Stewart Elliot

Mr Elliott joined our Board in November 1999 as a Non Executive Director and was appointed Managing Director and CEO on 29 September 2000 and Chairman on 10 September 2003. He is the founder and Managing Director of Energy World International Limited , our Shareholder. EWI is wholly owned by Mr. Elliott and has diverse interests including listed investments, resources, property and hotel. Mr. Elliott also owns a 90% beneficial interest in Slipform Engineering International Ltd with Mr. Graham Elliott owning a 10% beneficial interest. Mr. Elliott was the Managing Director and CEO of Consolidated Electric Power Asia Limited .CEPA was listed on the Hong Kong Stock Exchange in 1993 and delisted in January 1997 following its acquisition and privatisation by The Southern Company for US$3.2 billion. Mr. Elliott was also an Executive Director of Hong Kong listed Hopewell Holdings Limited, from 1980 until 1998, leading many of its infrastructure projects and major developments.