BOARD OF DIRECTORS

Sir Ron Brierley, Chairman
Sir Ron Brierley implemented his investment approach successfully having founded Brierley Investments Limited in 1961. Following his appointment to the Board of Guinness Peat Group plc in 1990, Sir Ron has continued to apply and develop this approach within the Company.
Chairman of the Audit Committee and the Remuneration Committee

A. I. Gibbs, Executive Director
Tony Gibbs has been involved with public company boards for many years. His experience includes mergers, acquisitions and divestments. He is chairman of Tower Ltd., Turners & Growers Ltd and Staveley Inc., and a director of Coats plc.

B. A. Nixon, Executive Director
Blake Nixon has wide corporate experience both in the UK and Australia. He is a director of Coats plc and Staveley Inc.
Member of the Audit Committee and the Remuneration Committee

Dr G. H.Weiss, Executive Director
Gary Weiss has considerable experience in the international business scene. He is chairman of Coats plc and a director of various public companies outside the UK including Westfield Group.
Member of the Remuneration Committee

* Directorships for all directors as at 15 December 2008.