Inchcape Plc.

Michael was appointed to the Board in November 2006 and is Chairman of the Remuneration Committee. He was Chairman of House of Fraser plc from 2001 until November 2006 and is a Non Executive Director of Inchcape plc, Majid Al Futtam Group and Cole Myers Limited. He was Chairman of the British Retail Consortium from 2004 until 2006. Michael was an Executive Director of Tesco plc from 1989 to 2000, with responsibility for Store Operations from 1991. He commenced his management career with Tesco in 1971 and held a wide range of executive positions in Supply Chain, IT, Finance and Administration before assuming his Board responsibilities.

Dr. Raymond K.F. Ch'ien is Chairman of CDC Corporation and its subsidiary, China.com Inc, and Chairman of MTR Corporation Limited. He serves on the boards of HSBC Holdings plc, the Hongkong and Shanghai Banking Corporation Limited and Inchcape plc. In public service, Dr. Ch'ien is Chairman of the Advisory Committee on Corruption of the Independent Commission Against Corruption; Chairman of the Hong Kong/European Union Business Cooperation Committee and is a Hong Kong member of the APEC Business Advisory Council. He is an Honorary President and past Chairman of the Federation of Hong Kong Industries and a Trustee of the University of Pennsylvania. From 1992 to 1997, Dr. Ch'ien was a member of the Executive Council of Hong Kong, then under British Administration. He was appointed a member of the Executive Council of the Hong Kong SAR on July 1, 1997 and served until June 2002. Dr. Ch'ien received a doctoral degree in Economics from the University of Pennsylvania in 1978. He was appointed a Justice of the Peace in 1993 and a Commander in the Most Excellent Order of the British Empire in 1994. In 1999, he was awarded the Gold Bauhinia Star Medal.