The following table sets out the Directors shareholdings and percentage interests in the issued share capital of the Company together with interests in warrants and options:

Shareholding % of issued
share capital
Number of
Number of
Jeremy Asher
12.5% 60,000,000 82,908,865
Peter Taylor 18,451,726 3.3% 17,190,413
Graeme Thomson 5,150,767 0.9% 15,690,413
David M Thomas
Total 94,493,988 16.7% 115,789,691

* 1,805,308 of these shares are held by Agile Energy Limited, which is owned by the Asher Family Trust of which Jeremy Asher is a lifetime beneficiary.