How did Oxfam assistance make a difference in people’s lives during and after the Asian tsunami of 2004? The Listening Exercise aims to improve Oxfam’s understanding of long-term effects and sustainability issues associated with humanitarian aid by listening to the opinions and experiences of aid recipients and others in affected communities. The broad lines of inquiry guiding the listening conversations with beneficiaries were informed by these areas of focus: 1) Overall Impact, 2) Gender and Social Equity, 3) Policy and Practice Changes, 4) Partnerships, and 5) Capacity and Resilience. This report highlights the key themes that emerged during the conversations and draws broad lessons from this visit which will help prompt further reflection and analysis across Oxfam on these important issues.