TAORMINA HOLDINGS LTD

None observed in current sources.

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  SOVEREIGN HOTELS LTD

  shareholder of
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  DAY TO DAY LIMITED

  shareholder of
• ■
  CROWN HOTELS LIMITED

  shareholder of
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  2000 HOLDINGS LIMITED

  shareholder of
• ■
  TAORMINA INVESTMENTS LIMITED

  shareholder of
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  O'CONNOR'S (MALTA) LIMITED

  shareholder of
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  PRICECLUB INVESTMENTS LIMITED

  shareholder of
• ■
  O'CONNORS LIMITED

  shareholder of
• ■
  PIETA MARINA LIMITED

  shareholder of