Investors

European Directories s.a. (“EDSA”) was formed in July 2005 following the buyout of the Yellow Brick Road businesses by a consortium led by the Macquarie Capital Alliance Group together with Caisse de Depot et Placement du Quebec and Nikko Principal Investments Ltd. In November 2005 EDSA purchased the directory assets of TDC Forlag and integrated them in to the group.

Macquarie Private Equity

Macquarie has an established track record investing in private equity and has extended its specialist investment funds model into private equity. As Macquarie has expanded its investment activities into other sectors, it has applied the established strategy of identifying businesses supported by fundamental value, sustainable market positions and strong growth potential. In addition, Macquarie is able to leverage the Macquarie Capital Funds best-practice approach to managing portfolio companies, which is currently being applied to over 100 assets and businesses. There are two Macquarie-managed specialist investment funds invested in European Directories:

Macquarie Global Opportunities Partners (MGOP)

Macquarie Global Opportunities Partners (MGOP) was established in 2007 as a private equity fund investing in a diversified portfolio of businesses that have privileged cash flows and where active management will enhance value. MGOP’s primary focus is European / North American buyout and growth capital, and precludes early stage and start-up investments.

Macquarie Advanced Investment Group (MAIG)

The Macquarie Advanced Investment Group (MAIG) is a closed end fund with investments across a range of industry sectors globally in its own right, and as a co-investor alongside Macquarie Group and/or its clients. MAIG focuses on businesses with privileged market positions and strong growth prospects. It typically looks to hold businesses for the medium term and targets private equity style returns.

http://www.macquarie.com.au/au/corporations/sfpc/private-equity-funds/overview.htm

Caisse de dépôt et placement du Québec

The Caisse de dépôt et placement du Québec ("Caisse") manages funds primarily for public and private pension and insurance plans. As at December 31, 2005, it held $122 billion of net assets making it one of Canada's largest financial institutions. Caisse invests in the main financial markets as well as in private equity and real estate.

www.lacaisse.com

Citigroup Capital UK

Nikko Principal Investments Limited ("NPIL") was established in the United Kingdom in 1997. NPIL was acquired by Citi as part of the Nikko acquisition in May 2007. NPIL conducts principal investment business (medium to long-term investment utilising its own capital) in the European market.