Steven J. Fahey

Balanced Equity Management Pty Ltd. (BEM) is the Australian fund management subsidiary of Franklin Templeton Investments (Australia) Ltd., itself a subsidiary of Franklin Resources Inc. (NYSE: BEN) in the US. The firm was founded by Andrew Sisson in 1988 and is headquartered in Melbourne. BEM manages equity funds for wholesale clients.

Templeton Global Growth Fund Ltd. Is a closed-end investment fund, which investment objective is to achieve long term capital growth from a globally diversified portfolio of investment securities. It invest primarily in the international securities. The company was founded in May 1987 and is headquartered in Melbourne, Australia.