The Board

Bob Carlton-Porter

Chairman

Mr Carlton-Porter was appointed to the board in May 2006, and became Chairman of the Board after the AGM in June 2006. He is a former Group Finance Director of English China Clays plc, a former Chairman of ROK plc, a former Executive Chairman of Newport Holdings PLC and has served on the boards of a number of listed companies and was Chairman on the Association of Corporate Treasurers. He currently is senior independent Director of Michelmersh Brick Holdings plc. He is Chairman of the Audit and Remuneration Committees.

Richard Hayward

Chief Executive

Mr Hayward was appointed to the Board in February 2006. Richard has a wide range of property development experience. He has operated a private property company for the last ten years involved in managing properties for landlords and providing consultancy and project management services to substantial property development enterprises.

Anton Woodhouse

Executive Director

Mr Woodhouse was appointed a Non-Executive Director in 2003 and became an Executive Director in May 2006. Anton spent 23 years with Peacocks Stores and has wide business experience with special interest in property and retail markets.

Martin Warner

Non-Executive Director, aged 55

Martin Warner was appointed to the Board in February 2009. A qualified chartered surveyor, Mr Warner currently has a number of business interests as well as being Managing Director of Michelmersh Brick Holdings plc. He sits on the Audit Committee and the Remuneration Committee.