Directors and Advisors

Jim McColl OBE, Chairman

Jim was appointed Chairman of Clyde Process Solutions in July 2006. Jim has an outstanding track record of developing, acquiring and integrating businesses across process industries. He has overall responsibility for the strategic development of the Group.

Jim's achievements have been recognised across the industry and he has been presented with a series of awards, which include the Ernst & Young Master Entrepreneur of the Year 2001, an OBE in 2001, awarded as part of the Queen's Birthday Honours List, a Scottish international business achievement award presented by HRH Princess Royal in 2006 and, more recently, was named Insider Elite Leader of the Year 2006.

Alex Stewart, Chief Executive

Alex was appointed Chief Executive of Clyde Process Solutions in July 2006. He is responsible for developing the Group's global performance through its market-driven and customer-centric approach across its key markets. Alex holds a Bachelor of Accountancy degree from Glasgow University and is a qualified Chartered Accountant. He received the Scottish Finance Director of the Year award in 2003.

John Hall, Executive Director

John joined the board of Clyde Process Solutions in July 2006. John spent 20 years working for Pegler-Hattersley in various financial positions before joining Clyde Materials Handling in 1986. He is a fellow member of the Chartered Institute of Management Accountants and is responsible for the Group's financial and administrative activities.

Ian Lee, Non-Executive Director* ***

Ian joined the board of Clyde Process Solutions in August 2007. Ian is a former senior partner of Ernst & Young in Glasgow, where he was primarily involved in leading and coordinating audits of various listed companies and international groups. He was a member of the Ernst & Young governing Council for six years, and was a member of the firm's audit committee. He was the Convener of the Institute of Chartered Accountants of Scotland Audit and Assurance Committee. Ian is responsible for chairing the Group's audit and AIM committees.

Dr. Geir A Gunnlaugsson, Non-Executive Director**

Dr. Gunnlaugsson joined the board of Clyde Process Solutions in August 2007. Dr. Gunnlaugsson currently represents Atorka Group hf, an investment company listed on the Icelandic Stock Exchange (ICEX), on the boards of a number of companies, where his skills have been applied to numerous commerical projects. Dr. Gunnlaugsson has led the development and growth of several Icelandic companies. Dr. Gunnlaugsson is responsible for chairing the Group's remuneration committee.

* chairman of the audit committee

** chairman of the remuneration committee

*** chairman of the AIM committee

Committees

The Directors have established the Audit Committee, Remuneration Committee and AIM Committee.

Audit Committee

The Audit Committee consists of Ian Lee as Chairman and Dr Geir A Gunnlaugsson as an independant non-executive director. The Audit Committee meets at least twice a year and considers the appointment, reappointment and removal of the external auditors and approves their remuneration and terms of engagement, including developing and implementing a policy on the provision of non-audit services by the external audit firm. It also reviews and monitors the independence and objectivity of the external auditor. The Committee is also responsible for monitoring compliance with accounting and legal requirements and for reviewing the annual and interim financial statements prior to their submission for approval by the Board.

Remuneration Committee

The Remuneration Committee consists of Dr Geir A Gunnlaugsson as Chairman and Ian Lee as an independant non-executive director, and determines the terms and conditions of service of the executive directors, including their remuneration and grant of options.

AIM Committee

The AIM Committee consists of Ian Lee as Chairman and Dr Geir A Gunnlaugsson as an independant non-executive director, and ensures that the Company's obligations under AIM Rules are satisfied.

Advisors