Gainsco Inc.

Glenn W. Anderson has served as President, Chief Executive Officer and as a director of the Company since April 1998. From 1996 to April 1998, Mr. Anderson served as Executive Vice President of USF&G Corporation and as President of the Commercial Insurance Group of United States Fidelity & Guaranty Company. From 1993 to 1996, Mr. Anderson was a Senior Vice President of USF&G Corporation. Mr. Anderson, a 1974 graduate of Stanford University, has been engaged in the property and casualty insurance business since 1975.

James R. Reis is executive vice chairman with responsibility for risk management. From February 2003 to January 2005 Mr. Reis, through First Western Capital, LLC, of which he is the founder, Managing Director and owner, provided consulting services to a subsidiary of GAINSCO. Mr. Reis is the former Vice-Chairman and co-founder of ING Pilgrim Capital Corporation, for which he served from 1991 to 2000 when it was acquired by ING Groep, N.V.

Harden H. Wiedemann has served as a director of the Company since 1989. Mr. Wiedemann has been a consultant focusing on healthcare and insurance issues since September 2004. Mr. Wiedemann was Senior Vice-President and Chief Operating Officer of the Lockton-Dunning Benefits Company, from Janury to September 2004. Mr. Wiedemann was Vice-President-Healthcare for Seisint, Inc. from May to November 2003. Prior to that time he had a consultant to numerous companies in the Dallas, Texas. Prior to January 2001, Mr. Wiedemann was Chairman and Chief Executive Officer of Assurance.

Joel C. Puckett has served as a director of the Company since 1979. Mr. Puckett was elected non-executive Vice Chairman of the Board of Directors in September 2001. Mr. Puckett previously served as non-executive Chairman of the Board of Directors from 1998 through September 2001. Mr. Puckett is a certified public accountant with offices located in Minneapolis, Minnesota. Mr. Puckett has been engaged in the private practice of accounting since 1973.

John H. Williams has served as a director of the Company since 1990. Mr. Williams served, until his retirement on July 31, 1999, as a Senior Vice President, Investments, of Everen Securities, Inc., and had been a principal of that firm or its predecessors since May 1987. Prior to that time, Mr. Williams was associated with Thomson McKinnon Securities, Inc. and its predecessors from 1967. Mr. Williams is currently managing his personal investments, and is a director of Clear Channel Communications, Inc. (NYSE - CCU).

Mr. Boulware, now retired, was President and Chief Executive Officer of ING Funds Distributor, LLC, a wholly owned subsidiary of ING Groep, N.V. engaged in the distribution of mutual funds through intermediary and affiliate channels, with which he was an executive officer from 1992 to 2006. Mr. Boulware specialized in wholesale distribution in financial services for 25 years. Mr. Boulware is a director of Norwood Promotional Products, Inc., a leading supplier of promotional items in the U.S.

Sam Rosen , 72, has been a director of AZZ since 1996. Mr. Rosen has been a partner in the law firm of Shannon, Gracey, Ratliff & Miller, L.L.P. since 1966, and is a director of GAINSCO, INC., a publicly held insurance holding company.