EXEL FINANCE LIMITED

None observed in current sources.

• ■
  FALROSE MANAGEMENT S.A.

  shareholder of
• ■
  CAREY ASSETS CAPITAL CORPORATION

  shareholder of
• ■
  REALWOOD EQUITIES S.A.

  shareholder of
• ■
  ENDSLEIGH SERVICES CORP.

  shareholder of
• ■
  ROSSLAND DEVELOPMENT S.A.

  shareholder of
• ■
  LACEY TRADING SERVICES CORP.

  shareholder of
• ■
  HAIDON INTERNATIONAL S.A.

  shareholder of
• ■
  FRAKES ASSETS CORPORATION

  shareholder of