Polo Resources Limited

As of 31 January 2011, GCM held 74.8 million shares in Polo Resources Limited (Polo) representing 3.1% of Polo's issued share capital. Polo Resources Limited is a natural resources investment company focused on investing in undervalued companies and projects with strong fundamentals and attractive growth prospects. Polo is listed on the Toronto Stock Exchange and on AIM.

Polo owns 29.8% of the issued capital of GCM and Stephen Dattels, who is the Executive Chairman of Polo is a Non-Executive Director of GCM.