Date of Appointment * 13-08-2008  
Name of Person* Mr. Stephen Gregor Lenz  
Age * 54  
Country of principal residence * Malaysia  
The Board's comments on this appointment (including rationale, selection criteria, and the search and nomination process) * Selection was based on the candidate's suitable experience and expertise in the offshore drilling industry. The candidate was directly approached by the Company.  
Whether appointment is executive, and if so, the area of responsibility *
This is an executive appointment responsible for the overall management and operations of the offshore drilling business of the Company.  
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.) Drilling Manager  
Working experience and occupation(s) during the past 10 years *
Songa Pty. Ltd. (2 years) as Australian Country Manager;
Apexindo Pratama Duta Tbk (2 years) as Rig Manager; and
Transocean Inc. (23 years) in various positions including Chief Electrician, Maintenance Supervisor, Rig Manager and Operations Manager throughout Asia