Laxey Investment Trust

Disclosures

THE LAXEY INVES... 19 September 2008
THE LAXEY INVES... 12 September 2008
THE LAXEY INVES... 05 September 2008
THE LAXEY INVES... 29 August 2008
THE LAXEY INVES... 22 August 2008
All disclosures
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Board & Senior Management

All Directors are non-executive

* Member of Audit Committee

David Panter*
Chairman

David Panter, Chairman, aged 72, has spent over 40 years in the tea industry. He retired in 1996 as a consultant to Thompson Lloyd & Ewart, one of the largest and oldest tea broking firms in London. Prior to this he was the chairman of Geo. White & Company Limited, which was merged into Thompson Lloyd & Ewart Limited in 1993. He spent 25 years as a tea broker in London and as a consultant to the World Bank, Overseas Development Authority, and to various plantation projects. Previously he had 16 years service in India where he was chairman of Carritt Moran & Company Limited and a director of a number of tea plantation companies.

David Blackler O.B.E.
Non-Executive Director

David Blackler O.B.E., aged 77, has been connected with the tea industry for most of his working life. In the 1950s he was employed by the Colombo Commercial Company as a tea buyer and became a tea broker
in 1965. For 25 years he was a director of John Keells Holdings Limited, one of the largest conglomerates in Sri Lanka, retiring as the chairman, and is now a consultant to that company.


Jonathan Colvile*
Non-executive Director

Jonathan Colvile, aged 49, has been a stockbroker for 20 years. He is currently a specialist in natural resource shares for Mirabaud Securities. From 1985 to 1995 he was a senior stockbroker for James Capel & Co.

Colin Kingsnorth
Non-executive Director

Colin Kingsnorth, aged 43, is a director of Laxey Partners (UK) Limited the Investment Manager to the Company and was chief executive officer of Regent Fund Management (UK) Ltd, the Company’s previous investment manager, from 1995 to January 1999. He holds a BSc in Economics and is an associate member of the Institute of Investment Management and Research. He started his career with Robert Fleming Asset Management Limited in London where he worked with investment trusts, particularly the Fleming Enterprise Investment Trust and the Fleming Technology Investment Trust. He became head of investment trust research at Olliff & Partners PLC in 1988, where he developed expertise in corporate finance and corporate restructuring. In 1991 he joined Buchanan Partners Limited where he managed emerging market funds. In 1995 he joined Regent Fund Management (UK) Ltd and was one of the founding shareholders where he was chief executive and fund manager.

Alistair Boyd*
Non-executive Director

Alistair Boyd,* CMG, aged 72, was an adviser to the CDC Group plc (CDC) with particular reference to CDC’s activities in sub-Saharan Africa. Until 1994 he was deputy chief executive of CDC and had before then undertaken a variety of assignments for CDC, residing in Malaysia, Tanzania, Kenya and Zambia. He is chairman of the Southern Africa Business Association which supports trade and investment links between the European Union and Southern Africa. His connections with Africa include vice-chairman of the Royal African Society, chairman of G2G (Gateway to Growth) and chairman of the African Medical Research Foundation (UK).

Adrian Collins
Non-executive Director

Adrian Collins,* CMG, aged 72, was an adviser to the CDC Group plc (CDC) with particular reference to CDC’s activities in sub-Saharan Africa. Until 1994 he was deputy chief executive of CDC and had before then undertaken a variety of assignments for CDC, residing in Malaysia, Tanzania, Kenya and Zambia. He is chairman of the Southern Africa Business Association which supports trade and investment links between the European Union and Southern Africa. His connections with Africa include vice-chairman of the Royal African Society, chairman of G2G (Gateway to Growth) and chairman of the African Medical Research Foundation (UK).