E.J. BEALE (age 58),    Director

Mr Beale joined the Board in 2008. He is a Chartered Accountant and was previously a member of the Accounting Council of the Financial Reporting Council and a member, previously chairman, of the Corporate Governance Expert Group of the Quoted Companies Alliance.

He is Financial Director of Marshall Monteagle PLC and a non-executive director of London Finance & Investment Group PLC., Swallowfield PLC, Heartstone Inns Limited and our associated company, Hartim Limited. He is also a director of City Group PLC., the Company’s company secretary and administrators. Mr Beale has considerable Board level experience which he brings to the Boards of the Company’s Core Holdings.