Robert F. Adair

The Company's principal activity is that of an Investment Trust. The objective of the Company is to make capital profits from investments in ordinary shares of selected The United Kingdom quoted companies. The Company is an Investment Company within the meaning of Section 266 of the Companies Act 1985. The Company has been approved by the HM Revenue and Customs as an Investment Trust for the purposes of Section 842 of the Income and Corporation Taxes Act 1988 for the year ended 31-May-2006. Investment management services are provided by Revera Asset Management Ltd for a fee payable monthly in arrears at a rate of 0.0833% of the market capitalisation of the Company (plus VAT at the prevailing rate). The agreement is terminable by either party not less than 12 months' notice in writing.

Consolidated General Minerals Plc is an investment company. It intends to invest in its ventures active in natural resources, which includes funding of brownfield developments in conjunction with expanding and rehabilitating existing operations, purchasing interests in existing businesses, participating in the recapitalization of existing operations and funding of stage greenfield developments. The company was founded on August 5, 2005 and is headquartered in London, United Kingdom.

Leed Resources Plc engages in investment and management services which focuses on the natural resources sector. The company was founded on December 20, 2006 and is headquartered in London, the United Kingdom.

Grosvenor Land Holdings Plc provides real estate services. It develops, manages, and invests on land and buildings. The company has sites in Maidstone, Crawley, and Manchester. Grosvenor Land Holdings is headquartered in London, UK.

Melrose Resources Plc is an exploration company, which develops and produces oil and gas with core assets in North Africa and Eastern Europe. It maintains a balanced portfolio of production, development and exploration assets in stable and low cost environments. The company has its operations mainly in Egypt, Bulgaria, Romania and France. Melrose holds interests in four concessions in Egypt; Mansoura, South East Mansoura, Qantara and Mesaha. It also conducting exploration programme in the under explored central area of the Galata block. Melrose Resources was founded in 1992 by Robert F M Adair and is headquartered in Edinburgh, the United kingdom.

Terrace Hill Group Plc engages in the business of property investment, development and trading. The company operates through two segments: Commercial Property Development and Residential Property Investment. The Commercial Property Development segment includes food stores and central London office developments. It manages a commercial development programme and a commercial investment portfolio. The company was founded by Robert Fredrik Martin Adair in 1986 and is headquartered in London, the United Kingdom.

Petroceltic International Ltd. engages in the exploration and production of oil and gas resources. The firm operates its business in Algeria, Egypt, Black Sea, and Kurdistan regions. The company was founded on May 16, 1984 and is headquartered in Dublin, Ireland.