Board of Directors

CHARLES A. CARROLL - Retired in 2005 as Managing Director of Kalin Associates, Inc., a member firm of the New York Stock Exchange ("NYSE"). Prior to 1990, Mr. Carroll served as a member of the NYSE representing Boettcher & Company.

THOMAS B. WINMILL, ESQ. - Chief Executive Officer, President, General Counsel of the Company (see further biographical information under Management - Executives)

DOUGLAS WU - Since 1998, Mr. Wu has been a Principal of Maxwell Partners. Previously, he was a Managing Director of Rothschild Emerging Markets/Croesus Capital Management.