W.P. Stewart & Co. Ltd.

Mark Phelps (5) is Chief Executive Officer, President and Managing Director - Global Investments of W.P. Stewart & Co., Ltd. Mr. Phelps was appointed Chief Executive Officer in September 2008 and joined the Board of Directors at that time. He continues in his role as Global Portfolio Manager at W.P. Stewart & Co. (Europe), Ltd., the company's London research and portfolio management subsidiary, which he joined in February 2005. Mr. Phelps is a British national with more than 20 years experience in European, U.S. and Global investment research and portfolio management. For over ten years he has held senior positions with the Dresdner Bank organization in both London and San Francisco . Most recently he served as a Chief Investment Officer for Global Equities at Dresdner RCM in San Francisco . Mr. Phelps has a BA (Hons.) in Economics from the University of York in England and completed graduate studies at the Royal Military Academy Sandhurst, England. From 1981 to 1984 Mr. Phelps was in the British Army and finished his service with the rank of Captain.

Charles G. R. Target became Managing Director - Communications and Corporate Development of W.P. Stewart & Co., Ltd. in February 2007. Prior to 2007 he served as Deputy Managing Director - International Developement of W.P. Stewart & Co., Ltd. Mr. Target is an Executive Director of our Asian affiliate, Bowen Asia Limited. Prior to the founding of Bowen, Mr. Target was a general partner and director of Alan Patricof Associates, the London-based international venture capital company. Before joining Patricof in 1988, Mr. Target served as Managing Director of Business International Asia/Pacific Ltd., an economic research and consulting company owned by the Economist Group, where he was responsible for the Asian regional operations of the company.

Peter Jan P. Rubingh became Managing Director - Marketing & Client Services (Europe & Asia) in February of 2007. Prior to 2007, he was a Deputy Managing Director of W.P. Stewart in 2000 and Co-Chairman of W.P. Stewart Asset Management (Europe), Ltd. in 2001. In 1993, Mr. Rubingh co-founded TPR & Partners N.V., (now a part of W.P. Stewart Asset Management (Europe), Ltd.) an Amsterdam-based business which concentrated on gathering assets and servicing clients for W.P. Stewart. Between 1979 and 1993 he worked for Noro Nederland B.V. (The Noro Group of Companies), where he served in various capacities including Group Controller, Assistant Managing Director, Management Team Member and Portfolio Manager (Venture Capital) in The Netherlands, the United States and the Netherlands Antilles.

William O. Hall, III is Managing Director - Marketing & Client Services (United States). Prior to February 2007 he was Senior Vice President of W.P. Stewart Asset Management (N.A.) Inc. He has more than 20 years of experience in the investment and wealth management business. Prior to joining W.P. Stewart, Mr. Hall was Managing Director of H.M. Payson & Co., a private trust company in Portland, Maine. Mr. Hall was also a founder and managing principal of Hazzard & Hall, CPA's, PA. He holds a bachelors degree from the University of Richmond and a Masters in Finance from Bentley College. Mr. Hall is a Chartered Financial Analyst, a Certified Public Accountant and a Certified Financial Planner. He serves on the boards of a number of charitable organizations and is Vice Chairman of Maine Education Services.

James T. Tierney, Jr. (1,4) is an Analyst/Portfolio Manager and Senior Vice President of W.P. Stewart & Co., Inc. He joined W.P. Stewart in 2000 as a member of the U.S. equity research and portfolio management team. Mr. Tierney began his career in the Equity Research Department at J.P. Morgan Investment Management in 1988. He analyzed companies in the entertainment, healthcare and finance industries. Mr. Tierney left J.P. Morgan in 1990 to attend business school and returned after completing his M.B.A in 1992 to become a Senior Analyst. As a Senior Analyst he followed a succession of industries, including energy, transportation, media and entertainment. Mr. Tierney holds a B.S. degree from Providence College and an M.B.A. from Columbia University.

Christian Diebitsch is an Analyst. He joined W.P. Stewart in January 2004 as a member of the European equity research and portfolio management team. Mr. Diebitsch has thirteen years experience in European security analysis and most recently served as a Senior Analyst at BNP Paribas and Paribas specializing in European business services and financial exchanges. Mr. Diebitsch has a Master of Science of Business Administration from the Stockholm School of Economics and a Spanish Degree from the University of Stockholm.

Debra Randall has served as Corporate Secretary of W.P. Stewart & Co., Ltd. since January 2001. Ms. Randall, a graduate of the Institute of Chartered Secretaries and Administrators, has more than 14 years' experience in the legal and corporate services sector.

Dev Chakrabarti is an Analyst. He joined WP Stewart in October 2005 as a member of the European equity research and portfolio management team. Mr. Chakrabarti has six years financial experience, as an M&A Analyst at Merrill Lynch, a Financial Analyst with Unilever and most recently served as an Equity Analyst at JP Morgan Securities specializing in European telecom equipment stocks. Mr. Chakrabarti has a BSc. (Hons) in Economics from the University of Bristol in England

John C. Russell currently serves as a member of the Board of Directors of W. P. Stewart & Co., Ltd. since stepping down from his interim position as President and Chief Executive Officer in January of 2007. Mr. Russell relinquished the position of Deputy Chairman as of March 31, 2006 but remains a valued consultant to the firm as well as a Director and a member of the Executive Committee. He joined the Stewart Group in 1996 as General Counsel, relinquishing that position after becoming the firm's Chief Operating Officer in April 1997. From 1992 to 1996, Mr. Russell was a partner in the law firm of Kroll & Tract. From 1987 through 1992, Mr. Russell served as President and Chief Executive Officer of the Ohio Brass Company, a manufacturing company, and OB Systems and Mining, Inc., another manufacturing company. From 1980 to 1987, he served as President and Chief Executive Officer of Naarden International, Inc., an international fragrance and flavor company. In 1970, Mr. Russell was a founding partner of the law firm Anderson Russell Kill & Olick. Mr. Russell has more than 40 years of experience in domestic and international corporate and securities law.

Mr. Spurling has been a Director of W.P. Stewart & Co., Ltd. since June 2002. Mr. Spurling retired in March 2005 as Senior Partner at Appleby Spurling Hunter (formerly Appleby, Spurling & Kempe), an international law firm with offices in Bermuda, the Cayman Islands, British Virgin Islands, London (UK) and Hong Kong, where he had practiced since 1977. He obtained his English Bar qualification in 1975 and was called to the English Bar in November 1976 following pupilage at Law Chambers in London. He was called to the Bermuda Bar in 1977. Mr. Spurling also serves as a director of Belco Holdings Limited, Bermuda Electric Light Company Limited, BF&M Life Insurance Company Limited, BF&M Limited, Bermuda International Insurance Services Limted and Bermuda Press (Holdings) Ltd. in Bermuda; as a Life Trustee of the Bermuda Biological Station for Research, Inc; and as a Trustee of the St. George Foundation. Mr. Spurling was an elected Member of the Bermuda Parliament for five years and served as the Government Whip.