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Mr. Ainslie, a private investor, is the former president, chief executive officer and a director of Sotheby's Holdings. He was chief executive officer of Sotheby's from 1984 to 1994. From 1980 to 1984, he was president and chief executive officer of the National Trust for Historic Preservation. From 1975 to 1980, he was chief operating officer of N-Ren Corp., a Cincinnati-based chemical manufacturer. From 1971 to 1975, he was president of Palmas Del Mar, a real estate development company. He began his career as an associate with McKinsey & Company. Mr. Ainslie is a director of the St. Joe Company and Lehman Brothers Bank, FSB. He is a trustee of Vanderbilt University and chairman of The Posse Foundation, Inc. Mr. Ainslie has been a director of Lehman Brothers Holdings Inc. since 1996, and serves as a member of the Audit Committee. | 