Board of Directors

Mr Frank P Lowy AC Mr David H Lowy AM Mr Roy L Furman Mr David M Gonski AC Chairman Deputy Chairman

Mr Steven M Lowy Mr John McFarlane Professor Judith Sloan Dr Gary H Weiss

Mr Frank P Lowy AC Mr Roy L Furman Professor Frederick G Hilmer AO Chairman Roy Furman was appointed as a Frederick Hilmer was appointed a Frank Lowy is executive chairman and non-executive director of Westfield non-executive director of Westfield co-founder of the Westfield Group. Holdings Limited in July 2004 following Holdings Limited in 1991. He holds He is the founder and chairman of the the merger of Westfield Holdings Limited degrees in law from the Universities of Lowy Institute for International Policy, a with Westfield Trust and Westfield Sydney and Pennsylvania and an MBA member of The Brookings Institution’s America Trust. He holds a degree in law from the Wharton School of Finance. International Advisory Council, and from Harvard Law School. Mr Furman is Professor Hilmer became vice-chancellor chairman of Football Federation based in the US and is vice chairman of and president of the University of NSW Australia. Mr Lowy is chairman of the Jefferies and Company and chairman in June 2006. From 1998 until November Westfield Group Nomination Committee. of Jefferies Capital Partners, a group of 2005, he was chief executive officer private equity funds. He was co-founder and a director of John Fairfax Holdings Mr David H Lowy AM of Furman Selz (1973) – an international Limited. Between 1989 and 1997, he was Deputy Chairman investment banking, institutional Dean and Professor of Management David Lowy was appointed non-executive brokerage and money management firm. at the Australian Graduate School deputy chairman of Westfield Holdings Mr Furman is a member of the Westfield of Management (University of NSW). Limited in June 2000. He holds a Bachelor Group Remuneration Committee. Professor Hilmer is chairman of the of Commerce degree from the University Westfield Group Audit & Compliance of NSW. Mr Lowy joined Westfield in 1977 Mr David M Gonski AC Committee and the Remuneration and was appointed executive director David Gonski was appointed as a Committee and is the lead in 1981 and became managing director non-executive director of Westfield independent director. in 1987, a position he held until June Holdings Limited in 1985. He holds 2000. He is a principal of LFG Holdings, a degrees in law and commerce from the Mr Stephen P Johns director of Publishing and Broadcasting University of NSW. Mr Gonski is chairman Stephen Johns was appointed an Limited and the founder and president of Investec Bank Australia Limited executive director of Westfield Holdings of Temora Aviation Museum. Mr Lowy is and Coca-Cola Amatil Limited. He is a Limited and Westfield Management chairman of the Westfield Group Board director of ASX Limited and Singapore Limited in 1985 and of Westfield America Risk Management Committee. Airlines Limited, chairman of Sydney Management Limited in 1996. He held Grammar School and Chancellor of a number of positions within Westfield, the University of NSW. Mr Gonski is a including group finance director from member of the Westfield Group 1985 to 2002, and became a Audit & Compliance Committee, non-executive director of the three Remuneration Committee and the Westfield entities in October 2003. Mr Nomination Committee. Johns holds a Bachelor of Economics degree from the University of Sydney and is a fellow of the Institute of Chartered Accountants in Australia. He is also chairman of the Spark Infrastructure Group, a director of Brambles Limited and Sydney Symphony Limited. Mr Johns is a member of the Westfield Group Audit & Compliance Committee and the Risk Management Committee.