Robert L. Knauss

ROBERT L. KNAUSS (age 67) has served as Chief Executive Officer since
January 1994. Mr. Knauss served as Dean of the University of Houston Law
Center from 1981 through December 1993. Mr. Knauss was involved in
establishing the relationship between the University of Houston Law
Foundation and the former Soviet Union in 1991 whereby the University of
Houston Law Foundation assisted the former Soviet Union in creating the
Petroleum Legislation Project, and was involved with the government of
Russia in the development of privatization legislation. Mr. Knauss has
served as a director of Equus Investments, Inc. since 1984 and as one of
the two United States directors for the Mexico Fund since 1985. He was
elected as a director of Philip Services Corp. in 1997 following the
merger of Allwaste, Inc. and Philip Services Corp. and was elected
chairman of the board of Philip Services Corp. in May 1998. Securities
of the Mexico Fund, Philip Services Corp. and Equus Investments, Inc.
are registered under the Securities Exchange Act of 1934 (the ‘Exchange
Act’). Mr. Knauss is a graduate of Harvard University and the University
of Michigan Law School. Mr. Knauss has traveled extensively to the
former Soviet Union. Mr. Knauss has served as chairman of the board of
the Company since its inception in March 1991.