The interests of the Directors in the ordinary shares of Eurocastle as at 31 December 2011 were as follows:
31 December 2011
31 December 2010
Paolo Giorgio Bassi
41,800
40,800
Keith Dorrian
8,000
7,000
Wesley R. Edens
-
50,000
Randal A. Nardone*
20,000
20,000
Udo Scheffel
5,000
4,000
Peter Smith
-
-
Simon J. Thornton
5,000
4,000
* Randal A. Nardone is a member of Fortress Operating Entity II LP which is the registered holder of 1,005,000 shares and as a result of this relationship Randal A. Nardone is interested in the shares owned by this entity or in some of such shares. Randal A. Nardone participated in the first issuance of convertible securities during 2009. If his participation in the issuance were fully converted, he would hold an additional 14,136,213 shares.