started his career in the Merchant Banking Department at Morgan Stanley & Co. in 1987. Mr. Zepf is currently a member of the board of directors of Ironshore Ltd. a global specialty property casualty insurance company, since December 2006. Andrew Cook, Chief Financial Officer: Mr. Cook is currently a director

able for Penton Media to it prior to presenting them to us. Mr. Zepf will be required to present all business opportunities which are suitable for Ironshore Ltd. to it prior to presenting them to us. Mr. Cook will be required to present all business opportunities which are suitable for Blue Capital Reinsur