1. In the opinion of the directors of Cochlear Limited (the Company):
   1. the financial statements and notes that are contained in the Remuneration Report in the Directors’ Report, as set out here, are in accordance with the Corporations Act 2001, including:
      1. giving a true and fair view of the Company’s and the Consolidated Entity’s financial position as at 30 June 2008 and of their performance for the financial year ended on that date; and
      2. complying with Australian Accounting Standards (including the Australian Accounting Interpretations) and the Corporations Regulations 2001;
   2. the financial report also complies with International Financial Reporting Standards as disclosed in Note 2(a); and
   3. there are reasonable grounds to believe that the Company will be able to pay its debts as and when they become due and payable.
2. There are reasonable grounds to believe that the Company and the consolidated entities identified in Note 25 will be able to meet any obligations or liabilities to which they are or may become subject to by virtue of the Deed of Cross Guarantee between the Company and those group entities pursuant to ASIC Class Order 98/1418.
3. The directors have been given the declarations required by Section 295A of the Corporations Act 2001 from the chief executive officer and chief financial officer for the financial year ended 30 June 2008.

Dated at Sydney this 12 day of August 2008.

Signed in accordance with a resolution of the directors:

Director	Director