Chairman’s Statement

Sir John Parker, Chairman

Safety

Safety is at the very core of all we do and it continues to be at the top of the Board’s agenda. This year we have put additional focus on process safety and on controls to manage the major hazards that arise from the transportation and storage of natural gas. At the same time we have maintained our attention on the safety of our workforce and while it is pleasing to report that the number of injuries has fallen, it is disappointing that our injury rate has remained static this year. We are working hard to revitalise and renew our efforts, implementing an ethos of trust and responsibility. We have refreshed our Chairman’s Safety, Health and Environment awards for 2008 in order to create further awareness of the importance we attach to these critical business well-being issues.