Main Board

Sten Mortstedt Aged: 70 Executive Chairman	Sten Mortstedt has a consistent track record during a period of over 40 years, of building profitable and sustainable businesses both within the field of property and in a wide variety of other commercial sectors. He began his career in 1962 with Svenska Handelsbanken in Stockholm and within three years he had formed a property investment partnership. In 1968 he was appointed Managing Director and later Chairman of the Mortstedt family property company, Citadellet AB, which he successfully floated on the Stock Exchange in Stockholm, in 1981. The company was sold in 1985 for a price five times higher than the introduction price and was at that time the largest property deal ever recorded in Scandinavia. Since 1977 he has been involved in establishing and running property interests in the UK, Sweden, France and Germany. He established CLS in 1987 and took the Company to a listing on the main market of the London Stock Exchange in 1994. Since that time, as Executive Chairman he has been a driving force in this pan-European Group in generating growth in profits and asset values. In addition to his focus on property, he has been commercially active in a number of investment areas outside the property arena and has seen a number of the companies in which he has invested through to successful stock exchange listings or trade sales. He runs his global interests from his residence in Switzerland.

Thomas Lundqvist Aged: 66 Vice Chairman & Non-Executive Director	Thomas Lundqvist joined the Board in November 1990 and had been Finance Director of the Group until retiring from the position and becoming a Non-Executive Director on 1 October 1995. Prior to joining CLS, Mr Lundqvist worked for the ASEA-Brown Boveri Group (ABB) and from 1983 for Svenska Finans International, part of Svenska Handelsbanken Group where he was a board member. Thomas chairs the Remuneration Committee and is a member of the Audit Committee. He was appointed Vice Chairman on 24 November 2009.

Henry Klotz Aged: 65 Chief Executive Officer	Henry Klotz qualified as an engineer and economist, was appointed MD in Citadellet AB 1978-1985 and joined the group in 1999. He was initially responsible for the management of our Swedish operation and latterly was involved in the set up of our German division. In January 2008 Henry relocated to our London head office and took up the role of Business Development Director responsible for identifying and sourcing new business opportunities for the Group. On 2nd May 2008 he took office as the Chief Executive Officer of the Group. On behalf of CLS he is also Non-Executive Chairman of Catena AB, a Nordic real estate company quoted on the Stockholm stock exchange, in which CLS holds 29.1% of its shares. He is also a Non-Executive Director of Bulgarian Land Development plc, an AIM listed company in which CLS held 47.7% of its shares at the year end.

Richard Tice Aged: 45 Deputy Chief Executive Officer	Richard Tice joined CLS as Deputy Chief Executive Officer on 11 March 2010 and holds a BSc (Hons) in Quantity Surveying. He was appointed to the Board of CLS on 11 May 2010. He has over 23 years of experience in international property and was joint CEO of the Sunley Group plc for 15 years until 2006 when he arranged a shareholder exit prior to the market downturn in 2007. He was then Managing Parnter of his own boutique firm specialising in real estate debt. For three years until October 2009, he was also a non-executive director then Chairman of AIM listed South African Property Opportunities plc. He has also been a non-executive director of two other listed property companies. His property experience covers commercial and residential investment as well as development, together with banking, hedging debt restructuring and distressed debt trading. His corporate experience includes two IPO's and rights issues.

John Whiteley Aged: 51 Chief Financial Officer	John Whiteley joined the Company in October 2009 and was appointed to the Board on 24 November 2009. John was previously Finance Officer at Doughty Hanson & Co Real Estate, and for ten years was Finance Director of Great Portland Estates plc. He is a Fellow of the Institute of Chartered Accountants and spent nine years with Ernst & Young, after qualifying with Spicer & Pegler. John gained his BA (Econ) (Hons) from the University of Manchester.

Thomas Thomson Aged: 59 Non-Executive Director	Thomas Thomson has a BA (Hons) in law from Kent University and qualified as a solicitor with Reynolds Porter Chamberlain in 1976. From 1979 to March 1994 he was a partner with Taylor Walton Solicitors. He was Company Secretary and solicitor to CLS from its inception in 1983 until 2001, initially as a partner in Taylor Walton and since 1994 as General Counsel to the Group. He became Vice Chairman and Acting Chief Executive on 5 October 2001, and became Chief Executive on 6 February 2004. On 1 January 2006 he retired as Chief Executive and became Non-Executive Vice Chairman and was appointed Company Secretary on 8 May 2008. He stepped down as Vice Chairman and Company Secretary on 24 November 2009.

Malcolm Cooper Aged: 51 Non-Executive Director	Malcolm Cooper is Group Tax & Treasury Director of National Grid plc where he has worked for various predecessor companies since 1991. Prior to that he worked for Andersen Consulting (now Accenture). He has a first in pure mathematics from Warwick University, is a qualified accountant and is a member of the Association of Corporate Treasurers. He joined the Board in May 2007 and chairs the Audit Committee. Malcolm is also the Company’s Senior Independent Director.

Joseph Crawley Aged: 50 Non-Executive Director	Joseph Crawley is Chief Executive of Kitewood Estates Ltd, a property investment and development company active in London and south-east England. Kitewood specialises in supplying residential property to housing associations and also has a commercial business which is developing a business park in Kent. Joseph has considerable experience, knowledge and contacts relating to the central London property market and has been active in property development in the area for over 20 years. He was previously employed by CLS from 1988 to 1991 when he was responsible for property development, including the development of the Spring Gardens site. He was also CLS' Development Director from 1995 to September 1999. He joined the Board of CLS in November 2008 and is a member of the Remuneration Committee.

Chris Jarvis Aged: 54 Non-Executive Director	Chris Jarvis FRICS is a Partner of Jarvis & Partners, a boutique real estate consultancy that he established in Berlin in 1994. Jarvis & Partners acquired a leading role in advising major tenants and owner occupiers in Germany with a client list including Linklaters, Clifford Chance and the European Central Bank. Jarvis & Partners' work has also involved advising a number of German and international equity investors on investment transactions in Europe. Prior to establishing Jarvis & Partners, Christopher worked for Richard Ellis for 13 years in London, and Germany from 1988 to 1994 as Managing Director of Richard Ellis Germany where he established the firm's Frankfurt and Berlin offices. He joined the Board of CLS in November 2008 and is a member of the Audit Committee.

Jennica Mortstedt Aged: 26 Non-Executive Director	Jennica Mortstedt, daughter of one of the founders of CLS, Bengt Mortstedt, was appointed to the Board of CLS on 11 May 2010. She has eight years' experience in the hotel industry and holds a degree in International Business and Hospitality from Ecole Hotèliere de Lausanne, Switzerland.