Pure Cycle Corp.

Scott E. Lehman has provided consulting engineering services for Pure Cycle since 1996. He was hired as a fulltime employee in January 2003. He is responsible for all phases of planning and designing of the water and wastewater systems as well as the development of terms and conditions for service agreements. He is the operator in charge for Pure Cycle's water and wastewater facilities. Mr. Lehman acts as Corporate Secretary of Pure Cycle and also serves on the board of the Rangeview Metropolitan District. He received a Bachelor of Science Degree in Civil Engineering from the University of Colorado at Boulder (1978) and a Masters of Science Degree in Environmental Engineering from Stanford University (1981).

Peter C. McC. Howell has served as advisor to various business enterprises in the areas of acquisitions, marketing and financial reporting from 1997 to the present. He was Chairman and Chief Executive Officer of Signature Brands USA, Inc. (formerly known as Health o meter, Inc.) from August 1994 to August 1997; and President, Chief Executive Officer and a director of Mr. Coffee, inc. from 1989 to 1994. He is a member of the board of directors of Pure Cycle Corporation (NASDAQ:PCYO). Mr. Howell has been a director of the Company since 1993.