CENTRAL IRON ORE - Key Persons

Job Titles:

• Director
• Member of the Management and Directors Team

Mr Howland-Rose has 48 years experience in exploration, discovery, development and corporate activity worldwide in the junior exploration sector. He has been involved in over a dozen mineral discoveries which included Poseidon's Mt Windarra in 1967, the most recent of which was the Avebury Nickel Project for which he was co-recipient of the Association of Mining & Exploration Companies (AMEC) Prospector of the Year Award in 2007. Tony, for the years 1996 to 2008 as a Director and Chairman of Allegiance Mining NL, together with David Deitz, presided over the discovery, drill out, financing and building of the AUD$180 million Avebury Mine and processing facility. Allegiance Mining NL was acquired by a hostile takeover by Zinifex Limited in 2008 for approximately AUD$860 million. He holds a Bachelor of Science Honours Degree in Geology from the Queens University of Belfast, Ireland; Master of Science in Applied Geophysics from London University and a Diploma of Imperial College (London) in Geophysics.

Job Titles:

• Chief Executive Officer
• Director
• Member of the Management and Directors Team
• President

Mr. Hodgins has 15 years of professional experience in the resources sector primarily focused on iron ore mining operations. He began his career as a geologist with Robe River Mining and Rio Tinto Iron Ore. During that time he was involved with the commissioning and development of the West Angelas and Hope Downs operations. Mr. Hodgins' recent experience includes General Manager Project Development for Iron Ore Holdings. He brings a wide range of experience in operations and feasibility studies and has a broad knowledge of the iron ore sector. Mr. Hodgins has completed a Science Degree with Honours in Geology from Newcastle University. He has also completed a Graduate Diploma in Finance and Investment from Financial Services Institute of Australasia.

Job Titles:

• CFO
• Director
• Member of the Management and Directors Team

David joined Allegiance Mining NL in 1996 and became a Director in August, 2000. As Chief Financial Officer he was part of the team with Anthony Howland-Rose that discovered and brought into production the Avebury Nickel Mine in Tasmania. Allegiance Mining NL was taken over in 2008 for approximately $860 million. Director of Gullewa Limited (ASX: GUL).

Job Titles:

• Chairman
• Director
• Member of the Management and Directors Team

Mr. Homsany is an experienced corporate lawyer with significant experience in the resources and energy sector. He has extensive experience in corporate law, including advising public resources and energy companies on corporate governance, finance, capital raisings, takeovers, mergers, acquisitions, joint ventures and divestments. He also has significant board and experience with publicly listed resource companies including as chairman. He has also worked for an ASX top 50-listed internationally diversified resources company in operations, risk management and corporate matters. His experience includes an operations role with Robe River Iron Ore. Mr. Homsany has completed the Certified Practising Accountant program and is a fellow of the Financial Services Institute of Australasia (FINSIA). He has a Commerce Degree and Honours Degree in Law from the University of Western Australia and a Graduate Diploma in Finance and Investment from FINSIA.