Mr. Peter Valentine has been appointed as Chairman of the Board of Trustees of Livingston International Income Fund since February 2009. He has been Chair of Livingston’s Audit Committee since December 2004. He is also a member of the Corporate Governance Committee and the Special Committee. Mr. Valentine is currently a corporate director, serving as a director and member of the audit committee of the board of Superior Plus Corp. In February 2003, he began serving as a trustee of Fording Canadian Coal Trust (“Fording”) and joined its governance committee in May 2004. He continued in these capacities until November 2008, when all of the outstanding units of Fording were acquired by another corporation. From April 2004 to January 2008, Mr. Valentine was a member of the board of directors of PrimeWest Energy Trust. He chaired its audit and finance committee from May 2005 to July 2007, but remained a member of that committee until he left the board in January 2008. In the fall of 2007, Mr. Valentine was appointed a governor of the Canada School of Public Service, a federal crown corporation. From February 2002 until the end of January 2007, he served as both senior advisor to the president and CEO of the Calgary Health Region and senior advisor to the Dean of Medicine, University of Calgary. In May 2005, he was appointed chair of the Alberta Securities Commission for an interim period while a permanent candidate was being sought. In July 2003, Mr. Valentine completed an eight-month term as interim vice-president, finance and services, of the University of Calgary. From 1995 to 2002, he served as the Auditor General of Alberta. While a member of the firm KPMG, from 1958 to 1995, Mr. Valentine was recognized as a Fellow of the Institute of Chartered Accountants. He is also a graduate of the Directors’ Education Program of the ICD Corporate Governance College and has been accredited with the ICD.D designation.

Mr. Peter G. Restler is a Trustee of Livingston International Income Fund since January 4, 2002. He served as Chairman of the Board of Trustees from the inception of the Fund until February 22, 2005. He is also a member of Livingston’s Audit Committee and the Special Committee. Mr. Restler is a managing partner and founding partner of CAI Managers & Co. L.P., a private equity firm. He is currently a board member of Corix Corporation, a Vancouver-based CAI investment.

Mr. Peter Luit is a Trustee of Livingston International Income Fund since January 4, 2002. He has been President and Chief Executive Officer of Livingston International Inc. since November 1997. In the fall of 2004, he became a trustee of the SIR Royalty Income Fund and currently serves as chair of its audit committee. He has also been a director of the Toronto Symphony Orchestra since November 2007.

Jacques Landreville is a Trustee of Livingston International Income Fund since January 4, 2002. He is a member of Livingston’s Human Resources and Compensation Committee and the Special Committee, and is also an interim member of the Audit Committee. He is currently a corporate director and serves as chairman of the board of trustees of the Colabor Income Fund, chairman of the board of directors of Opmedic Inc., a public health care services company, and, since May 2000, sits on the Lassonde Industries board of directors. Although he has retired from Uni- Sélect Inc., an automotive parts distributor, where he was president and chief executive officer from 1991 to December 2007, Mr. Landreville continues to sit on the Uni-Sélect board of directors.

Mr. Joseph M. Natale is a Trustee of Livingston International Income Fund since January 4, 2002. He serves as Chair of the Human Resources and Compensation Committee and is a member of both the Corporate Governance Committee and the Special Committee. He is president, business solutions, of TELUS Communications Company, a telecommunications service provider. Until June 2003, prior to joining TELUS, Mr. Natale was senior vice-president and managing director, Canada, of Bearing Point, Inc. (formerly KPMG Consulting Inc.). He joined KPMG as a partner in 1997 and became managing partner of business transformation services in 1999.

Mr. Allan Lever is a Trustee of Livingston International Income Fund since March 16, 2009. He is currently president and chief executive officer of A.N. Lever & Associates, a trade consulting company specializing in the Middle East. Since 2006, he has also been a trade advisor to Chicago-based Gulf Care International, Inc., a company that fosters trade between the U.S. midwest and countries in the Middle East. Previously, he was vice-chairman of the Illinois Global Partnership and served on the University of Illinois’ Advisory Council of the Center for International Business Education and Research. From 1998 to 2005, he was president of the World Trade Center of Chicago. Mr. Lever was a member of the Canadian Foreign Service, serving as Canadian Consul General in Chicago from 1994 to 1998 and as Canada’s Ambassador to the Kingdom of Saudi Arabia and the Republic of Yemen from 1989 to 1994.