INTEGRATED BENEFITS PACKAGE REVISED AGREEMENT
LIHIR GOLD LIMITED
THE PEOPLE OF LIHIR REPRESENTED BY:
THE LIHIR MINING AREA LANDOWNERS ASSOCIATION INC.
THE NIMAMAR RURAL LOCAL-LEVEL GOVERNMENT
Nimamar Rural Local-Level Government
P O Box 81
New Ireland Province
Phone No. 9864119 Fax No. 9864118
INTEGRATED BENEFITS PACKAGE – PROJECT MANAGEMENT
MEMORANDUM OF AGREEMENT RELATING TO THE REVISED IBP
THIS AGREEMENT is made on the day of 2007
BETWEEN: LIHIR GOLD LIMITED hereinafter referred to as LGL of the one part.
AND: The NIMAMAR RURAL LOCAL-LEVEL GOVERNMENT (NRLLG) on behalf of the LIHIRIANS and the LIHIR MINING AREA
LANDOWNERS ASSOCIATION INC. ( LMALA ) on behalf of the LANDOWNERS, of the other part.
On 26 April 1995 pursuant to the Mining Act 1992 , the Landowners, the Lihirians and LGL through its agent Lihir Management
Company Limited (as it was then) entered into the IBP which formed the all encompassing compensation package for the
Landowners and the Lihirians.
All of the agreements, undertakings, commitments and the spirit of the original IBP are valid and remain in force until and unless
amended by the Revised IBP or any other subsequent agreement.
The IBP became due for review on 26 April 2000 Negotiations between the Parties with LMALA and the NRLLG represented by the
Joint Negotiating Committee or JNC) began on 20 June 2001. The Revised IBP embodies the consensus reached by the Parties on
each of the issues discussed. All of the issues discussed are captured in the five chapters of the Revised IBP.
It was recognised and acknowledged by the parties at the beginning of the review process that the opportunity should be taken to re-
orient the commitments under the IBP so as to bring them into line with the circumstances now prevailing on Lihir, in particular insofar
as impacts on the community are concerned. Accordingly the Revised IBP describes the changes to the provisions of the IBP and
new commitments re