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GLOBAL INVESTMENT BANKING FROM THE UNITED ARAB EMIRATES

A MEMBER OF GLOBAL ALLIANCE PARTNERS, WITH OFFICES IN 24 COUNTRIES IN AFRICA, ASIA, EUROPE, NORTH AMERICA AND THE MIDDLE EAST

!
Partners in: Angola. Australia: Sydney. Botswana. Canada: Toronto, Vancouver, Calgary. China: Beijing, Hanhzhou, Nanning, Ningbo, Shenzen, Shanghai, Shenyang, Xiamen. Hong Kong. Japan: Tokyo, Osaka, Fukuoka, Nagoya, Matsumoto. Kenya. Laos. Malawi. Malaysia. Mali. Mauritius. Namibia. Nepal: Kathmandu. Panama. South Africa. Switzerland: Geneva. Thailand: Bangkok, Phuket. United Kingdom: London. U.S.A.: New York. Vietnam: Ho Chi Min City, Hanoi. Zambia and Zimbabwe.
-1December, 2012

A Founding Member of Global Alliance Partners

OUR PHILOSOPHY
We are a People Business: Our team is discreet, internationally experienced and of the highest calibre. Our Culture of Innovation: Our edge lies in a relentless pursuit of new and more effective financial tools for a better way to do business. A Partnership for Success: Our commitment to our clients leads us and our partners to sometimes co-invest with them. Global network, local delivery: We are based in the Middle East; with an international portfolio of local and international partners and clients we have an extensive global reach and distribution network. Transparency and Strong Corporate Governance are keys: We have strict controls and are accountable for what we deliver.

ABOUT MAC CAPITAL


MAC Capital Limited (MAC) is the Dubai-based member of the MAC Group, with its head- quarters in the Dubai International Financial Centre ("DIFC"). The MAC Group was founded in early 2006 by its Chairman, Robert W. McMillen, in partnership with an international group of financial institutions, stock brokers, investment banks and prominent international business executives and two local partners. MACs aim is to be a leading niche international investment banking group, with its base in Dubai and servicing clients worldwide. MAC has already developed a reputation as a specialist in mid-tier, cross border transactions. We are a founding member of Global Alliance Partners (GAP), formed in 2009 to provide a substantial international network to our client base. We are able to trade on over 40 stock exchanges through the World.

OUR LICENSES AND BUSINESS


Licenced by the Dubai Financial Services Authority (DFSA), as a Category 3 Investment Bank, we are able to; - Arrange Credit or Deals in Investments; - Advise on Financial Products or Credit; - Deal in Investments as a Matched Principal; and - Arrange Custody.
-2December, 2012

HISTORY OF THE MAC GROUP


2006 11 Jan McMillen Advantage Capital Limited (MAC) formed in Hong Kong, with shareholders including Robert W. McMillen, Quam Limited, Killik & Co, Banque Morval, Finansia Syrus Securities and several high net worth international business persons. MAC signed a Joint Venture Agreement with the Sharaf Group to form a brokerage operation in the U.A.E. Major General Mohammed Al Ali also becme a joint venture partner. MAC Sharaf incorporated in the U.A.E. MAC Capital Advisors Limited (MACCA) formed in St. Lucia. MACCA approved to advise listings on the NASDAQ Dubai. MACCA completes its first cross order M&A transaction with the USD 62.85 million acquisition of shares in a listed company in Thailand by major Dubai and Kuwaiti corporates. MAC Sharaf granted licence to trade shares by ESCA. MAC Sharaf granted membership to the DFM MAC Sharaf conducted first trade on the DFM MACCA commences corporate Research on companies in the U.A.E. MAC Sharaf granted membership on the ADX. MAC Sharaf conducted first trade on the ADX MAC Sharaf arranges first trade on the NASDAQ Dubai MAC Capital incorporated in the Dubai International Financial Centre MAC Capital licenced as a Category 2 Investment Bank by the DFSA. MAC Capital announced its first international cross border M&A deal MAC Capital granted membership to the NASDAQ Dubai. MAC Capital announces its first appointment as an advisor to a Secondary Listing on the NASDAQ Dubai. MAC Capital advises the First Chinese Company (and NYSE listed company) to list its shares on the NASDAQ Dubai. MAC Sharaf approved as an Introducing Broker on the DGCX. MAC Sharaf suspends its brokerage operations due to poor market conditions in the local U.A.E. markets. (MAC Capital continues to provide brokerage services)

OUR GROUP SERVICES


Investment Banking and Advisory Services Merger and Acquisition Services
Cross border Mergers and Acquisitions Buy and Sell Side M&A Mandates Joint ventures and strategic alliances Introducing technical partners to financial partners

Brokerage and Financial Advisory Sales and Distribution


- IPO distribution - Secondary placement of large share blocks - Private Placements of new and existing equity

1 Feb 10 June 12 June 18 Aug 27 Nov 28 Dec

IPO & Listing Advice


Initial Public Offerings Place newly issued stock with investors Arranging Underwriting Placement Syndication Listings on the NASDAQ Dubai (primary and secondary)

Structured Products
- Developments of new financial products - Warrants, options and derivatives - Convertible debentures - Quasi-debt/equity products - Advising on how these products can assist clients.

2007 7 Feb 20 Feb 28 Feb 1 Mar 24 July 30 Sep 24 Oct 7 Nov 27 Nov 20 Dec 2008 22 Jan 23 Jan 14 Oct 2009 30 Mar 2010 30 Sept

Debt Restructuring Advice


- Restructuring of debt on behalf of troubled countries - Quasi-debt issuance - Rehabilitation of companies facing financial difficulties - Assist clients with negotiations with bankers.

Commodities Trading
- Introduce clients to Commodities Trading products (including Oil, Foreign Exchange, Precious Metals) - Trading will be done directly with a licensed broker and international service providers.

Private Equity Placements


- Capital raising using our global network - Specialization in cross border

Advisory and Valuation Services


- Valuations - Strategic financial advice

We may also syndicate a group of investors to co-invest in suitable projects.

We are regulated by the DFSA and may provide services to professional clients (as defined by the DFSA Handbook)
-3December, 2012

THE MAC GROUP


Shareholders: OUR DUBAI-BASED PARTNERS

OUR SHAREHOLDERS AND GLOBAL NETWORK


Our international network is extensive with our shareholders based in the key global financial centres:

GLOBAL MAC EUROPE AUSTRALASIA


Tokyo

Hong Kong

THE SHARAF GROUP (SHARAF INVESTMENTS LLC)

MOHAMMED ABDUL RAHIM AL ALI

London Killik & Co, Stock Brokers, Wealth Managers and Fund Managers

Capital Partners Securities Co., Ltd, Stock Brokers, Fund Managers and Investment Bankers

17.86%

82.14% 100%

Operating Entities:
**
Geneva

Underlying Businesses: (also see page 3)


CROSS BORDER BROKERAGE INVESTMENT BANKING Merger Acquisitions, IPO and Listing Advice, Debt Restructuring Advice, Private Equity Placement, Advisory and Valuations Service RESEARCH

Quam Securities Co Ltd*, Stock Brokers, Fund Managers and Investment Bankers Knight Pacific Fund, Fund Manager

Banque Morval, Private Bankers

Dubai Thailand Finansia Syrus Securities PLC * Stock Broker and Investment Banker

Sales and distribution, Structures products,

Specific Corporate Research

MAC Capital Limited Investment Bank, Dubai

* Listed in their home markets

** Licensed by the DFSA

In addition, several private family groups hold shares and, of course, management has a significant stake in MAC

(* Denotes listed on its own exchange)

-4December, 2012

WHO IS GLOBAL ALLIANCE PARTNERS?


GAPs Services ;
GAP is an international network of likeminded financial services companies that leverage local execution and distribution capabilities to expand cross-border services in private equity, mergers and acquisitions, private placement, advisory, pre-IPO, funds management, capital raising and wealth management.

Snapshot of GAP ;
Has 13 fully-licenced Member Firms In 24 Countries About 140 Offices Around USD 6 billion under management Completed Corporate Finance Transactions worth almost USD 33 billion (Over 1,100 transactions)

How GAP helps MAC Capital Clients ;


GAP provides the bridge between mid-sized companies and the international financial market. MAC Capitals Clients have full access to this network, allowing them to transact in multiple jurisdictions.

The Global Network ;


The fast-growing network is composed of partner firms whose local expertise and global reach span strategic markets in Africa, Asia, Europe, the Middle East and North America.

GLOBAL ALLIANCE PARTNERS BRIDGES THE GAP IN THE WORLDS CAPITAL MARKETS.

-5December, 2012

GAP MEMBERS ------ A TRULY GLOBAL ALLIANCE AALLIANCEALLIANCE


Partner Capital Partners Securities CG Finco Pvt. Ltd. Clarus Securities Inc. European American Equities Inc Imara Holdings Killik & Co. MAC Capital Limited Quam Financial Services Group Ram Partners SA Seamico Securities Plc Seymour Pierce Thanh Cong Securities Transocean Group Countries and Offices Tokyo, Osaka, Nagoya, Fukuoka (Japan), Hanoi, Ho Chi Minh, Da Nang (Vietnam), Singapore, Almaty (Kazakhstan) and Nagpur (India) Kathmandu (Nepal) Toronto, Vancouver and Calgary (Canada) New York, San Francisco, Aspen and Denver (U.S.A.) Botswana, Angola, South Africa, United Kingdom and associate offices in Malawi, Mauritius, Zambia, Zimbabwe, Kenya and Namibia Greater London (10 branches) and Ipswich (United Kingdom), Dubai (U.A.E.) Dubai (U.A.E.) Central, North Point (Hong Kong), Ningbo, Shanghai, Shenzen, Shenyang, Dalian, Beijing, Suzhou, Chengdu, Hangzhou, Xian (China) Geneva (Switzerland) Thailand (23 branches, including head office), Laos and Vietnam United Kingdom Ho Chi Minh City and Hanoi (Vietnam) Australia, China, Mali

Further discussions are taking place in regard to new partners in Russia, Korea, Scandinavia and Sri Lanka.
-6December, 2012

OUR AWARD WINNING TEAM


We have a very strong team and its members have an enviable track record; Multi-national Award Winning Team
The Team has won 13 awards from such institutions as Forbes Magazine, Asset Magazine, FinanceAsia Magazine, The Stock Exchange of Thailand, the Institute of Directors and IFR Magazine With over 17 new products introduced for the first time into emerging financial markets Covering products such as Merger and Acquisitions, Debt and Quasi-Debt Capital Raising, On Market Acquisitions, New Listings, Private Placement, Convertible Bonds and Specialist Advice Our team has been drawn from such international houses as Deutsche Morgan Grenfell, Ernst & Young, and Hambros Bank. They have worked in London, Hong Kong, Dubai, Thailand, South Africa, Egypt, Jordan and Australia. Led Seamico Securities from US$ 7.5 million market capitalization (60 staff) to US$ 280 million (600 staff) in ten years. Led Raimon Land from US$ 2.5 million value to US$ 100 million market capitalization in four years (and then arranged its sale to Middle East investors) Sharaf Group a family group with over 3,000 employees in 50 different locations worldwide family. Al Ali Group significant Dubai based family, with interests in Hotels and Property Finance institutions in seven different countries as shareholders and partners. Stock brokers, merchant banks, fund managers and private banks as shareholders and partners. The staff own over 25 per cent of the Company. Further incentive based options means our team is the very foundation the Companys development.

THE INTERNATIONAL AWARDS WE HAVE WON


Our award winning team members have led their firms to the following accolades:

Winner Best Under a Billion, Forbes Global 200 Best Small Companies for 2003. Winner Best Under a Billion, Forbes Asia/Pacific 100 Best Small Companies for 2004. Winner Best Under a Billion, Forbes Asia/Pacific 200 Best Small Companies for 2005. Winner Triple A Best Equity House Thailand 2003, The Asset Magazine. Winner Best Local Broker, FinanceAsia Magazine for 2001. Winner Best Local Broker, FinanceAsia Magazine for 2002. Winner Best Local Broker, FinanceAsia Magazine for 2003. Winner Best Local Broker, FinanceAsia Magazine for 2004. Winner Best Equity House, FinanceAsia Magazine for 2007. Top 50 Companies in Thailand ranked on Corporate Governance, 2005. Top 3 Securities Companies, ranked by Corporate Governance Standard 2006 (Thailand).

A History of Developing New Products in New Markets


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Multi-billion dollar Execution Track Record


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International Top Level Experience

We Build Businesses
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Our local partners are well connected in the UAE

Our international network is substantial

Our team is very much committed to the business


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Our Team is a specialist in mid-tier cross border transactions and have an evitable track record in advising family-owned corporates and listed companies in the Middle East
-7-

Our Teams many awards reflect their commitment to corporate governance, Promotion to a component member of the Stock product Exchange and performance. delivery of Thailand 100 Index.

December, 2012

INVESTMENT BANKING DEALS


INVESTMENT BANKING TRANSACTIONS ALL OVER THE WORLD
Our Team has been involved in a multitude of transactions covering countries such as ;
Australia Canada China Cuba Egypt France Hong Kong Kazakhstan Kenya Kuwait Malaysia New Zealand Oman Samoa South Africa Sweden Thailand U.A.E. Uganda U.S.A. United Kingdom Vietnam

MULTI-BILLION DOLLAR EXECUTION TRACK RECORD


The MAC Team has significant in-house expertise in the following sectors:
Sector Automotive Banking, finance and securities E-Commerce and Telecommunications Electronic Components Energy and Petrochemical Healthcare Insurance Manufacturing and Industrial Media, entertainment, printing and publishing Property and Hotels Steel and construction Transportation No. Of Transactions 5 53 18 7 13 5 26 30 26 41 23 4 Total transactions volume (US$ millions) 14.74 1,737.99 57.12 113.85 579.26 4.34 232.26 323.22 345.25 781.55 1,017.79 15.94

and the following transaction types:


Products Capital raisings Debt and Quasi-Debt M&A Transactions New listings Rescues, rehabilitation, reorganizations and Delistings Specialist advice and valuations No. Of Transactions 73 18 72 54 27 84 Total transactions volume (US$ millions) 1,306.36 632.08 1,989.09 1,397.07 2,281.11 2,305.27

The Team has completed over US$ 12 billion of Investment Banking Transactions
-8December, 2012

WE CAN TRADE STOCKS AND COMMODITIES IN OVER 40 MARKETS


www.maccapital.ae We have offices, affiliates and trading partners in 24 countries OUR OFFICES
Hong Kong (Holding Company)
23 Floor, Tung Hip Commercial Building, 244 Des Voeux Road, Central, Hong Kong Tel: (852) 2545-1518 Fax: (852) 2542-4060
rd

Dubai (Registered office)


Office No. 909, 9 Floor, Liberty House, Dubai International Financial Centre (DIFC), Sheikh Zayed Rd, Dubai, U.A.E. Tel: (971) 4 449 6540 Fax: (971) 4 447 4031
th

Thailand (C/O The Brooker Group Plc.)


26 Floor, The Trendy Building 10/190-193 Soi Sukhumvit 13 Sukhumvit Rd., Klongtoey Nua,, Wattana, Bangkok 10110, Thailand Tel: +66 2 168 7114 Fax: +66 2 168 7111-2
th

OFFICES OF OUR AFFILIATES


Partners in: Angola. Australia: Sydney. Botswana. Canada: Toronto, Vancouver, Calgary. China: Beijing, Hanhzhou, Nanning, Ningbo, Shenzen, Shanghai, Shenyang, Xiamen. Hong Kong. Japan: Tokyo, Osaka, Fukuoka, Nagoya, Matsumoto. Kenya. Laos. Malawi. Malaysia. Mali. Mauritius. Namibia. Nepal: Kathmandu. Panama. South Africa. Switzerland: Geneva. Thailand: Bangkok, Phuket. United Kingdom: London. U.S.A.: New York. Vietnam: Ho Chi Min City, Hanoi. Zambia and Zimbabwe.

Countries where we can Execute Brokerage Trades for Clients through Our Network; (on a selected basis)
Australian Stock Exchange, Bahrain Stock Exchange, Botswana Stock Exchange, Canada Toronto Stock Exchange Cote DVoire Stock Exchange, Egypt Egyptian Stock Exchange, France Stock Exchange Paris Hong Kong Stock Exchange, Indonesia Stock Exchange, Jordan Amman Stock Exchange, Kenya Stock Exchange, Kuwait Stock Exchange, Lusaka Stock Exchange, Malaysia Borsa, Malawi Stock Exchange, Stock Exchange of Mauritius, Nigerian Stock Exchange, Namibia Stock Exchange, Oman Muscat Securities Market, Philippines Stock Exchange, Qatar Doha Securities Market, Saudi Arabia Tadawul, Scandinavia OMX Nordic Exchange, Stock Exchange of Singapore, South Africa Johannesburg Stock Exchange, Gaberone, Harare, Lusaka, Windhoek, Blantyre, Nairobi Switzerland Stock Exchange, Shanghai Stock Exchange, Shenzhen Stock Exchange, Tokyo Stock Exchange, Osaka, Fukuoda, Stock Exchange of Thailand, Taiwan Stock Exchange, Turkey Istanbul Stock Exchange, Uganda Stock Exchange, Dubai Financial Market, Abu Dhabi Securities Exchanges and NASDAQ Dubai, London Stock Exchange, A.I.M. NYSE and NASDAQ OMX,
-9December, 2012

A HISTORY OF LEADING INNOVATION IN ASIA


The MAC team members have introduced the following financial

AND NOW IN THE U.A.E


In the U.A.E. we have also already started to develop a reputation for innovation
First start-up firm to obtain a Category 2 license in the DIFC Advised on First Chinese Company to list on the NASDAQ Dubai Advised on First NYSE listed Company to list on the NASDAQ Dubai First broker to trade on Australian dual-listed stocks First broker to trade on U.S.A. dual-listed stocks One of only 14 brokers who were able to arrange trades on all three UAE stock markets.

products to Thailand for the first time:


The first Initial Public Offering under the SEC Act. The first Conditional Application to conduct an Initial Public Offering. The first Public Tender Offer under the SEC Act. The first Underwritten Debenture with Warrant by Rights under the SEC Act. The first Non-public Offering of a Pre-IPO Convertible under the SEC Act. The first five-year Call Warrant issued by Rights. The first ESOP Scheme where more than 5 per cent of the Companys capital was issued to employees. Called the first (and second) Call Warrants in Thailand. The first Rights Issue with Concurrent Special Dividend. The first Rights Issue, coupled with a Special Dividend and Warrants. The first Rights Issue with Warrants issued below par. The first Warrant Issue in Thailand with a 10-year term. The first pre-approved exemption from Clause 30 (Delisting) regulations. The first capital reduction, simultaneous with a rights issue. The first IPO and listing on the MAI. The first IPO with Warrants attached in Thailand (and on the MAI). The first IPO with Warrants attached on the SET.

...and there is more to come..

Our history of innovation and willingness to help new markets develop and has now led us to the U.A.E. Market
- 10 -

We have a very experienced product development team with a great track record

December, 2012

WE ARE A YOUNG COMPANY BUT ARE ALREADY SUCCEEDING IN MAKING OUR MARK IN CROSS BORDER M&A TRANSACTIONS FROM THE MIDDLE EAST AND BEYOND RECENT TRANSACTIONS INCLUDE :
Since our formation of the group in 2006, MACs merchant banking team has already successfully concluded or significantly advanced a number of important transactions: 2006 to 2008
MAC Capital Group MAC Capital Group Grande Asset Development PLC Grande Asset Development PLC Establishment of Asian Focused Direct Investment Fund Establishment of a new direct investment fund to take strategic stakes in listed Asian Companies Established of a new stock broker in the U.A.E., with seats on the Dubai Financial Market and the Abu Dhabi Stock Exchange AED 50 million (including statutory guarantees) JUNE 2006 Sale of 16.3% of Grande Asset. (This led to a full take over offer for Grande Asset.) THB 990.86 million JULY 2006 Sale of significant interest in listed company, selling further 13.8% of its paid-up capital to an affiliate of Lehman Brothers. THB 836.9 Million JULY 2006 Investors from Kuwait, USA, Europe, the Pacific Islands and Asia all participated. US$ 20 million AUGUST 2006. Sale of 300 million shares in Raimon Land Plc., a Thailand based, listed property developer, to several GCC based investors THB 405 million SEPTEMBER 2006 Raimon Land PLC

Establishment of a newly formed advisory and brokerage group. US$ 13.83 million (Including capital increase) JANUARY 2006

Raimon Land PLC

Private Transaction: Joint Venture in Dubai Successful establishment of a joint venture in Dubai between a Middle East group and an Asian-based interior design company. Undisclosed sum APRIL 2007

Private Transaction: On Market Take Over in Asia On market acquisition of a significant interest in a listed financial services company in Asia. US$ 18 million APRIL 2007 Establishment of a new investment bank in the Dubai International Financial Centre with a seat on the NASDAQ Dubai US$ 5 million NOVEMBER 2007 Tethys Oil AB (public) Private Placement of 4,800,000 shares and 960,000 free warrants at SEK 19.00 each SEK 91.2 million MARCH 2008 Private Placement of new shares with free warrants attached for this NYSE listed company US$ 10 million JULY 2008

Sale of 52.86 % of the paid-up capital of Raimon Land Plc to IFA Hotels and Resorts, Isitithmar Hotels and others. THB 2.26 billion DECEMBER 2006

Appointed Market Maker to the Company to the listing on the NASDAQ Dubai JULY 2008

Leisure Canada Inc. Private Placement of 10,000,000 new shares with 5,000,000 free warrants attached DECEMBER 2008

- 11 December, 2012
Note: MAC Sharaf operations are currently suspended by ESCA, regulatory authority; MAC Capital is not a member of NASDAQ Dubai anymore.

RECENT TRANSACTIONS (Continued)


2009 to 2012

ALMAL BANK QFC


Leisure Canada Inc. Private Placement of 1,000,000 new shares with 500,000 free warrants attached MARCH 2009 Citigold Corporation Ltd. Private Placement of new shares for this ASX and NASDAQ Dubai listed company MARCH 2009 Leisure Canada Inc. Private Placement of 2,500,000 new shares with 1,250,000 free warrants attached JUNE 2009 (QATAR) Tethys Oil AB (public) Private Placement of 2,000,000 shares at SEK 20 each SEK 40 million JUNE 2009 Advisory Preliminary advice and feasibility study OCTOBER 2009

THE CHILDRENS INVESTMENT MASTER FUND AND OTHER PARTIES


Sale of 24.8% of a listed property company in Thailand for Baht 550.08 million JANUARY 2010

Seamico Securities Plc

International Capital Raising for the Toronto Stock Exchange Listed Oil and Gas Company US$ 100 million OCTOBER 2010

Raimon Land PLC Tethys Oil AB (public) Block sale of shares SEK 85.7 million DECEMBER 2010 Private placement of 9.2 million shares at GBP 0.20 each MAY 2011 Advised on Rights Issue of Warrants THB 2,458,104,085 (when exercised) MAY 2012 Symphony identified a product distributor for the Peoples Republic of China JULY 2012 Sale of 26.88 million shares of Seamico Securities Plc for THB 38.98 million SEPTEMBER 2012

We now have a selection of mandated assignments in countries including; Australia, Thailand, Canada, India, China, Oman, U.A.E., Mongolia, Morocco, Kenya, Sweden, Uganda and the United Kingdom
- 12 December, 2012

NEW LISTINGS

First Listing of a Chinese Company on the NASDAQ DUBAI (Also first Chinese listing in the GCC and first NYSE company listed on the NASDAQ DUBAI) US$ 450 million October 2008

We were very active in the Market Making on the NASDAQ DUBAI, being the first Broker to initiate trades on that market for NASDAQ OMX, Citigold, Boulder Steel, Sphere Investments and Netsol Technologies.

We hope to announce several other significant transactions in the very near future.
- 13 December, 2012

OUR LOCAL PARTNERS IN THE U.A.E.

Sharaf Investment LLC (Sharaf) is an investment arm of the Sharaf Group of Companies (Sharaf Group). The Sharaf Group was established in 1976 in Dubai, United Arab Emirates by two enterprising brothers of U.A.E. origin, Mr. Ibrahim Al Sayed Mohd Hussain Sharaf and Mr. Sharfuddin Al Sayed Mohd Hussain Sharaf.

SHARAF INVESTMENT LLC

The first business that was shipping and other shipping and transport related activities. The Group diversified other business, such as Retail Fashion, Retail Electronics, Cargo, Logistics, Financial Services, Real Estate, Warehousing, Logistics, Travel and Tourism. Sharaf owns 9.43 per cent of MAC Capital.

Mr. Mohamed Abdul Rahim Al Ali (Mr. Al Ali) is a well-known U.A.E. businessman, with significant public and private sector experience. Mr. Al Ali was for some time a senior member of the Ministry of Defence of the U.A.E. He is the founder of Al Ali Property Investment Group (API) which was formed in 1985. At present, APIs portfolio of prime properties includes; The API World Tower, a 31-floor, ultra modern office block Centrepoint Apartments, 168 luxury residential suites Courtyard Villas, contemporary residences featuring local ethnic architecture. Mr. Al Ali owns 9.43 per cent of MAC Capital.

MR. MOHAMED ABDUL RAHIM AL ALI

- 14 December, 2012

THE MAC CAPITAL TEAM


MANAGEMENT ANDTEAM THE MAC CAPITAL INVESTMENT BANKING
Team Members
Team Members Team Members

Robert W. McMillen Robert W. McMillen Chairman Robert W. McMillen Chairman


Chairman

Current: Chairman and CEO, MAC Capital Limited Positions Founder of MAC Previous and Other Current Special Achievements Previous and Other Current Positions Special Achievements Group Founder and Chairman, McMillen Advantage Capital Limited. Very senior corporate finance and broking professiona Current: Current: Chairman and CEO, MAC Capital Limited Founder of MAC Group Took Seamico Securities from US$7.5 million market c Chairman, Global Alliance Partners Chairman and CEO, MAC Capital Limited Founder of the MAC Group Founder and Chairman,MAC Sharaf Securities (UAE) LLC. Very senior corporate finance and broking professional. (60 staff) to over US$280 Vice Chairman, McMillen Advantage Capital Limited. Founder and Chairman, McMillen Advantage Capital Limited. Very senior corporate finance and broking professional. million (600 staff) Chairman, Global Alliance Partners Took Seamico Securities from US$7.5 million market capitalization Acquired million market Director Global Alliance Partners Vice Chairman,and EXCO Member, Brooker Group Plc Took Seamico Securities from US$7.5 Raimon Land for US$ 2.5 million and saw it g (60 staff) to over US$280 million (600 staff) Vice Chairman, MAC Sharaf Securities (UAE) LLC. capitalization (60 staff) to market capitalization of over US$ 120 million (before over US$280 million (600 staff) Vice Chairman, MACDirector and EXCO Member, Seamico Securities Plc. Securities (UAE) LLC. Independent Sharaf Brooker Group Plc Acquired Raimon Land for US$ 2.5 million and saw it grow to a Director and EXCO Member, Acquired capitalization for sale 2.5 Istithmar and IFA). to a US$ to million and saw it grow Director and EXCO Member, Brooker Group Plcbased Fund Management Companies in the Quam Group Land of over US$ 120 million (before arranging its Independent Director, several Asian Securities Plc. market Raimon Independent Director and EXCO Member, Seamico market capitalization of over US$ 120 million (before arranging Independent Director, and EXCO Member,Fund Management Companies in the Quam Group Director several Asian based Seamico Securities Plc. sale to Istithmar and IFA).Chartered Accountant Previous: Independent itsChartered Accountant IFA). sale to Istithmar and Independent Director, several Asian based Previous: Country Head, Deutsche Morgan Fund Management Companies in Quam (Institute of Chartered Accountants, in Australia) Grenfell, Thailand Chartered Accountant Accountants, in Australia) Group Head, Deutsche Morgan Grenfell, Thailand (Institute of Chartered Senior Positions in Europe, Australia, Asia and the Mid Country Chairman of EXCO and Director, Raimon Land Plc. (Institute of Chartered Accountants, in Australia) Middle East Previous: Senior Positions in Europe, Australia, Asia and the Chairman of EXCO and Director, Raimon Land Plc. CEO, Seamico Securities Plc., Senior Positions in Europe, Australia, Asia and the Middle East Country Head,Securities Plc., Thailand Thailand CEO, Seamico Deutsche Morgan Grenfell, Thailand Principal, Mergers and Raimon Land Ernst & Young, Hong Kong Chairman Mergers and Acquisitions, Ernst & Young, Hong Kong Principal, of EXCO and Director,Acquisitions,Plc. CEO, Senior Manager, Plc., Thailand Sydney Seamico Securities Hambros Bank Senior Manager, Hambros Bank Limited, Limited, Sydney
Principal, Mergers and Acquisitions, Ernst & Young, Hong Kong Current: Manager, Hambros Bank Limited, Sydney Senior Current: Director: Investment Banking, MAC Chairman, Global Alliance PartnersCapital Limited, UAE Limited, UAE Director: Investment Banking, MAC Capital Director, MAC Current: Director,Capital Advisors Limited Limited MAC Capital Advisors Director, McMillen Advantage MAC Capital Kong Director: Investment Banking, Capital, Hong Limited, UAE Previous: Director, McMillen Advantage Capital, Hong Kong Director, MAC Capital Advisors Limited Executive Vice President, Investment Banking, Seamico Previous:McMillen Advantage Capital, Hong Kong Securities PLC, Thailand Director, Manager: Investment Banking, General Finance and Securities PLC, Thailand Previous: Executive Vice President, Investment Banking, Seamico Securities PLC, Thailand Manager: Investment Banking, General Finance and PLC, Thailand Executive Vice President, Investment Banking, Seamico SecuritiesSecurities PLC, Thailand Manager: Investment Banking, General Finance and Securities PLC, Thailand
Current:

THE MAC CAPITAL TEAM MANAGEMENTOther Current PositionsBANKING AND INVESTMENT Previous and MANAGEMENT AND INVESTMENT BANKING

Special Achievements

Lalida Rojanavasee Director: Investment Banking


Lalida Rojanavasee Lalida Rojanavasee Director: Investment Banking

Strong history in corporate finance, particularly cross border M&A Strong history in corporate finance, particularly cross and IPO and IPO of new products and the Highly experienced in the development Strong history in corporate finance, particularly cross border Highly experienced in the development of new produc technical aspects of Investment Banking M&A and IPO MBA (Drexel University, USA) technical aspects of Investment Banking Highly experienced in the development of new products and the Bachelor Business Administration MBA (Drexel technical aspects of Investment Banking University, USA) (Chulalongkorn University, Thailand) Bachelor Business Administration MBA (Drexel University, USA) Bachelor Business Administration (Chulalongkorn University, Thailand) (Chulalongkorn University, Thailand)

Director: Investment Banking Current: Vice President, Investment Banking, MAC Capital Limited, U.A.E. Senior

Aamir Quraishi Senior Vice President: Investment Banking


Aamir Quraishi Aamir Quraishi Senior Vice President: Investment Senior Vice President: Banking

15 years of global investment banking experience, with over 15 years ofof completed M&A and Capital Markets transactions. US$20bn global investment banking experience, with over Director, Montpelier Holdings Limited Current: Senior US$20bn of completed M&A and Capital MarketsTokyo and since Based primarily out of London with experience in transactions. Previous: Vice President, Investment Banking, MAC Capital Limited, U.A.E. Director, MontpelierFounder &Limited Partner Based 2007 in the MENA region.with experience in Tokyo and since SeniorCapitalPresident, Investment Banking, MAC Capital Limited, U.A.E. Vice - Holdings Managing 15 late primarily out of Londonyears of global investment banking experience, wit Montpelier Previous: Director, Montpelier Holdings Limited& Emerging Markets Representative (Dubai) late 2007 in the MENA region.Instituteof completed M&A and Capital Markets tran US$20bn and FSA registered as Member of the UK Securities Libertas Partners LLP, Corporate Finance Director Montpelier Member of the UK Securities Institute and FSA registered as with experience in Toky Corporate Finance and Investment Advisor. out of London Libertas Capital Group Plc (London/Dubai), Partner Based primarily Previous: Capital - Founder & ManagingManaging Director Investment Banking Corporate Finance and Investment Advisor.LSE AIM Admissions from Libertas Partners LLP, Corporate(London), Director & Emerging Markets Representative Finance Vice President Corporate Finance & Advisory Qualified nominated advisor (NOMAD) for MENA region. Dresdner Kleinwort Wasserstein late 2007 in the Montpelier Capital - Founder & Managing Partner (Dubai) Qualified nominated advisor (NOMAD) for LSE AIM 2005-2009. Price Waterhouse (London), Manager Audit & Business Advisory Member of the UK Securities Institute and FSA registe Libertas Partners LLP, Corporate Managing Director Investment Banking (Dubai) Admissions from 2005-2009. Libertas Capital Group Plc (London/Dubai),Finance Director & Emerging Markets Representative qualified Chartered Accountant (Institute of England & Wales). ACA Corporate University.and Investment Advisor. Libertas Capital Group Plc (London/Dubai), Managing Finance Investment ACA qualified Chartered Accountant (Institute of Dresdner Kleinwort Wasserstein (London), Vice President CorporateDirector& Advisory BankingEconomics graduate from Cambridge Finance England & Qualified nominated advisor (NOMAD) for LSE AIM Ad Wales). Price Dresdner Kleinwort Wasserstein (London), Vice President Corporate Finance & Advisory Waterhouse (London), Manager Audit & Business Advisory Economics graduate from Cambridge University. 2005-2009. Price Waterhouse (London), Manager Audit & Business Advisory

Investment Banking

- 15 - 15 -

ACA qualified Chartered Accountant (Institute of Engl May, 2012 Economics graduate from Cambridge University.
December, 2012

THE MAC TEAM


Name and Qualifications Previous and Other Current Positions
Current: Senior Advisor to MAC Capital Limited, Dubai Senior Advisor to McMillen Advantage Capital Limited Previous: Senior Advisor to MAC Sharaf Securities (U.A.E.) LLC Chairman, Dinar General Maintenance and Construction Vice Chairman, Alliance Investment Group Director , Al Mashghouni Group

Special Achievements
Bachelor in Business Administration from the American University

Khalid Al Mashghoni Senior Advisor


Current: Senior Vice President : MAC Capital Limited, Dubai Previous: Was in charge of Analysis to local and overseas markets, developing marketing and sales strategies to attract more clients and provide short, medium and long term trading strategies to both high net worth and institutional clients in MAC Sharaf Securities LLC Was in charge of Business Development in Cyprus Commercial Bank, and increased the net volume of clients 50% in 2 years. Build online system to trade in Exchange, CFDs and Commodities markets. Bachelors in Banking and Finance Administration.

Samer M . Hammad Senior Vice President

Current: Finance Officer : MAC Capital Limited, Dubai Previous: Head of Accounts : MAC Sharaf Securities (U.A.E.) LLC, Dubai Accounts Manager : Belani Trading LLC, Dubai Chief Accountant : Globe Trading Agency Limited, Dubai (A Park Avenue Group) Accountant & Data Controller : Paramount Pollution & Control Limited, Vadodaro, India

B.Com, MS University of Baroda, Gujarat, India Diploma in Information Systems and Management Pursuing MBA in Finance from National Academy of Planning and Business Management

Bharat Manglani Head of Accounts


- 16 December, 2012

ADVISORS TO THE BOARD


(Many of whom are also shareholders)
Name
Chan Bulakul (Thailand)

Previous and Current Positions include


Chairman Executive Committee and major shareholder, The Brooker Group Public Co., Ltd., a company listed on the SET. One of Thailands most experienced Corporate Advisors. A specialist in restructuring and capital raising.

Name
David Simister (Thailand)

Previous and Current Positions include


Chairman, CB Richard Ellis (Thailand) Co., Ltd., Thailand. A Real Estate Advisor with intensive experience in Asia. Formerly, Director, Richard Ellis, Hong Kong, Valuer Hong Kong Government and was a valuer at Jones Lang Wooton in London.

Kenneth Lam (Hong Kong)

Deputy Chairman, Quam Ltd., Hong Kong, a financial conglomerate listed on the Hong Kong Stock Exchange. Vice Chairman, The Institute of Securities Dealers Limited, Hong Kong. Managing Director, Quam Securities Co Ltd., a Hong Kong stock broker. Formerly, Vice President & Group Head, China and Corporate Banking, ING Bank, Hong Kong Branch

Toyoharu Tsutsui (Tokyo)

Chairman and CEO, Capital Partners Securities Co., Ltd., a Tokyo stock broker and merchant bank. Chairman of the Board, Japan Vietnam Culture Association Foundation. Formerly, with Nomura Securities, was General Manager of Morgan Stanleys Tokyo Equity Division and Managing Director and Branch Manager of Credit Suisse First Boston Securities Tokyo.

Michael Unsworth (Croatia)

Former CEO, Phatra Merrill Lynch, Thailand. Main Board Director and Head of Research, Smith New Court, London. Head of Asian Research and Member of Executive Committee, Merrill Lynch Asia Pacific.

Bernard Pouliot (Hong Kong)

Chairman and CEO, Quam Limited, a Hong Kong based stock broker and merchant bank. Director, Distacom Communications Ltd. Chairman of the Board of Governors, The Canadian Chamber of Commerce in Hong Kong. Director of Alliance Francaise in Hong Kong Formerly held position as Branch Manager of National Bank of Canada Hong Kong Branch and Group Managing Director, Chinney Alliance Group Ltd. Now leads his own venture capital group. A merchant banker with intensive experience in venture capital, advisory, financing and fund raising for companies in property, leisure, retail and technology in the UK, USA, Europe and Asia. Formerly with Morgan Grenfell & Co., Bank of America, W.I.Carr and Swiss Bank Corporation. Former Director, Victory Corporation Plc. and V2 Music Holdings Plc. (both related to Richard Bransons Virgin Music).

James Wadham (Hong Kong)

Chief Executive Officer and Founder, The Fiduciary and Consulting Group, a consultant and financial advisor to a worldwide client base with its offices in Hong Kong, Philippines, England, Ireland, St. Lucia, and Samoa. Director of Studies of the Oxford Offshore Symposium held every September at Jesus College, Oxford University, England. Previously held senior positions the Hong Kong Government, National Westminster Bank Plc., Pierson, Heldring and Pierson N.V., Standard Chartered Bank Plc.

Tim McCarthy (London)

Paul Killik (London)

Founder and Senior Partner, Killik & Co., one of Londons largest stock brokers. Paul has nearly 40 years experience of the stockbroking market, including 25 years in Private Client Stockbroking management. Paul is a board member of the Association of Private Client Investment Managers and Stockbrokers.

Hamish Macpherson (Hong Kong)

Chairman of Wyvern International Ltd. Former Head of Bank of Butterfield in Hong Kong.

- 17 December, 2012