Mr. Ronald J. Kramer
Director

Ronald J. Kramer has been a director of the Company since February 2000. Since July 1999, Mr. Kramer has been a managing director of Dresdner Kleinwort Wasserstein. Prior to that, Mr. Kramer was the Chairman and CEO of Ladenburg Thalmann Group Inc. and was employed there for more than five years. Mr. Kramer is also a director of Griffon Corporation, Lakes Gaming, and New Valley Corporation.