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Mr. Sockwell 63 was elected a Director of the Company in 2002. He retired in 1997 as President and Chief Executive Officer of Construction Loan Insurance Corporation (also known as Connie Lee) a financial guaranty company established in 1987. Previously Mr. Sockwell served in various positions with Student Loan Marketing Association (also known as Sallie Mae) including as Executive Vice President Finance Administration and Planning from 1984 to 1987. He is also a director of R.R. Donnelley & Sons Company a provider of printing and related services and serves on the boards of a number of not-for-profit organizations including the Columbia Graduate School of Business Management Leadership for Tomorrow and the Eugene Lang Entrepreneurial Initiative Fund. Mr. Sockwell’s current term as a Director expires in 2008. | 