Tim George has extensive experience of diamond production and of the industry in general from his former employment as CEO and Chairman of the Board of Xceldiam Limited, with operations in Angola and South Africa. Timothy was responsible for the startup- and investments decision which among others, resulted in the listing of the Company on Alternative Investment Market (AIM) in London in 2005. His experience also include the execution of the sale of Xceldiam's assets to Petra Diamonds in 2007. George has worked as Special Projects Officer within Anglo American and De Beers Corporations, as Divisional Metallurgist within diamond services division at Anglo American Corporations and with business development of Grinaker LTA Limiteds concessions, mining and infrastructure.

Other board positions include iPower Renewable Energy Systems (Pty) Limited, 3 Laws CapitalSouth Africa (Pty) Limited and Oubokskraal Ltd.

George has a degree within B. Eng. (Honours) Mineral Engineering (class II) from University of Leeds, England. Timothy George is a English citizen (residence in RSA).

Shareholdings in IGE: 0
Warrants/call options in IGE: 0

Ashley Dunster is a Private Equity Managing Partner with primary responsibility in Emerging Europe, the Middle East and Africa. In 2006, he became a member of the Investment Committee. Prior to joining the CIPEF team in 1997, he spent four years at the European Bank for Reconstruction and Development, where he was a principal banker in the Early Stage Equity Team with private equity responsibilities covering Russia, Kazakhstan, Hungary and Slovenia. Beforethat, Mr. Dunster was an associate consultant at at The L.E.K Partnership, an international strategy consulting firm. During his four years at L.E.K, he worked on mergers and acquisitions transactions, corporate strategy, privatization and restructuring mandates in Poland. Mr. Dunster received a BE in civil engineering from the University of Melbourne, and a Master degree in mathematics from Oxford University. Ashley Dunster is a Australian citizen (UK resident) based in London.

Shareholdings in IGE: 0
Shareholdings in IGE through affiliated companies: 274,679,226

Aaby's educational background is in marketing. He has developed and owned companies within business development, marketing and design in Norway and Sweden. He has professional experience from the press and public relations sector and as marketing director within manufacturing and commercial trade. Aaby currently works as an investor and consultant. He has followed the mining sector for several years and has been a shareholder in IGE for the last five years. He is a board member of Mace Invest AS, Mace Consult AS and Colosseum Eiendom ANS. Magne Aaby is a Norwegian citizen.

Shareholdings in IGE: 3,000,000

Warrants/call options in IGE: 0

BSc (Hons) Geol, MSc (Mineral Exploration), FGSSA

Anton is an experienced geologist with more than 30 years exploration experience. Among his career highlights, he is credited with the discovery and evaluation of the Xstrata Group's high-grade Rhovan vanadium deposit, the Taaiboschspruit colliery and contributed to the re-evaluation of the large Burnstone gold deposit, all in South Africa. In Tanzania, he was responsible for the discovery of a number of Barrick's gold deposits and his activities attracted major players into that country.

Anton was responsible for the discovery of five titanium-zircon sand deposits including the Corridor Sands deposit in Mozambique and the Kwale deposit in Kenya. He is based in Johannesburg and has managed the exploration activities of Pangea DiamondFields PLC throughout Africa. He is Managing Director of Pangea Exploration Limited in Johannesburg. Anton is a director of Tanzanian Royalty Exploration Corporation (TSE) and of NWT Uranium Corporation (TSE). He was the first recipient of the Des Pretorius Memorial Award for outstanding work in economic geology in Africa and received the Dreyer Award from the Society for Mining and Metallurgy and Exploration Inc (USA) for outstanding achievements in applied economic geology. Anton Esterhuizen is a South African citizen.

Shareholdings in IGE: 0
Warrants/call options in IGE: 0

Magnus B. Lindseth is an entrepeneur. Mr Lindseth has experience as Owner, Chairman, Director and Strategic Advisor in various fields of business primarily in Norway and UK, in sectors as Private Equity, Investment Banking and Asset Management. Mr Lindseth introduced and launched BlackBerry in Norway. Magnus B. Lindseth is a Norwegian citizen.

Shareholdings in IGE: 20,000,008

Carlsson has previous to his position with IGE worked as manager within ISS Facility Services, Fischer Partners FK AB (Corporate Finance) and Nordea. Carlsson has thorough experience from working with corporate finance were he handled public offerings,private placements and company listings, as well as controlling, auditing and financial reports for listed companies. Carlsson holds a Master's Degree in Finance from Stockholm University. Thomas Carlsson is a Swedish citizen.

Shareholdings in IGE: 1,270,000
Warrants in IGE: 2,000,000

Bratt has more than 15 years of international and commercial experience from the mining and metals industry (mainly nickel, copper, cobalt, lead, zinc, precious and platinum group metals). Fredric worked over eight years for Falconbridge International in Brussels, initially as Manager Raw Materials and later as Director Raw Materials, where he was responsible for acquiring nickel, copper, cobalt and PGM bearing raw materials for the smelter in Sudbury, Canada and the Falconbridge Nikkelverk A/S refinery in Kristiansand, Norway. He was previously employed by Boliden over five years as General Manager for the joint Boliden, Trelleborg and Falconbridge office in Moscow. He has held directorships on the board of Falconbridge International Limited, Barbados (1998-2006) and Falconbridge East Limited, Cyprus (1998-2006). Fredric Bratt is a Swedish citizen.

Shareholdings in IGE: 1,600,000

Mr Kamstra is a Professional Engineer with many years of project and financial experience. Over the last four years he has been establishing and managing diamond projects over most of Africa. In some instances this has required pioneering new logistical routes to gain access for the heavy equipment required. He qualified cum laude from the University of Cape Town with a Civil Engineering degree in 1989. He then commenced his career at Grinaker Concrete Construction becoming a director of that company in 1999. During his tenure there he completed a number of large infrastructure projects throughout Africa including a few South African firsts. After which he completed an MBA at University of Witwatersrand. He has undertaken projects for the Landbank of South Africa, the National Union of Mineworkers and a number of private companies primarily in the role of Managing Director or CEO tasked with returning companies to profitability or assisting with the establishment of new ventures. Prior to IGE Diamond he was the CEO of Pangea DiamondFields PLC, which he successfully merged with IGE Resources in March 2010. Boris Kamstra is a South African citizen.

Shareholdings in IGE: 0

Warrants/call options in IGE: 0