INTERNET SOCIETY OF AUSTRALIA
ACN 076 406 801
(A Company Limited by Guarantee)

DIRECTORS' REPORT

The Directors present their report for the year ended 30 June 2002.

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

Name                     Position              Qualifications
Ms Gunela Astbrink       Honorary Secretary
Mr George Fong           Director       
Ms Anne Greiner          Honorary Treasurer 
Mr Andrew McRae          Vice-President       
Mr Tony Hill             President       
Mr Ross Kelso            Director
Ms Cheryl Langdon-Orr    Director
Mr Jeremy Malcolm        Director
Ms Galen Townson         Director
Mr Gerry White           Director
Ms Narelle Clark         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
Ms Gunela Astbrink                          8      12
Mr George Fong                              9      12
Ms Anne Greiner                             8      12
Mr Simon Hackett (Retired AGM)              1       5
Dr Kate Lance (Resigned 17-12-01)           4       6       
Mr Andrew McRae                             8      12
Mr Leni Mayo (Resigned 17-12-01)            4       5
Mr George Michaelson (Resigned 27-5-02)     6      11
Dr Erica Roberts (Retired AGM)              1       5       
Mr David Thompson (Retired AGM)             1       5
Mr Greg Watson (Retired AGM)                3       5
Mt Tony Hill (Appointed 17-12-01)           5       6
Mr Ross Kelso (Elected AGM)                 6       7       
Ms Cheryl Langdon-Orr (Elected AGM)         7       7
Mr Jeremy Malcolm (Elected AGM)             5       7
Ms Galen Townson (Elected AGM)              5       7
Mr Gerry White (Elected AGM)                5       7
Ms Narelle Clark (Appointed 21-1-02)        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 $7,292.76 (2001 -
$8,272.83).

Review of Operations
The company continued to investigate ways to actively promote the
society and increase membership and sponsorship.

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. The society
will continue 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 ..............  this ................ day of .............. 2002

Signed in accordance with a resolution of the directors:

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Director

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Director