David Donnelly

DAVID DONNELLY – Chairman & Chief Investment Officer. Also a director of
Gordon House Optimal Fund plc. Chairman & Chief Executive of Highland
Participants plc until 1988 & prior to that Joint Chief Executive and
Corporate Director of R&W Hawthorn Leslie & Co. Ltd. He has over 25
years investment management experience including Walter Walker & Co.
(now part of the Indosuez Group). Educated at Trinity College, Dublin.