THE DEVELOPMENT COMPANY

16.1 Balton Properties Limited, a company duly incorporated under the Companies Act Chap. 81:01 of the Laws of Trinidad & Tobago with its registered office at Eleven Albion, Corner Albion & Dere Streets, Port of Spain, in the Island of Trinidad, .is the development company. Its Directors and shareholders are Stuart White (CEO – Carlton Savannah Limited), Phillip Hamel-Smith, Robert MacLellan and Arthur Lok Jack

16.2 Stuart White is the Managing Director and CEO of Global Development & Investment Partners Ltd, an international development company, CEO of Carlton Savannah Ltd, a company incorporated in Trinidad & Tobago and Chairman of Turtle Management Ltd, a construction project management company

16.3 Philip Hamel-Smith is the Managing Partner at M. Hamel-Smith & Co. He specializes in international business transactions and Investment Syndication Law. He has extensive experience in these areas and encourages companies to set up business operations locally by recommending the appropriate organizational structures to ensure their commercial viability. Philip has extensive experience in the real estate sector, both as developer/owner of commercial and residential developments, as well as advisor and consultant to others.

16.4 Robert MacLellan has over thirty years experience in the hospitality industry during which he has taking leading roles in property management, property development, as well as operational management in the hotel and leisure industry. In latter years, recognised as a Development expert in the Caribbean, Robert has been/is directly involved either as a partner or advisor in a marina and beach-club development in St Lucia, a marina village in Grenada, a 250 acre retirement community, residential health spa and golf course development in Barbados, a 300 room Hyatt and 150 room Rosewood resort project in Belize, four resort projects of varying scale and size in Tobago, a 120 room boutique resort in Trinidad, and eco-resort and spa in the Dominican Republic, and a 50 acre site in St Lucia for 2 hotels.

16.5 Arthur Lok Jack is Chairman and CEO of Associated Brands Ltd, his own global food manufacturing business. He is also Chairman Guardian Holdings Ltd, a financial services, insurance and asset management company, Neal & Massey Holding Ltd., a multi-corporate business covering energy, cars, insurance, retail and other businesses, and Chairman of Caribbean Airlines. As one of the Caribbean region's most dynamic and successful entrepreneurs, Arthur Lok Jack has grown his own business, Associated Brands Industries Limited, into a major enterprise regionally and globally.

16.6 The architect of the hotel project is Co-rd Limited of 3 Gray Street, St. Clair, Port of Spain, Trinidad & Tobago. Co-rd is a consortium of architecture and design firms.

16.7 The Project Manager is PierceHill Management Limited, London Road, Sevenoaks, Kent, UK

16.8 The Construction Company is Carillion (Caribbean) Limited of Southern Main Road, Couva, Trinidad & Tobago. Carillion Caribbean Limited is a local subsidiary of Carillion Plc (UK), a leading infrastructure, building and business services companies with annual revenues of approximately £5bn and operations across Britain and in Europe, Canada, the Middle East, North Africa and Caribbean .