Marine Finance and Leasing


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August 27th, 2009

As part of our immediate post acquisition strategy we are committed to establish a Board of Directors to provide the necessary guidance & knowledge to grow the business in a disciplined and structured manner.

We are therefore proud to announce that Greg O'Callaghan will be joining the Board of Capitalcorp as Chairman. Until recently Greg was the Managing Director of GE Money's Motor Solutions Australian division. Since commencing that role mid 2006 the business grew to have assets of approx $6 billion.

Prior to that role, Greg was Chief Executive Officer of GE Money Singapore and previously had lead GE Motor Solutions Australia as Chief Operating Officer. In that capacity he was responsible for National Operations, Information Technology, Training, Legal and 6 Sigma.

Greg joined GE in 1998 with the Nissan Finance acquisition where he was National Operations Manager. During his 24 year career at Nissan Finance, Greg spent eight years as National Operations Manager (Marketing and Product Development, Operations, IT, Training and Credit). Before this, Greg was General Manager for the Victoria and Tasmania region for 14 years (70% of total assets of the business). His other roles at Nissan included Administration Manager, Sales Manager, and Wholesale Officer.

Greg has significant experience in financial services and will help Capitalcorp develop a long term sustainable strategy which will allow our team to develop a business plan that will generate profitable and sustainable growth in Consumer and Commercial Financial services.

Please welcome Greg and provide him your total support that will enable Capitalcorp to regain it's rightful position as the markets No. 1 independent Financial services provider.

Regards

Jack Bradford & Graham Crouch


Marine Finance and Leasing


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