DIRECTORS

NEIL MILLER ( AGED 49 ), CHIEF EXECUTIVE OFFICER

Neil Miller instigated and developed the Wendy Restaurant franchise in the UK and Europe. He then moved into financial services and emerging markets bond trading. He became one of the largest independent traders specialising in African debt. From 1995 to 2004 he has acted as a consultant to smaller companies seeking a quotation on public markets.

GARY WRIGHT ( AGED 49 ), DIRECTOR

Gary Wright has a strong Maritime background stretching back well over twenty years.His vast experience includes that of Master, Project Coordinator and Project Manager on a number of superyachts, including Tatoosh and Calixe. In 2001, Gary was appointed Chief Executive Officer for the 31st Americas Cup, with overall responsibility for every aspect of the U.S.-based Challenge over the following three years. In late 2003, he became Managing Partner, Shareholder and Director of YCO.

CHARLIE BIRKETT ( AGED 32 ), DIRECTOR

Charlie Birkett has crewed, captained, purchased, sold and managed superyachts for the past fifteen years. He first captained a yacht in 1992, cruising the West Coast of America and has since been involved in everything from Tender design to logistics. Before joining YCO in October 2003 as a Partner, Director and Shareholder, Charlie was involved in fleet, yacht, berth and new project management with Monaco-based Fraser Yachts Mc.

CHARLES ALAN SMITH, ACA, ( AGED 52 ), FINANCE DIRECTOR

Charles Smith qualified as a chartered accountant and then joined the firm of Scodie DeYong, becoming a full partner in 1981. In 1995 he left to become Group Financial Director and then International Financial Director of Holiday Autos Group, a car rental broking business, where turnover grew from £29 million to £200 million in 2004. He stepped down from this position in 2000, becoming a financial consultant to the company. In this role, he was primarily responsible for the preparation of the company for sale in April 2003 to Lastminute.com plc for £40 million.

PETER JAY, ( AGED 62 ), NON-EXECUTIVE DIRECTOR

Peter Jay is a consultant to Beachcroft LLP. He specialises in corporate finance advising. Peter has extensive experience in advising both public ( including AIM ) and private companies and has held a number of directorships including Sportingbet plc ( where he was a founding director ) and Top Ten Holdings plc.

PETER DANIEL SHEA, ( AGED 55 ), NON-EXECUTIVE DIRECTOR

Peter is currently CEO and one of the founding members of Daniel Stewart, which he set up in 1989. Previously, Peter was a director at Bear Stearns International from 1986 to 1989, where he was responsible for establishing Bear Stearns’ London corporate finance and capital markets divisions. Prior to Bear Stearns, Peter was a vice president at Midland Bank, where his primary responsibilities were co-ordinating the corporate and merchant banking services to US corporations in Europe. Peter also spent 10 years at Chase Manhattan Bank, where he was responsible for developing country loans and both the chemical and aerospace sectors at various times.