Warren S. R. Seyffert

The Group's principal activity is that of an open-ended Investment trust. It operates through its wholly-owned subsidiary, Fording Inc, through which it holds 60% interest in the Elk Valley Coal Corporation. It alsoinvests in metallurgical coal and industrial minerals mining and processing operations. The Metallurgical coal provides mining and processing activities, primarily metallurgical coal, from three mines, Fording River, Greenhills and Coal Mountain. The Industrial Minerals Operations provides mining and processing of wollastonite and other industrial minerals from two operations in the United States and one operation in Mexico. The Group operates in Canada, the United States and Mexico and sells it products to customers around the world. During the year the Group sold NYCO.

St. Andrew Goldfields Ltd. explores and develops gold mining properties. It provides timmins, production, exploration, reserves and technical reports. The company is headquartered in Toronto , Canada.

Teck Metals Ltd. produces zinc and zinc alloys. It is engaged in the business of copper, coal, zinc and energy. The company operates as a subsidiary of Teck Resources Ltd. Teck Metals was founded on July 20, 2001 and is headquartered in Toronto, Canada.

Pembridge Insurance Co. engages in the provision of automobile, property and other insurance services. It offers motorcycle, private passenger, snowmobile, condominium owner, homeowner and tenant insurance services. The company was established in 1999 and is headquartered in Markham, Canada.

Allstate Insurance Co. of Canada provides property and casualty insurance services. The company's services include providing auto, home, individual life, fire, marine and casualty insurance. The firm was founded in 1953 and is headquartered in Markham, Canada.

Lang Michener LLP provides legal advisory services to Canadian and International clients. It plays a major role in shaping Canada's economic and political institutions and understanding the competitive global needs of the country's leading companies and industries. The company was founded in 1927 and is headquartered in Toronto, Canada