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Richard E. Rainwater has been an independent investor since 1986. From 1970 to July 1986 he served as the chief investment advisor to the Bass family whose overall wealth increased dramatically during his tenure. During that time Mr. Rainwater was principally responsible for numerous major corporate and real estate acquisitions and dispositions. Upon beginning his independent investment activities he founded ENSCO International Incorporated an oil field service and offshore drilling company in December 1986. Additionally in June 1988 he co-founded Columbia Hospital Corporation and in March 1989 he participated in a management-led buy out of HCA-Hospital Corporation of America. In November 1992 Mr. Rainwater co-founded Mid Ocean Limited a provider of casualty re-insurance. In February 1994 he assisted in the merger of Columbia Hospital Corporation and HCA-Hospital Corporation of America that created Columbia/HCA Healthcare Corporation. Mr. Rainwater is a graduate of the University of Texas at Austin and the Graduate School of Business at Stanford University. Mr. Rainwater has served as the Chairman of the Board of Trust Managers since the Company's inception in 1994. | 