The Directors present their report for the year ended 30 June 1999.

Directors
The Directors of the company in office at the date of this report are:

Name			Position	Qualifications
Mr Adam Burns		Director	
Mr George Fong		Honorary Secretary	
Mr Simon Hackett	Director
Mr Antony Healey 	Director
Mr Tony Hill		Executive Director
Dr Kate Lance		President
Mr Andrew McRae		Director	
Mr Leni Mayo		Director
Mr George Michaelson	Honorary Treasurer
Mr Michael Paddon 	Director
Dr Erica Roberts	Director
Mr Greg Watson		Vice-President
Mr Tom Worthington	Director

Directors' Meetings
The number of directors' meetings (including meetings of committees of
directors) and number of meetings attended by each of the directors of
the company during the financial year are:

Director					Directors 	Meeting
						A		B
Mr Adam Burns					3		8
Mr Omar von Eichel (resigned during year)	1		3
Mr George Fong					5		8
Mr Simon Hackett				5		8
Mr Antony Healey 				5		5
Mr Geoff Huston (resigned during year)		3 		3
Dr Kate Lance 					8		8
Mr Andrew McRae					5		5
Mr Leni Mayo					8		8
Mr George Michaelson				6		8
Mr Michael Paddon 				5		8
Dr Erica Roberts				5		5
Mr Richard Shepherd (resigned during year)	0 		3
Mr Greg Watson					5		8
Ms Pauline van Winsen (resigned during year) 	1 		3
Mr Tom Worthington				5		5

A - Number of meetings attended 

B - Number of meetings held during the time the director held office
    during the year



Principal Activity

The principal activity of the company is to act as a representative body
for its members on Internet issues.

Net Results

The net operating surplus/(deficit) for the year was $14,542.26 
                                            (1998 - ($ 2,869.00) ).

Review of Operations

The company experienced a turn around in profitability due to the
increased sponsorship acquired during the year.

State of Affairs

In the opinion of the directors there were no significant changes in the
state of affairs of the company that occurred during the financial year
under review not otherwise disclosed in this report or the financial
statements.

Events Subsequent to Balance Date

There has not arisen in the interval between the end of the financial
year and the date of this report any item, transaction or event of a
material and unusual nature likely, in the opinion of the directors
of the company, to affect significantly the operations of the company,
the results of those operations or the state of affairs of the company
in subsequent financial years.

Likely Developments

The company will continue to seek  increased sponsorship and has
recently appointed an executive director to actively promote the
society and increase membership. The society will also be involved in
participation in Federal/State departmental enquiries and submissions
to Senate review/inquiries.

Directors' Interests & Benefits

Since the end of the previous financial year no director of the company
has received or become entitled to receive any benefit (other than a
benefit included in the aggregate amount of remuneration received or due
and receivable by directors shown in the company's accounts) by reason
of a contract made by the company or a related body corporate with the
director, a firm of which the director is a member, or a company in
which the director has a substantial financial interest.

Indemnification  and insurance of Officers & Auditors

Clause 99 of the company's Articles of Association requires that any
officer of the company be indemnified for any liabilities to another
person that may arise from their position as such officer.

No director's liability insurance premiums have been paid by the company.



Dated at Melbourne  this ....................... day of ................. 1999

Signed in accordance with a resolution of the directors:

................................
Director

................................
Director 





INTERNET SOCIETY OF AUSTRALIA 
(A Company Limited by Guarantee)

DIRECTORS' REPORT