of the Board of Caltex Australia Limited.
Elizabeth Bryan
CHAIRMAN
Desmond King
MANAGING DIRECTOR
AND CHIEF EXECUTIVE OFFICER
Sydney, 22 February 2008