Michael J. Cooper
Vice Chairman and Chief Executive Officer
Michael Cooper has worked in the real estate development and property management industry since 1987. He currently holds the position of Vice Chairman and Chief Executive Officer of Dundee REIT in which capacity he is focused on strategy, acquisitions, capital markets and investor relationships. He held the position of Chief Executive Officer of Dundee Realty Corporation from its creation in 1996 to its restructuring into Dundee REIT in 2003, during which time it grew from under $5 million worth of assets to over $1 billion. Prior to joining Dundee Realty, Mr. Cooper was a Vice-President of Goodman & Company, responsible for investments in real estate and for establishing and co-managing the Dynamic Real Estate Funds. Mr. Cooper also served as Vice-President of both marketing and development for Twigg Holdings Limited, a private developer and manager of urban office buildings, primarily in downtown Toronto. Mr. Cooper currently sits on the Board of Directors of Cogitore Resources, Zoolander Corporation and the Power Plant Gallery. He holds a law degree from the University of Western Ontario and received a Masters in Business Administration from York University in 1986.

Dr. Günther Bautz
Counsellor on Intellectual Property
Braun GmbH
Ulm, Germany
Günther Bautz is Counsellor on Intellectual Property to Braun GmbH, a manufacturer of small electric appliances based in Kronberg, Germany. In this capacity, Dr. Bautz advises the company on the resolution of international patent disputes after having been Braun's Patent and Trademark Counsel from 1993 to 2002. From 1981 to 1993 he held different positions in Braun's patent, trademark and licencing department. Prior to joining Braun, Dr. Bautz worked as a scientist in different institutions and companies. Since 1993 he has been lecturing on patent law at the University of Applied Sciences of Frankfurt. Dr. Bautz holds a degree in physics (Diplom-Physiker) from the Technical University of Munich, a doctoral degree in natural science from the University of Ulm and is a certified German and European patent and trademark attorney.

Detlef Bierbaum
Partner, Bankhaus Sal. Oppenheim jr. & Cie, KgaA
Köln, Germany
Detlef Bierbaum is a Partner with Bankhaus Sal. Oppenheim jr. & Cie, the biggest private investment bank in Köln, Germany. Since 1991, Mr. Bierbaum has held the position of Managing Partner with responsibility for asset management and, since 2002, also for investment banking of Bankhaus Sal Oppenheim jr. & Cie. Prior to 1991, he was the Chief Financial Officer of the Nordstern Insurance Companies based in Cologne. He is a member of the Board of Directors of a number of companies in the asset management and banking sectors based in Germany, England, Ireland, Luxemburg, the U.S and Hong Kong. Mr. Bierbaum is a graduate of the Universities of Cologne and Munich where he studied commercial banking and business administration.

Donald K. Charter
Business Consultant
Donald Charter is a business consultant. Prior to December 2005, Mr. Charter was an Executive Vice President of Dundee Corporation and Dundee Wealth Management Inc. and the Chairman, President and Chief Executive Officer of Dundee Securities Corporation and Dundee Private Investors. Prior to joining the Dundee Group of Companies in 1996, Mr. Charter was a partner in the law firm of Smith, Lyons now incorporated under the practice of Gowlings. Mr. Charter is also a director of Breakwater Resources Ltd., IAMGold Corporation, Great Plains Exploration Inc., Glencairn Gold Corporation and Dundee REIT.

Peter Crossgrove
Former Chairman, Masonite International Inc.
Peter Crossgrove is the former Chairman and a founder of Masonite International Inc., a door manufacturing company. Masonite has operations in 14 countries, has 12,000 employees and annual sales in excess of US$1.5 billion. Mr. Crossgrove sits on various boards of directors including Barrick Gold, Quadra Logic Technologies, Band-Ore Resources and Philex Gold. His charitable work includes serving as Chairman of Cancer CARE Ontario, Treasurer of CARE International (based in Brussels) and Chairman of the Canadian Association of Provincial Cancer Agencies. He holds a Bachelor of Commerce degree from Concordia University, a Masters in Business Administration from the University of Western Ontario and is a Sloan Fellow of the Doctoral Program at Harvard Business School.

Joanne Ferstman
Executive Vice President and Chief Financial Officer
Dundee Corporation
Joanne Ferstman has served with Dundee Corporation and its subsidiaries since 1998 and brings a wealth of experience in the financial service industry to her position. Joanne Ferstman is the Executive Vice President, Corporate Secretary and Chief Financial Officer of Dundee Corporation, and Executive Vice President and Chief Financial Officer of Dundee Wealth Management Inc. She also holds the position of Chief Financial Officer of Dundee Realty Corporation. Prior to joining Dundee Corporation, Ms. Ferstman spent four years as Chief Financial Officer for a national securities firm and five years with Ernst & Young. Ms. Ferstman is an independent trustee of Aeroplan Income Fund and has served in that capacity since the Fund's IPO in 2005. In addition, she sits on a number of private company boards within the Dundee organization. Ms. Ferstman holds a Bachelor of Commerce degree from McGill University and is a Chartered Accountant.

Rob Goodall
MBA
President
Canadian Mortgage Capital Corporation
Robert Goodall is the President of Canadian Mortgage Capital Corporation (CMCC),a mortgage brokerage company based in Toronto which arranges in excess of $500 million of commercial and multi-residential mortgages per year. In addition, the company arranges and funds private mortgages, construction financing and equity loans to real estate developers. Prior to founding CMCC, Mr. Goodall was the National Managing Partner of Royal Trust's Real Estate Finance Group. Mr. Goodall is a Director of The Fair Rental Policy Organization of Ontario (Ontario's association of apartment landlords). He holds an MBA in Finance from York University and an Honours Bachelor of Business Administration degree from the University of Western Ontario.

David Goodman
B Comm., LL.B., CFA
President & CEO
Dynamic Mutual Funds
President
Goodman & Company, Investment Counsel
David Goodman is President and CEO of Dynamic Mutual Funds Ltd. and President of Goodman & Company, Investment Counsel. Prior to joining Goodman & Company, David had a successful career as a lawyer, specializing in commercial and debt-related litigation with a major Canadian law firm. David was born in Montreal and earned his Bachelor of Commerce Degree from McGill University in 1985. He received his LL.B (cum laude) from the University of Ottawa in 1988, and his Chartered Financial Analyst designation in 1996.

Ned Goodman
B.Sc., MBA, CFA, HON LL.D.
President and Chief Executive Officer
Dundee Corporation
Chairman, Dynamic Mutual Funds Ltd. &
Goodman & Company, Investment Counsel
Ned Goodman is President and Chief Executive Officer of Dundee Bancorp Inc., Chairman and Chief Executive Officer of Dundee Wealth Management Inc., and Chairman of Dynamic Mutual Funds Limited. He is a portfolio manager for the Dynamic Focus+ family of mutual funds. His investment experience spans 40 years as a securities analyst, portfolio manager and senior executive, and he has an established reputation as one of Canada's most successful investment counselors. Mr. Goodman is the founder and benefactor of the Goodman Institute of Investment Management, a graduate school for investment management at Concordia University, and serves there as an Adjunct Professor and as a member of the Associates of the Chancellor. He is actively involved in and a benefactor of various philanthropic activities including Chairman Emeritus of the Canadian Council of Christians and Jews, a Governor of Junior Achievement of Canada, and a Director of the Royal Ontario Museum Foundation. He is also a founding director of the Roasters Foundation, the Jodamada Foundation and the Dynamic Fund Foundation. Mr. Goodman has a Bachelor of Science degree from McGill University and a Masters in Business Administration from the University of Toronto. He earned the designation of Chartered Financial Analyst in 1967. In 1997, he was awarded a Doctorate of Laws, honoris causa, by Concordia University.

Duncan Jackman
Chairman and President
E-L Financial Corporation
Duncan Jackman is Chairman and President of E-L Financial Corporation Limited, an insurance holding company with assets of approximately $6 billion. He has been a director of E-L Financial Corporation Limited since 1997. Since 2001, he has also held the positions of Chairman and Chief Executive Officer of Economic Investment Corporation and United Corporations Limited, two closed-end investment trusts. In addition, Mr. Jackman is the Managing Director of The Fulcrum Investment Company Limited. He sits on various boards of directors and is the Chairman of The Dominion of Canada General Insurance Company and The Empire Life Insurance Company. He holds an Honours Bachelor of Arts degree from McGill University

Robert Tweedy
Chairman and Chief Executive Officer,
Useppa Ontario Holdings Limited
and Sklar Peppler Furniture Corporation
Robert Tweedy is the Chairman and Chief Executive Officer of Useppa Holdings Limited, a diversified management company, and Sklar Peppler Furniture Corporation, a residential furniture manufacturer. He is Chairman of CARE Canada, Barrie Rent All Inc., Crescent Park Homes and Bloomen Networks Inc. He is a director of a number of companies, including Aegon Canada Inc., TransAmerica Life Insurance Company of Canada, Rockwater Capital Corporation, Arrow Electronics Inc. (Canada), Nu-Tech Precision Metals Inc. and CARE International. Mr. Tweedy earned his Honours Bachelor of Arts degree from the University of Toronto and his Masters in Business Administration degree from Stanford University. In 2003, he was awarded H.M. The Queen’s Jubilee Medal for his work with CARE Canada.