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The corporation is duetted in its day to day activities by Sandra Pautsky, President and <br />Chaziman of the Board. Sandra Pautsky has direct ownership or voting control of <br />71.30% of the company stock. The shazes of common stock owned by Ms. Pautsky <br />include; (i) 842,791 shazes owned by the Estate of Noel Pautsky, Deceased (the "Noel <br />Pautsky Estate"), of which Ms. Pautsky is the Independent Executrix, (u) 700,000 shares <br />owned by the Noel Pautsky Trust, of which Ms. Pautsky is the trustee and one of four <br />beneficiazies and (ui) 908,247 shares owned by the Flem Noel Pautsky, Jr. Trust, of <br />which Ms. Pautsky is the Trustee. Ms. Pautsky disclaims any beneficial ownership of the <br />shazes owned by the Noel Pautsky Estate and the Noel Pautsky Trust in excess of her <br />respective 25% beneficial interests therein. Ms. Pautsky also disclaims any beneficial <br />ownership of the shares owned by the Flem Noel Pautsky, Jr. Trust. The remaining stock <br />is owned by public shazeholders, none of which own 10% or more of the stock. No other <br />persons have the authority to directly or indirectly determine the manner in which OEI <br />conducts surface mining activities. <br />