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• 2.03.4(3)(a-c) Persons who own or control Bowie Resources, LLC <br />A list of the directors and offices of Bowie Resources, LLC is presented on <br />page 2.03-23. <br />Bowie Resources, LLC is owned by Sentient Coal Resources, LLC (45%) <br />and Colorado Energy Investments, LLC (55%). <br />Sentient Coal Resources, LLC is owned by Sentient Resources USA, Inc. <br />(94.5%) and Babcock & Brown Investment Partners, LP, 5.5%. <br />Colorado Energy Investments, LLC is a Kentucky LLC with 33 members. <br />One of the members, LarryAddingtonowns 28%of the membership interest. <br />None of the other members own more than 10% of the membership interest. <br />2.03.4(3)(a-c) <br />Persons who own or control Sentient Coal Resources, LLC and Sentient <br />Resources USA, Inc. are presented beginning on page 2.03-28. <br />The Corporate Structure is shown on page 36. <br />SO-2 <br />2.03.2 <br />09/04 <br />/~ ppRo vE ~ <br />Y/a.s'~v y <br />