MRU Holdings Inc.

Edwin J. McGuinn, Jr. Mr. McGuinn currently serves as a Director of the Company, having been so elected in March 2005. Mr. McGuinn also serves on the Audit Committee and the Compensation Committee and has been designated the Audit Committee Financial Expert. Mr. McGuinn is independent , as that term is used in Item 7(d) (3) (iv) of Schedule 14A under the Exchange Act. Mr. McGuinn is currently the Chairman and CEO of MRU Holdings, Inc., having held such position since April 2004. MRU Holdings, Inc. is a specialty finance company that provides undergraduate and graduate students with funds for higher education. Prior to joining MRU Holdings, Inc., Mr. McGuinn was the President and CEO of eLOT, Inc., having held such positions from May 2000 until November 2004. eLOT, Inc. is a company whose focus was the development of consumer e-commerce products and integrated network management systems for the sale of state and governmental lottery tickets on the Internet. Prior to joining eLOT, Inc., Mr. McGuinn was President and CEO of Limitrader.com from January 1999 until May 2000. Limitrader.com is the first Internet based trading platform for the new issue and secondary trading of corporate bonds. Mr. McGuinn also sits on the Board of Directors of eLOT, Inc. and the board of a venture capital company and several development stage companies specializing in financial technology and Internet services.

Raza Khan is one of the Company's co-founders. He is the Company's co-president and assistant secretary and has served on the Board of Directors since July 2004. Prior to MRU Holdings, Inc., Raza co-founded Silk Road Interactive, a consulting company advising clients on business and financial strategy, brand development and marketing, and technology. Raza worked with clients such as Sony Music, the White House Historical Association, Computers4Sure, Blades Board Skate, and RMH, a subsidiary of Advanta, among others. Raza has collaborated on the development of various innovations in the financial services sector including the development of human capital based investment instruments for which he has been cited in numerous articles and news segments including the Financial Times and CNN. He has lectured at the CATO Institute and the Harvard Business Club regarding investing in human capital. The Company and its founders have been recognized by Fast Company's Fast 50 (2006) and listed among BusinessWeek.com's Tech's Best Young Entrepreneurs (2006). Raza attended New York University.

John Derham is the Company's chief marketing officer, reporting to Raza Khan, co-founder and president. John joined MRU in October 2007. John is responsible for the development and execution of all marketing activities in the organization, including brand marketing for MyRichUncle. He joins MRU Holdings as a seasoned expert with nearly 20 years of marketing and business development experience in credit cards and mortgage loans both domestically and abroad. His diverse marketing background coupled with a highly analytical approach to solving problems has enabled him to drive growth in many ways. Prior to joining MRU, John served as SVP and chief marketing officer of Advanta Bank Corp., among other roles, such as SVP of strategic business development and SVP of decision support, over a span of 15 years. John was SVP of marketing at JPMorgan Chase in their direct-to-consumer mortgage unit and director of business analysis and business development for a division of the Royal Bank of Scotland. He is a graduate of the Villanova School of Business at Villanova University.

Jonathan Coblentz is the Company's chief financial officer and treasurer. Jonathan joined MRU in April 2007. In 1992, Jonathan began his structured finance career in the Asset Backed Finance Group of The First Boston Corporation (now Credit Suisse). During the nearly five years he spent there he structured and executed securitizations for customers over a broad range of asset classes. As part of this process, he helped various student lenders develop their student loan securitization programs. After leaving First Boston in 1997, Jonathan joined Goldman Sachs & Co., where he worked initially as an asset backed banker and later joined the firm's Principal Finance group. Prior to leaving Goldman in 2004, Jonathan led the student loan finance team, which successfully re-established the firm's presence in the student loan ABS market. In the last two years prior to joining MRU, Jonathan worked in the structured finance group at Fortress Investment Group, sourcing and analyzing investment opportunities in consumer and commercial finance and the insurance industry. Jonathan graduated summa cum laude from Yale University, receiving a B.S. in Applied Mathematics with a concentration in Economics.

Phillip J. Sbrochi, Senior Advisor Mr. Sbrochi is a 29 year veteran of Bank One where he was Head of National Retail Lending, which included the Student Loan Business for Bank One Ohio Corp. Bank One Corp. was the second largest Federal student Loan player after Sallie Mae and one of the leading private student loan originators. Mr. Sbrochi is presently working as a consultant for a Midwestern regional bank, guiding the development of a liquidation model for delinquent and charged-off loans. Prior to consulting, Mr. Sbrochi founded Break-Thru Financial Company, LLC, and raised $1.7 million in capital from individual investors. The company was formed to purchase non-performing and non-conforming consumer loans. Mr. Sbrochi worked his way up the corporation at Bank One starting in Branch Management; he was promoted as the youngest Branch Manager in history of the corporation at that time. He went on to become a Manager in Installment Loans and Vice President of the Retail Loan Division, managing the origination and servicing of all retail loan products, such as Student Loans. Mr. Sbrochi became Executive Vice President and Manager of the National Retail Lending Division and was responsible for consumer lending products that were originated through third parties. He moved to Banc One Capital Corporation as Managing Director of the Specialty Finance Mezzanine Fund, which was mainly focused on companies involved in the Specialty Finance sector. Mr. Sbrochi holds an MBA from Capital University in Columbus Ohio and a BS in Business Administration from The Ohio State University.

Vishal Garg is one of the Company's co-founders. He is the Company's co-president and secretary and has served on the Board of Directors since July 2004. Prior to MRU Holdings Inc., Vishal was a founder and managing partner at 1/0 Capital LLC and Schwendiman Technology Partners LLC, hedge funds focused on investments in emerging markets. At Schwendiman, Vishal managed a group of funds focused on emerging markets for large clients such as Bank Julius Baer, Credit Suisse Group, Republic National Bank/HSBC, Pictet & Cie., among others. In addition, he was the portfolio manager for a $15 million frontier markets managed account for Goldman, Sachs Commodities Corp. Prior to 1/0 and Schwendiman, Vishal was with Morgan Stanley in the Latin America Investment Banking and M&A groups with a focus on telecom, technology and media companies. Prior to Morgan Stanley, he was with VZB Partners, as the Asia Pacific portfolio manager for the Strategos Fund, managing an investment portfolio of $50 million, and co-managing a $10 million managed account for Rockefeller & Co. The Company and its founders have been recognized by Fast Company's Fast 50 (2006) and listed among BusinessWeek.com's Tech's Best Young Entrepreneurs (2006). Vishal graduated Beta Gamma Sigma with highest honors from the Stern School of Business at New York University.