Rupert Cottrell, Non-Executive Chairman (aged 63)
Rupert holds a number of non-executive positions, including Chairman of Carpathian plc, an AIM listed Eastern European commercial property fund, and SARE Limited, an Indian residential property fund. He was previously a non-executive director of The PFI Infrastructure Company plc, an AIM listed infrastructure fund which was taken private in 2007. He was also a director of Capital International Ltd, Henry Cooke Lumsden Plc and Hill Samuel Private Client Management Ltd. Rupert was a founder and investment director of Buzzcott Investment Management Ltd. Rupert is an Isle of Man resident and a Fellow of the Securities Institute.

Prodaman (Pommy) Sarwal, Non-Executive Director (aged 57)
Pommy graduated from Calcutta University in India before coming to the UK in 1972. He is a qualified chartered accountant and a Member of the Securities Institute. His experience includes over 20 years of corporate finance work, including as head of the infrastructure and utilities team at Andersen Corporate Finance from 1998 for four years and more recently as a partner at Deloitte & Touche Corporate Finance from 2002 until 2006. Since 2006, Pommy has been retained as a corporate finance consultant to both Deloitte & Touche LLP and Grant Thornton LLP and he is a member of various boards including the Port of London Authority, British Waterways and Chatham Historic Dockyard. He is also a member of the Ports Advisory Group at the UK Trade & Investment Division of the Department for Business Enterprise & Regulatory Reform.

Pommy sits on the Audit Committee.

Tim Walker, Non-Executive Director (aged 52)
Tim is a chartered accountant and an Isle of Man resident. He is the former finance director of Swallow/Vaux Group plc, Strix Group and Burtonwood Brewery plc. His initial PFI experience was as finance director of Vaux Group plc where he helped negotiate the first hospital/hotel contract under the British Government’s PFI. Subsequent to this Tim was previously a non-executive director of The PFI Infrastructure Company plc, an AIM listed infrastructure fund, which was taken private in 2007. Tim is currently a non-executive director of Ishaan Real Estate plc, Clean Energy Brazil plc and a number of private companies in the leisure and property industries.

Tim is the Chairman of the Audit Committee.

Philip Scales, Non-Executive Director (aged 58)
Philip is managing director of IOMA Fund and Investment Management Limited ("IOMA"), part of the Isle of Man Assurance Group. IOMA specialises in the provision of third party fund administration and investment management services. Prior to this, Philip spent 18 years as managing director of Northern Trust International Fund Administration Services (Isle of Man) Limited (formerly Barings (Isle of Man) Limited). He has over 30 years’ experience working offshore, primarily in corporate and mutual fund administration, and currently holds a number of directorships of listed companies. Philip is a Fellow of the Institute of Chartered Secretaries and Administrators.

Andrew Friend, who is not a Director, will act as senior strategic advisor to the Company:

Andrew Friend, Senior Strategic Advisor (aged 55)
Andy is currently Commercial Advisor to the United Kingdom Department for Transport, a non-executive director of Partnerships UK and Financial Security Assurance (UK) Ltd and a strategic advisor to the ING European Infrastructure Fund. Between 1999 and 2006, he worked for John Laing Plc firstly as a managing director of Laing Investments Limited, a subsidiary of John Laing group, and then as group chief executive officer where he was responsible for restructuring the company from a construction company to a leading listed specialist infrastructure investor. Between 1997 and 1999 he worked as an associate director at Macquarie Bank in London and prior to that was chief executive officer of the City of Melbourne, Australia. His earlier career was spent at the Greater London Council and working for a range of community and voluntary sector groups.