James F Kenny, B.A., LL.B., M. Sc., Chairman

Jim Kenny is a graduate in law and economics from University College, Dublin, and holds a Masters degree in Economics from Columbia University Graduate School of Business Administration, New York. He has over 30 years experience as chairman and chief executive of several private and publicly quoted companies in natural resources exploration and production in the oil and gas, gold, diamonds, base-metals and industrial minerals sectors.

Philip Kenny, B.E., M.B.A., Chief Executive Officer

Philip Kenny is a graduate in Mechanical Engineering from University College, Dublin, and holds postgraduate qualifications in Engineering from Trinity College, Dublin and a Master of Business Administration in Finance from Boston College, Massachusetts. He has twenty five years' experience in the mining and oil and gas sectors in Europe, Africa and the US, and has worked for more than twelve years in the diamond mining and exploration business.

Tim Wilkes, B.Sc., Chief Operating Officer

Tim Wilkes is a graduate in geology from Kingston University, England and has over 26 years experience on kimberlite and alluvial diamond exploration, evaluation and mining projects worldwide. He spent 18 years with De Beers, where he was General Manager - Mineral Resource Management with responsibility for the management of De Beer's mineral resource portfolio worldwide, and was the Competent Person responsible for the evaluation, classification and reporting of the company's mineral resources and reserves. He is a member of the sub-committee for diamonds of the South African Mineral Resource Committee (SAMREC).

Jan Louw, B.E., Director of Operations

Jan Louw is a graduate in Mechanical Engineering from Stellenbosch University, South Africa and has extensive experience in planning, developing and managing large scale open cast mining operations. He worked in senior management positions for Anglo American for 16 years in South Africa and Namibia, and was Mine Manager at Anglo American's Namakwa Sands mining operation in South Africa prior to joining Firestone Diamonds.

Hugh Jenner-Clarke, B. Sc., F.G.S., Director

Hugh Jenner-Clarke is a graduate in geology (Honours) from Imperial College, London. He has over 40 years experience in the diamond exploration industry as a geologist and exploration manager. He has worked on diamond exploration and mining projects in South Africa, Botswana, Australia, the USA and South America.

James Kenny, B. Comm., M.B.S., Director *

James Kenny holds a Bachelor of Commerce (Honours) and a Master's Degree in Finance from University College, Dublin. He has 20 years' corporate finance and private equity experience in the natural resources and other sectors and has advised many private, listed and State companies. James has worked for Smurfit plc, Natwest plc and was an Executive Director of ABN AMRO Corporate Finance and ABN AMRO Rothschild. He was the founder and former Chief Executive of Evolution Capital Limited, now part of Evolution Securities Plc a listed, London based investment banking and stockbroking company. He is a director of Metro Capital Management AS, a European property development and asset management company and a non-executive director of Axeon plc.

Michael Hampton, B.A., Non-executive Director *

Mike Hampton hold a Bachelor of Arts degree from Harvard University. He has an extensive background in financing in the mining, commodities and shipping sectors. He spent 20 years at Chase Manhattan Bank and Swiss Bank in New York, Hong Kong, London and Chicago and has been involved in raising start-up and development capital for clients in the mining sector for over 15 years.

William Douglas Baxter, M.A., M.A.I., Non-executive Director

Doug Baxter holds a Masters degree in Engineering from Trinity College, Dublin, and is a Fellow of both the Institution of Civil Engineers of Ireland and of the Institution of Civil Engineers (UK). He has over 35 years experience with Ove Arup & Partners and other companies in major engineering projects in Europe, Asia, the Middle East and Africa.

* - Member of the Remuneration Committee