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Worms 


Brown 


JP Morgan 
Chase & Co. 


The Company has leveraged its 
patented techniques and know-how 
in the area of NLP (Naturai 
Language 

Processing) 
to develop the ReiatedTV product 
iine, an automated enrichment tooi 
for content producers, broadcasters 
a nd EM s. 


SiftDlogy 
Inc 


The Rothschild G roup is the 
largest private banking 
group in the 

sing 

The 
in 



Israel Corp. (IC) is one of Israel's major holding 

companies, playing a pivotal role in 

privatization and the development of key 

industries. IC's main activities are focused on 

chemicals, shipping, oil and energy, advanced 

technology and communications. 

http://www.israelcorp.com/ 

Shareholders 

The Ofer Group - 59.88% 

Bank Leumi Le Israel - 20% 


(('a')) 


Israel 
Corporation 


continuous 
ownership, 
today active 
a reas: 
Management, 


world in 
e family 
Group is 
five major 
Investment 
Ba nking 


Investment Banking, global 

privatisation advice, and 

dealing in Gold Bullion. 

(SOURCE: 

www, excellence, CO, 11) 


(9) 


Rothschild 
Group 


Sells 
Networks 
\ Inc. / 


(9) 


Cie Financiete Holding 

Benjamin 
& Edmond de Rothschild 


(9) 


ROTHSCHILD FUND 
MANAGEMENT AG 



[ 


Edmond de Rothschild 
Venture Capital Ltd 


(('i')) 


Deutsche Bank AG 


»-0. 



Chainnan 


Htp :/ /III ,ii i,[0.il 

Over the years lAI has applied the skills 
and experience it has acquired in 
catering to Israel's security needs, in 
order to capitalize on opportunities in 
export markets. As a result, the Company 
has become a world leader in aircraft 
conversion and modernization programs, 
unmanned air vehicles (UAVs), 
communication programs and defense 
electronics. Space is Israel's latest area of 
leadership, with the development of the 
Ofeq observation satellite, the AMOS 
communications satellite and the Shavit 
launcher. 




(0^0):::::: 

Excellence Investments 
Limited 


E. de Rothschild 

Invest, services Ltd 

(Israel) 


Since 1882, and for several decades 
thereafter, the first Baron Edmond de 
Rothschild, universally known in Israel 
as the "Father of the Settlement" or the 
"Well-known Benefactor", pionered 
and single-handedly promoted the 
settlement and development of what 
became modern Israel. 
Since Israel's independence, the second 
Baron Edmond de Rothschild actively 
participated in the creation and initial 
development of a modern economy for 
the new state, starting some major 
enterprises such as the Israel 
Corporation and financing others, 
either directly or indirectly through 
Israel G eneral Bank, a local 
bank largely owned and by the 
Edmond de Rothschild Group. 


(9) 




Compagnie Financlere 

E. DE 
ROTTiSCHILD BANQUE 



Actuellement, la Banque detient un capital 
sous gestion d'environ EUR 3 milliards, dont 
la moitie sont des mandats de gestion 
discretionnaire. L'autre moitie est 
representee par des mandats de gestion 
conseil et gestion externe. En outre, la 
Banque administre un capital de EUR 9 
milliards, dont la quasi-totalite est 
representee par des fonds d'investissement 
de promoteurs externes. La Banque Privee 
Edmond de Rothschild Luxembourg est 
classee (au Luxembourg) quatrieme plus 
grande banque a Tadministratlon de fonds 
avec plus de 350 fonds et sous-fonds. La 
Banque est membre fondateur de CCLux, 
fournisseur d'information financlere a 
Luxembourg, et membre fondateur de I'ALFI, 
I'assoclatlon des fonds d'investissement a 
Luxembourg. 


Executive board: 

W infried Kilp, G eneraldirektor, VR 

Dr. G raziano Lusenti, 

G eneraldirektor, VR 

Dr. Francois Rayroux, VR 

www.rothschildbank.com 


controle 




controle 

(9):::::: 

controle 

Groupe LCF 
Rothschild 

1 


(9):::::: 

:om pagnle Financlere 
SAINT-HONORE 


controle 


:hild 

\ 


(9)::::: 

Banque Privee 

Edmond de Rothschild 

Luxennbourg 


(9) 



Banque Mvee Eckvord de 

Rothschild Geneve 


orton (1962) noted that the Rothschild wealth 

was estimated at over $6 billion US in 1850. 

Not a significant amount in today's dollars; 

however, consider the potential future value 

compounded over 147 years! 

Talcing $6 billion (and assuming no erosion of 

the wealth base) and compounding that figure 

at various returns on investment (a conservative 

range of 4% to 8%) would suggest the 

following net worth of the Rothschild family 

enterprise: 

To give these figures some perspective consider 

these benchmari<s: 

$1.9tiillion US(@ 4%) 

$7.8 trillion US (@ 5% ) 

$31.5 trillion US (@ 6% ) 

$125,189.1 trillion US (@ 7%) 
$491,409.0 trillion US (@ 8% ) 
A little of $300 billion US buys every ounce of 
gold in every central bank in the worid (see 
John Kutyn's estimate 

U.S. M3 money supply August 1997 was $5.2 
trillion 

U.S. debt is cunently $5.4 trillion. 
U.S. GDP (1997; 2nd Q.) is $8.03 trillion. 
George Soros' empire is worth an estimated $20 
billion. 


Vr 


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PARIS-ORLEANS (1998) 
Families Rothschild 36,20 % 
R. Continuation 19,24 % 

Ponthieu Participations (Rothschild) 17,13 % 
Orleans-Rabelais (Rothschild) 2,5 % 

Particip. St-Georges (Rothschild) 1% 
AG F Vie 2,5 % 

Paris-Orleans, holding de controle des 
participations des families Rothschild, detient 
ses filiales a travers trois vehicules: 

1) PO PB chapeaute les banques, soit : 

19% de Rothschild Concordia, maison-mere a 
52% de R. Continuation Holdings qui detient 
avec P-0 les banques d'affaires en Europe et 
Amerique du nord, ainsi que d'autres filiales en 
Asie et Amerique latine; 37% de Rothschild k 
Cie Banque dont les resuitats ont fortement 
augmente ces dernieres annees. Une part 
preciputaire des benefices est distribuee aux 
associes-gerants, 11% du total revenant a P-0. 

2) Francarep (Rothschild), societe cotee, 
possede des interets dans les societes cotees : 
Imetal, 

Moulinex, 

W aterford-W edgwood, 
Publicis, 
Siaci, 
Finatis 

G ravograph 
Epeda-Merinos. 


Ainsi que des fonds de capita I- risque et des 
immeubles geres par la SGIM. Les Domaines 
Barons de Rothchild possedent des domaines 
viticoles et assurent la distribution des vins 
d'autres domaines des families Rothschild. Cette 
activite est florissante. Les capita ux propres de 
DBR s'elevaient a 146MF au 31/12/97, mais 
la societe vaut certainement plus du 
double. Francarep, qui possede 10.275 actions 
propres, est detenu a 68% , et indirectement a 
3,6% a travers Part. St Georges (Rothschild). 
Au total P-0 en detient 72,1% . Paris-Orleans 
detient 28.068 actions propres et un 
autocontrole de 7,74% a travers Francarep, 
2,5% par Orleans-Rabelais, 2% par RCH et 
1% a travers Participations St-G eorges. 

President du Conseil de Surveillance : 
Baron Benjamin deROTHSCHILD 

President du Directoire : Michel CICUREL 

Chiffres cies en euros (annee 
2000) : 

- Actifs geres : 10 milliards euros 

- Total de bilan : 2,6 
milliards 

- Produit net bancaire : 157,8 
millions 

- Resultat brut : 61,3 millions 

- Resultat net : 29,4 millions 

- Effectif moyen : 420 

www.lcf-rothschild.fr 



RothscHId 

Bank AG 


Subsldlalry 


Coordinateurs 
globaux d'euronext 



Rothschild Bank AG Rothschild Trust (Schweiz) A(> 


Rothschild Espana SA 


N M Rothschild & Sons (South Africa) 


F.A. Intemational Limited 


Rothschild Portugal Servi^os Financeiros Limitada 


RCF Polska sp. z 0.0. 


Rothschild Europe BV 


Rothschild Japan KK 


Bumiputia Merchant Bankers Berhad (Malaysia) 


N M Rothschild & Sons (Mexico) 


Rothschild Italia SpA 


PT Rothschild Indonesia 


N M Rothschild & Sons (India) Private Limited 


NMR Consultoria Financeira (Brazil) 


Banco BICE SA (Chile) 


commercial 
union ass. 


N M Rothschild China Holding AG 


Biceconsult Argentina SA 


Rothschild Trust (Bermuda) Limited 


(9) 


Rothsctild 

investment trust cp 


v_ 



Board 



new 
corp 



1. Company in which shares are held : Royal & Sun Alliance Ins 
G roup 

2. Notifiable Interest: Ordinary Shares 

A. FMR Corp. 

B. Fidelity International Limited (FIL) 

3. The notifiable interests also comprise the notifiable interest of: 
Mr. Edward C. Johnson 3d. Principal shareholder of FM R Corp. and 
Fidelity International Limited. 

Duly authorized under Powers of Attorney dated December 30, 

1997, by and on behalf of FMR Corp. and its direct and indirect 

subsidiaries, and Fidelity International Limited and its direct and 

indirect subsidiaries. 

Schedule A 

Security: Royal & Sun Alliance Ins G roup 


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Rothschild Freres 


controle 


De Beers 



Association of Jewish Refugees 
http://www.ajr.org.uk/ 

Barclays and J P Morgan are to pay 
compensation for their role in operating with 
the Vichy and occupational authorities to 
plunder systematically the bank accounts, safe 
deposit boxes and other valuables of their 
Jewish clients both before, and in accordance 
with, antisemitic laws passed in France during 
WWII. 

The banks have created Settlement Funds 
totalling US$ 6,362,500, with more than half 
contributed by Barclays. Separate funds will 
be established to pay administrative and 
legal costs. Claims are also admissible in 
respect of assets held with the predecessors 
of Barclays and J P Morgan, including 
Rothschild Freres, Morgan et Cie and some 
branches of Lloyds Bank. Submission of claims 
is not dependent on documentary proof. 
Claims will be valued by converting to USS 
the balance as at 1940 and then calculating 
its equivalent as at 1999 - for Barclays 
claimants - and as at 2000 for J P Morgan 
claimants. Following a fairness hearing to be 
held later this year, potential claimants will 
have until 30 September 2002 to submit 
applications. Then, and not earlier, claims will 
be assessed and awards made. For an 
application form or further information, 
telephone 0800 169 8318 (free) or access 
the Internet at 

www.barclaysfrenchclaims.org or 
w w w .Jp morg a nf renchcia ims.org 


(9) 


Rothschild 

(European Office) bvba 

(Antweipen, Be) 

• 

Rothschild (European Office 

ANTWERPEN 

Rothschild D 

ASSE 

Rothschild E-J 

NIEUWPOORT 

Rothschild Ernst 

BRUXELLES 

Rothschild Ernst 

BRUXELLES 

Rothschild J 

BRUXELLES 

Rothschild Lacueva C 

BRUXELLES 

Rothschild Lacueva D 

BRUXELLES 

Rothschild M 

BRUXELLES 

Rothschild M 

ASSE 

Rothschild N 

BRUXELLES 

Rothschild R 

BRUXELLES 

Rothschild-Delcroix M 

ASSE 

Rothschild 

ANTW ERPEN 


bvba 


1 - Fidelity International Limited (FIL) 

2 - FMR Corp. 


3 - Fidelity Investment Services Ltd. (FISL) 

4 - Fidelity Pension 

Management (FPM) 

MANAGEMENTCOMPANY NO M IN EE/ REG ISTERED NAME 

FMRCO 

Chase Nominees Limited 

FMRCO 

State Street Nominees Limited 

76,000 FMRCO 

HSBC 

FMTC 

Brown Brothers Harriman 

FISL 

Clydesdale Bank (Head Office) 


Nominees Limited 

FPM 

RBS Trust Bank 

FPM 

Nortrust Nominees Ltd 

FPM 

Bank of New York Europe 

229,200 FPM 

Citibank 

FPM 

Chase Nominees Ltd 

FPM 

Northern Trust 

215,200 FPM 

HSBC 

FPM 

Deutsche Bank 

FPM 

Mellon Nominees Ltd 

63,422,927 FIL 

HSBC Client Hold. Nominee (UK) Ltd 

MSS 

Nominees Ltd 

FIL 

RBS Trust Bank 

FIL 

Nortrust Nominees Ltd 

FIL 

Bankers Trust 

FIL 

Citibank 

FIL 

Bank of New York London 

FIL 

Northern Trust 

FIL 

Chase Nominees Ltd 

FIL 

Chase Manhattan Bank London 

402,700 FIL 

BNP Paribas 

43,800 FIL 

Deutsche 

421,100 FIL 

State Street Nominees Ltd 




Antwerp has some 30 synagogues, 
all Orthodox. A number of these 
also serve as houses of study 
for the ultra-Orthodox sects, 
which are present in the city. 
Indeed, Antwerp has one of 
the largest communities of 
ultra-Orthodox Jews in the 
Diaspora-it includes Chassidic 
ews who follow the traditions of 
Be'lz, Ger, Czortkow, Lubavitch, 
Satmar, and Vishnitz. 
Antwerp, with its concentration of 
Chassidic Jews, is sometimes regarded 
as the last shell in Europe. The Jewish 
involvment in the diamond trade there 
is such the lingua franca on the 
Antwerp diamond exchange is Yiddish, 
(source : 

http://www.wJc.org.il/communities) 


Total Ordinary Shares 131,138,586 
Current ownership percentage: 9.11% 

(Source : letter from Fidelity Investments dated 24 September 2002 
to Royal & Sun Alliance Insurance G roup pic, http:// www. nothing- 
ventured. com/ news/ regnews.asp?ArticlelD = 758870 


^D 


(c^')) ::::: 

Quantum 
Fund 


i 


Among the members of the 
board of the Quantum Fund is 
one Richard Katz. He is, at the 
same time, head of the 
"Rothschild Italia S.p.A." in Milan 
and is also on the board of the 
commercial bank "N.M. 

Rothschild and Sons" in London. 
Another member of the board is 
Nils . Taube. He is a partner 
in the London investment group 
"St. James Place Capital" which 
counts Lord Rothschild among it's 
main partners. A frequent 
partner of Soros in several of his 
speculations -especially in 
the driving up of the gold 
quotation-- is Sir James 
Goldsmith, a relative of the 
Rothschilds dynasty. 




(9):::::: 

Rothschild Continuation 
Holdings AG 


N M Rothschild & Sons (C.I.) Limited is wholly 
owned by Rothschilds Continuation Holdings 
AG (RCH), incorporated in Switzerland. 
The N M Rothschild merchant banking group 
has 40 offices in more than 30 countries and 
employs more than 2,000 people around the 
world. / 


I 


Rothschild Tmst Guernsey 


Rothschild Bank Switzeriand 


(9) 


N.M. Rolhsdvld 
and Sons Ltd 

http://www,roth5child,gg 


<>-*4 


Chairman 
Peter Johns 
Managing Director 
Peter Rose 
Trevor Ash 
G raham Curds 
Stephen Dewsnip 
Stephen Dingle 

Peter Harwood 
W illiam Lane QC 
David Moon 
David Oxburgh 
Hon. Jeremy Soames 
Michael W ilson 


1 - FUNDING AGENCY NAME: 
Yad HaNadiv: Fund for the 
Advancement of Landscape 

and Environmental Values in 
Israeli Agricultural Regions 
ELIGIBILITY CRITERIA: Bar-llan 
researchers 

2 - RFP NAME: Rothschild 
Fellowships 

ELIGIBILITY CRITERIA: The 
candidate must be a permanent 
resident of Israel. 

3 - Fellowships will be awarded 
to teachers of Judaic Studies 
http://www.biu.ac.il 


organization dedicated to 
cooperation in research, 
analysis and policy planning 
on issues affecting Jewish life 
worldwide 




Chainnan 


Director 


^ — ^ fjM Rothschild Australia Asset Management Limited 

( Tiong ) HH 

\ J in-Yan L-MjM Rothschild Singapore Asset Management Limited 


8 years of 
funda menta I 
research and 

equity investment 
experience in Asian 
sector markets with 
Capital 

International Inc. 
and JP Morgan 
Investment 
Management Inc. 
Senior Consultant 
with Price 

W aterhouse (New 
York). 


Rothschild Asset Management (Ireland) Limited 


Rothschild Asset Management (japan) Limited 


I 


Rothschild Asset Management (Isle of Man) Limited 


Fund 
Manager 


(9) 


Rothschild 
Asset Management 

International 
Holdings BV(RAM) 


I 


(9) 


•••••• 


Rothschild Asset 
Management Ltd 



1 


OI 



http:/ / www .sixcontinent3.com 
Six Continents is a leading 
global hospitality group, with 
over 3200 hotels across 
nearly 100 countries and over 
2000 restaurants and bars in 
the UK and G ermany. 



widely diversified portfolio currently 
valued at about £700 million 


Lord Rothschild has been honored 
by the government of Portugal for 
his contribution to the country's 
economic development, by tne 
World Monuments Fund for his 
leadership with respect to cultural 
heritage and by the Weizmann 
Institute of Science on the occasion 
of the 50th anniversary of the 
State of Israel. He has received 
many British honors and, in 1997, 
was awarded the Knight Grand 
Cross of the Order of the British 
Empire for services to arts and 
heritage. 

Lord Rothschild was educated in 
history at Christ Church, Oxford. 


1967 - The Five Arrows 
Group was formed to 
undertake international 
investment banking business, 
consisting of NMR de 
Rothschild Freres and Pierson, 
Heldring, Pierson 


i\ 



M 


Five Arrows Woridwide 
Enterprise Tmst 


(9) 


Five Continents 
Financial LJmited 


Manager 


H 


FiveAnows Hnance 


Five Am>ws Leasing Group Limited 



' Fox, Rothschild,/ 
O'Brien & Frankel 


((j;)) :::::: 

UBS (Union de 
Banques Suisses) 




Gerald 
jRosenfeldl 



(9) 


Rolhsdvld 

North 
America 



G era Id Rosenfeld 

Gerald Rosenfeld is Chief Executive Officer of 
Rothschild North America. Prior to joining Rothschild 
he was President of G Rosenfeld 61 Co LLC, an 
investment banking firm. Prior to founding GR Co 
in 1998 he was Head of Investment Banking and a 
member of the Management Committee of Lazard 
Freres & Co LLC. Mr. Rosenfeld joined Lazard in 
1992 after holding significant management 
positions at Bankers Trust Company, Salomon Inc. 
and its Salomon Brothers subsidiary and McKlnsey 
& Company. Mr. Rosenfeld is a member of the 
Board of Directors of Case Corporation, of 
Continental Grain Company and of the Jewish 
Theological Seminary and also serves on the Board 
of Overseers of New York University's Stern School 
of Business, 
(source 
pages.stern.nyu.edu/ -grosenfe/ pdfs/ resume.pdf) 


Financial Advisor Ranking Report 

Ranked by Total Transactional Value First uarter 2 


Five Am>ws Commercial Finance Limited 


AGF Funds Inc. 


(9) 


St James' Place 
Capital Pic 


http://www.sjpc.co.uk/ 
Total G ross Assets 
£708.9m (GBP) 
$l,113.0m (USD) 


(9) 


J Rothschild 
Capital Management 


Panama 
Canal 


(9) 


Royal and Sun 
Alliance Group PLC 


J .'Rothschild 
^ Assurance 
Group 


Chairman 


RIT Capital Partners pIc 


(9):::::: 

Global Strategy Worid 
Companies Fund 


(9) 


Global Sbategy 

Financial Inc. 


(9):::::: 

Global Strategy 
World Equity Fund 


Gold-based financing of jewellers, using consignment stocks, in 
third country markets is a speciality of a minority of the intemational bullion banks, 
including Bank of Nova Scotia and UBS. The former is particularly active in Dubai, France, 
Italy, and Spain. UBS has a strong presence in Hong Kong and Saudi Arabia. Local bullion 
banks are also very active in many markets, though where there has been tight regulation 
on gold imports (as in Italy), local banks in jewellery manufacturing areas have been slow 
to challenge the trading position of the intemational giants and have been content to use 
their consignment stocks. In the USA, the Republic National Bank of New York and the Fleet 
National Bank are among the more active, as are NM Rotiischild and Midland Bank, in the 
UK. In France Societe Generale has some interest Rothschilds is also strong in South East 
Asia, (source: www.gold.org/Stiidies) 

The London Financial Times in its Thursday, J anuary 30, 1997 edition, revealed the extent 
of the gold trading taking place daily through the London Bullion Marketing Association 
(LBMA). The LBMA is mn predominantly by the house of N. M. Rothschild. 
"Deals involving about 30 million troy ounces, or 930 tonnes, of gold valued at moro than 
$10 billion are cleared every working day in London, the intemational settlement center for 
gold bullion. " "This is the first authoritative indication of the size of the global gold market, 
and was revealed yesterday by the London Bullion Market Association. "The volume of 
gold cleared every day in London represented neariy twice the production from South 
African mines in a year, Mr. Alan Baker, chairman of the association, pointed out. "The size 
of the gold market will surprise many observers, but traders insisted the associations 
statistics were only part of the picture because matched orders are cleared without 
appearing in the statistics. Mr. Jeffrey Rhodes, of Standard Bank, London, said the 30m 
ounces should be "multiplied by three, and possibly five, to give the full scope of the global 
market." 



(9) 


James Crosby 



James Place 
Capital 


Ion-Executive DirectorHe was appointed as 
Chief Executive of HBOS pic on 10 September 
2001 following the completion of the merger of 
Halifax and Bank of Scotland on that date. He 
was a director of J. Rothschild Assurance pic 
(now called St. James's Place UK pic) between 
1991 and 1994 and is a Fellow of the Faculty 
of Actuaries. 

Anthony Loehnis 

Non-Executive Director, St J a in !s" Plac! 

Capital PIc 

Mr Loehnis was formerly a director of SG 

Warburg Group pic and was an Executive 

Director of the Bank of England. 


pnvate 
investments 



(As at 31st October "02) 
Total Assets £682m 

Ten largest Investments (excluding Treasury 
Property) as at 31 October 2002 
Investment Holdings 
Royal Dutch Petroleum 
W ellington G lobal Research 
Shinsei Bank 
Atticus International 
Tinicum Partners 
Power Measurement 
G etty Images 
The Economist Newspaper 
Venture Production 
Lukoil 
(source: 

http:/ / www.hemscott.com/ equities/ company/ cdOl 
874.htm) 


vVv •••••• 

Saffron Hill 


Global Strategy Worid Equity RSP 


o 

Global Strat Roth Divf EurD RSP 



D 

Global Stiat Roths Div Jap Plus 

RSP 


D 

Global Strat Roths Div WId Bond 

RSP 


Global Stiat Roths Divf Wrid Eq RSP 


(9) :::::: 

NOVA SCOTIA 
POWER INC. 




(9):::::: 

scliild Finmiia I 
Consulting 


Ro 


D irect Testim ony 
of J ames R. 



Board member 



www.digitaldeck.com/ corp-member.html 


principal with James D. 
W olfensohn-Horowitz 
Entertainment and was 
an investment banker 
with L F. Rothschild 6(C0. 


02 


,121 


Rank/ Financial Advisor / Number of Deals / Total ifansactional Values 

1 / Merrill Lynch & Co / 16 / 24,920,872,262 

2 / Morgan Stanley Dean W itter / 8 / 18,855,28 

3 / Goldman SachsS< Co / 8 / 18,523,339,859 

4 / Credit Suisse First Boston / 8 / 13,545,409,674 

5 / CIBC W orld Markets Corp / 4 / 6,228,847,570 

6 / J P Morgan Chase 6, Co / 5 / 6,063,487,723 

7 / Lehman Brothers Inc / 4 / 5,443,699,819 

8 / Deutsche Banc Alex Brown / 6 / 4,980,589,401 

9 / G reenhill & Co LLC / 3 / 4,184,710,412 

10 I II til sell lid Inc Ml 3,I]0,5S9,I77 

11 / UBS W arburg LLC / 5 / 3,478,754,373 

12 / Donaldson Lufkin & Jenrette / 1 / 3,044,559,677 

13 / National Bank Financial / 2 / 2,629,743,015 

14 / Cohane Rafferty Securities/ 1 / 1,903,983,000 

15 / Bacon £, W oodrow / 1 / 1,873,000,000 

16 / Banc of America Securites LLC / 5 / 1,601,826,924 
17/ First Union Securities Inc/ 1/ 1,565,618,105 

18 / SW S Securities Inc / 3 / 1,323,142,535 

19 / Ernst & Young / 1 / 1,200,000,000 

20 / Gleacher 6< Co / 1 / 882,000,000 

21 / Houlihan Lokey Howard & Zukin Capital / 7 / 813,234,359 

22 / U S Bancorp Piper Jaffray Inc/ 6 / 689,817,936 

23 / Salomon Smith Barney Inc/ 1 / 654,000,000 

24 / Lazard Freres & Co LLC / 2 / 648,096,071 
25/ Dresdner Kleinwort W asserstein Inc / 3/ 419,765,709 


chairman 



(9) 


no«h5cHld Inc 



(9):::::: 

Charter Oak 
Partners 


world 
governance rothschild 


Yves-Andre Istel 

Since 1993 Yves-Andre Istel has served as the Vice Chairman of Rothschild 
Inc. and Member of the Office of the Chairman, Vice Chairman of Rothschild 
Europe B.V., and Director of Rothschild Si Cie Banque. 
Before Joining Rothschild Inc., Mr. Istel worked at W asserstein Perella k Co., 
Inc. from 1988 to 1992, where he served as Chairman of W asserstein 
Perella & Co. International, Managing Director of W asserstein Perella k 
Co., Inc. and a Member of its Policy Committee. From 1983 to 1988, Mr. 
Istel was the Co-Chairman of First Boston International, Managing Director 
of The First Boston Corporation, and a Member of its Investment Banking 
Committee. From 1977 to 1983, Mr. Istel was the Managing Director and 
member of the Board of Directors of Lehman Brothers Kuhn Loeb, Inc. Mr. 
Istel has also served as the Director of the Compagnie Financlere Richemont 
AG , Director of North American Resources, and Director of Valeo S.A. 
For many years, Mr. Istel was a member of The New York Stock Exchange 
Advisory Committee on International Capital Markets. 



Business 
Records 
Corp. 


president 


(9) 


• • • • • 

• • • • • 


Rothschild, 
J Wolfensohn & Co 


(c^o) :::::: 

Shearson Lehman 
Brothers, Inc. 




M. JANET McLEOD Business 
Manager 

Janet McLeod is Business Manager 
for e-Scotia Acquisition Inc. 
Previously she was network 
administrator and executive 
assistant at N M Rothschild 61 Sons 
Canada Limited from 1993 to 
2000 where she provided hands- 
on network support. Prior to 
Joining Rothschild, Janet was an 
executive assistant at NSP 
Investments Limited providing 
support to the President and Chief 
Executive Officer and Executive 
Vice President. Janet also worked 
at Chatelaine magazine as 
Assistant to the Editor. 



GREGORY A. MILAVSKY \ Jhg 
Director and Group HeacS^eg 
Milavsky is Group Head of e-Scotia 
Acquisition Inc. Previously, he was 
head of Merchant Banking for 
Rothschild Ouantico Capital from 
1995 to 2000. Prior to that, Greg 
spent five years at Rothschild Canada 
Limited, most recently as Senior Vice 
President and Director. He provided 
investment banking, corporate finance 
and financial advisory services to 
public and private corporations and 
governments. Prior to Joining 
Rothschild, Greg was an investment 
banker with James D. Wolfensohn 
Incorporated in New York, where he 
acted as an advisor on mergers, 
acquisitions and related transactions 
for international corporations and 
financial institutions. Greg has also 
had merchant banking experience in 
London and Tokyo, where he worked 
with the Canadian Imperial Bank 
Group as an Associate Director, 
Corporate Finance. 

Dundas, Unlu Si Co. Ltd., a new Turkish 
corporate finance house, has opened 
in the business capital, Istanbul. The 
company said in a statement that the 
two controlling shareholders are 
Alesdair Dundas, former managing 
director of J. Rothschild, Wolfensohn 
k Co. and, prior to that, managing 
director for mergers and acquisitions 
at Bankers Trust Company, and 
Mahmut Unlu, former assistant general 
manager and head of corporate 
finance atYatirim Bank. „*«»"""" 


f James D. \ 
\Wolfensohn/ 


Michael McCarthy runs the 
McCarthy Group; Michael 
McCarthy is the Campaign 
Treasurer for Republican 
Senator Chuck Hagel; The 
FEC designates Michael 
McCarthy as a Primary 
Campaign Committee for 
Candidate Chuck Hagel 


"Howard Ahmanson, a savings and loan heir long involved with 
Christian Reconstructionisn, a faction of the Religious Right at its most 
extreme. Identified with Rousas). Rushdooney's Chalcedon Foundation, 
Christian Reconstructionism takes the extreme view that conservative 
Christians should take "dominion" over U.S. society and replace 
democracy with theocracy... The Ahmanson family donated SI. 5 million 
to the Discovery Institute's Center for the Renewal of Science and 
Culture's research and publicity program to "unseat not Just Darwinism 
but also Darwinism's cultural legacy" (Comparative Literature 
"Performing virtual whiteness: The psychic fantasy of globalization" by 
Linda Kintz 10/01/2001 )