Management

David Grossman, CEO and CFO

Mr. Grossman has served as Chief Financial Officer since September 1997
and as Corporate Secretary since December 1996. He was appointed Interim Chief
Executive Officer in February 2010. He served as President from November 1998
until May 2000 when he resigned as a full-time employee of BIUSA. He served as
comptroller from November 1995 until September 1997. Mr. Grossman was chief
financial officer of LynkTel, Inc. from May 2000 to January 2003. From
February 2003 to January 2005, he served as operations controller of BHP
Billiton. He was an audit partner of Malone & Bailey, PC from 2005 to 2007.
Mr. Grossman is currently an audit partner with GBH CPAs, PC. Prior to joining
BIUSA, he was an audit senior manager for Deloitte & Touche LLP. Mr. Grossman
is a certified public accountant and graduated from Indiana University in 1985
with a BS degree in accounting.

Directors

Robert Knauss, Chairman

Mr. Knauss has served as Chairman of the Board since our inception in
March 1991, and as Chief Executive Officer from January 1994 to February
2010. Mr. Knauss currently serves as an Independent Director on the Boards of
the Equus Total Return Inc., The Mexico Fund, XO Holdings, and Westpoint
International. He previously served as Chairman of Philip Services Corporation
from 1998 to 2000, and from 2002 to 2003, and as a Director of Seitel Inc. from
June 2002 to June 2004. Mr. Knauss also previously served as the Dean of the
University of Houston Law Center, and of the Vanderbilt University Law School.
Mr. Knauss holds a JD from the University of Michigan, and BA from Harvard
College.

Paul Gregory, Director

Dr. Gregory served as our treasurer, on a part-time basis, since our
inception in March 1991 until August 1995. Dr. Gregory is the Cullen Professor
of Economics and Finance at the University of Houston where he has been a
faculty member since 1972. He was involved in creating the Petroleum
Legislation Project with Russia and he served as project coordinator of the
Russian Securities Project in conjunction with the Russian State Committee for
Property Management and the various Russian stock exchanges. He serves as
advisor to a number of major United States corporations on their Russian
business activities, and has been active in the former Soviet Union for 25
years. He has served as chairman of the board of Amsovco International
Consultants, Inc. since 1988. He has also served as a consultant to the World
Bank. Dr. Gregory graduated from Harvard University with a Ph.D. in economics
and is fluent in Russian and German. Dr. Gregory is the author of a text on
the Soviet and Russian economies.

Ted Reynolds, Director

Mr. Reynolds has been president of Houston Grain Company since 1983 and
vice president of Mid-America Grain Commodities since 1976. He also formed and
is owner of Red River Grain Company. He is actively involved in various
international business transactions. Mr. Reynolds is a graduate of Texas
Christian University.