VENCorp - revenue proposal - directors responsibility statement - 28 February 2007

VENCorp submitted its revenue proposal and proposed negotiating framework to the AER on 1 March 2007. VENCorp will submit its proposed pricing methodology separately by 31 May 2007.

The AER conducted the preliminary examination of VENCorp’s proposal required under clause 6A.11.1 of the NER. Additional information was sought from VENCorp by 30 April 2007, to satisfy the requirements of the AER’s Submission Guidelines and the NER.

Interested parties were invited to provide written submissions to the AER by close of business Wednesday, 13 June 2006.

The AER held a public forum on the proposal submitted by VENCorp on Thursday, 10 May 2007.