Advisory Panel Appointments

Billam PLC 21 June 2000 BILLAM PLC Appointment to the panel of advisors to the Board of Billam plc Dr George Morris and Charles Breese FCA were today appointed to the panel of advisors to the Board of Billam Plc. The directors of Billam stated that it is their intention to assemble a strong multidisciplinary panel which will not only generate and appraise dealflow for itself but will also seek to act as a specialist filter for commercial organisations where this facility is currently not available. The Company intends to announce further appointments shortly to both the advisory panel and Board of directors. Dr. George S. MORRIS EDUCATION Wandsworth Comprehensive School, London, and Perse School, Cambridge King's College, University of London; BSc (Hons) Plant Biochemistry (1978) and PhD in Plant Biochemistry (1982) Title; Computer Assisted Analysis of Protein and Non-protein Amino Acids in Plant of the Family Leguminosae EXPERIENCE Currently Dr G S Morris is a Consultant with Close Brothers Corporate Finance in London U.K and Close Brothers Equity Markets in Paris, France. Where is advising on valuation for IPOs secondary offerings. Private equity and M&A transactions both technologically and financially. He is also assisting the Close Brothers group with analysis in his area of experience. This is a role he has been performing since the end of January 2000 on temporary bases. 1996-2000 QUARTZ CAPITAL PARTNERS LIMITED; Director - Life Sciences; A start- up European investment bank. Responsible for building the company's life sciences division both from research and transactional perspectives in private and public equity IPOs and M&A activities, and has undertaken transactional activities in Europe, the U.S.A. and Australia. 1995-1996 BEESON GREGORY ltd; (Stockbrokers) Consultant to the company on biotechnology transactions in the UK and Europe. 1988-1996 ADVANCED TECHNOLOGIES (CAMBRIDGE) LTD; Senior Research Scientist then Project Leader Developed and implemented a programme exploiting plant biotechnology for the flavour and fragrance industries scientifically and commercially. Instigated and managed programmes aimed at the alteration of various chemical factors in targeted crop plants by genetic engineering. Managed many of the company's biochemical and chemical functions. Set up and ran collaborative programmes with academic and commercial organisations throughout Europe. 1987-1988 UNIVERSITY COLLEGE LONDON, DEPARTMENT OF CHEMISTRY; Post Doctoral Research Fellow Managed a programme to produce chemicals and biological compounds using advanced biotechnology for industrial, agricultural and medical applications. Research conducted under commercial sponsorship raised in conjunction with the professor. 1986-1987 KINGS COLLEGE LONDON, DEPARTMENT OF BIOLOGY; Post Doctoral Research Associate Exploited tissue culture and genetic manipulation techniques for the production of high value-added chemicals from low cost starting materials. 1982-1986 GUYS HOSPITAL MEDICAL SCHOOL (UMDS) DEPARTMENT OF MEDICINE; Post Doctoral Research Scientist An academic laboratory within a major teaching hospital, studying inborn errors of metabolism in humans. Developed systems for the determination of pharmaceuticals and their metabolites under the aberrant conditions of inherited errors of metabolism. Several became standard within hospital situations. Worked on the development of pre-natal diagnosis of metabolic errors. Assisted management accountants in the establishment of national reference lab for the range of disorders specialised in by the laboratory. 1981-1982 LAURENCE, PRUST & Co (stockbrokers); Institutional Research Analyst As an analyst in the UK institutional research department focusing on pharmaceuticals and Head of Corporate Finance on biotechnology projects. ADDITIONAL INFORMATION A named author on around forty referred papers and a named inventor on patents currently being processed and granted. Throughout the scientific periods has conducted consultancy projects in the fields of biotechnology and pharmaceuticals for City of London corporate stockbroking firms and smaller commercial companies and is a SFA Registered Representative. Also sits on the European Commission's panel on Biotechnology and financing as an expert and is regularly asked to be a conference speaker and participant in this area of experience. Has undertaken numerous continuing professional development courses covering finance and general management as well as in specific areas related to science & technology, statistics and project management Charles Breese FCA Qualified as a chartered accountant with Grant Thornton Subsequently spent thirteen years with KPMG up to 1982. June 1982- joined Larpent Newton, a venture capital fund manager, and became managing director in 1986. 2000 onwards Key features of the investment philosophy developed specifically to meet today's market requirements by Charles at Larpent Newton are as follows: - focus on ambitious technology driven companies, both quoted and unquoted - all investee companies have to operate within the B2B sector and sell products and/or services delivering demonstrable value - combining industrialists with fund managers to assist with the development of investee companies. The above filter is an effective tool for identifying businesses which are likely to prosper across a broad range of B2B activities in the new business environment created by developments in communications technologies. Examples of established companies with which Charles has been involved are Fuel-Tech (NASDAQ), Plasmon, Snackhouse and TLS Range. Charles agreed to join the Billam plc Investment Committee because Billam plc's investment approach accords with the approach described above. Key directorships Oxford Technology 2 Venture Capital Trust plc. Oxford Technology Venture Capital Trust plc M R Sentire Limited Larpent Newton & Co Ltd Beaver Holdings Limited 21 June 2000

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