NO.048

FOREIGN INVESTMENT REVIEW BOARD: RE-APPOINTMENT OF THE HON. CHRIS MILES

The Treasurer announced today the re-appointment of The Hon. Chris Miles as

a Member of the Foreign Investment Review Board (FIRB) for a further five-year

term.

Mr Miles joined the FIRB in June 1999, and has made valuable contributions

to the Board and the administration of policy since this time. He has considerable

experience across a number of sectors, including as Member for Braddon in the

House of Representatives, Parliamentary Secretary to the Prime Minister and

as Director of Corporate Development and Strategic Planning with Pacific Hills

Education Limited. He is currently a Managing Director of Gaunts Holdings Australia

Pty Ltd.

The other members of the FIRB are Mr John Phillips, AM, Chairman; Ms Lynn Wood;

and Mr Chris Legg, Executive Member.

Canberra

9 June 2004

Contact: David Alexander

02 6277 7340