Corporate Governance Statement

Year ended 30 June 2010

The Directors are responsible to the Members for the performance of the company in both the short and longer term and seek to balance these sometimes competing objectives in the best interest of the company as a whole.

Their focus is to ensure the company is properly managed and that it remains committed to bringing hope, optimism and happiness to every child living with cancer, their families and communities through ongoing quality educational, financial, hospital and recreational support programs.

The Board draws on relevant Corporate Governance best practice principles to assist it to contribute to the charitable performance of the company. Day to day management of the company's affairs and implementation of corporate strategy and policy initiatives are delegated by the Board to the Chief Executive Officer and management.