Philip E. Beekman has been a director of the Company since 2003. Mr. Beekman has been President of Owl Hollow Enterprises, a consulting and investment company, for more than the past five years. From 1986 to 1994, Mr. Beekman was Chairman of the Board and Chief Executive Officer of Hook-SupeRx, Inc., from 1977 to 1986 he was President and Chief Operating Officer of Seagram Company Limited and from 1973 to 1976 he was President of Colgate Palmolive Co. International. Mr. Beekman’s term as a director of the Company expires in 2008. He is a member of the Audit and Compensation Committees.

Martha L. Byorum has served as a director of the Company since April 2007. Ms. Byorum is currently Senior Managing Director of Stephens Cori Capital Advisors, a division of Stephens, Inc., a private investment banking firm. From 2003 to 2004, Ms. Byorum served as Chief Executive Officer of Cori Investment Advisors, LLC, which was spun off from Violy, Byorum & Partners (“VB&P”) in 2003. VB&P was an independent strategic advisory and investment banking firm specializing in Latin America. Prior to co-founding VB&P in 1996, Ms. Byorum had a 24-year career at Citibank, where, among other things, she served as Chief of Staff and Chief Financial Officer for Citibank’s Latin American Banking Group from 1986-1990, overseeing $15 billion of loans and coordinating activities in 22 countries. She later was appointed the head of Citibank’s U.S. Corporate Banking Business and a member of the bank’s Operating Committee and Customer Group with global responsibilities. Ms. Byorum is a director of Aeterna-Zentaris Laboratories, Inc. and Northwest Natural Gas Company. Ms. Byorum’s term as a director of the Company expires in 2010.

Charles T. Dawson has served as a director of the Company since January 2007. Mr. Dawson was appointed President and Chief Executive Officer of the Company’s wholly owned subsidiary, Clarke American Corp. in April 2005 and currently serves in the same capacities at Harland Clarke Corp. His previous roles at Clarke American were Executive Vice President/General Manager of Partnership Development from February 2003 to April 2005 and Senior Vice President/General Manager of the National Account/Securities/Business Development divisions from July 2000 to February 2003. Mr. Dawson was the Chief Executive Officer of Rocky Mountain Bank Note prior to joining Clarke American in 1992. Mr. Dawson’s term as a director of the Company expires in 2009.

Viet D. Dinh has served as a director of the Company since April 2007. Mr. Dinh has been a Professor of Law at Georgetown University Law Center since 1996. Mr. Dinh served as an Assistant Attorney General for Legal Policy in the U.S. Department of Justice from 2001 to 2003. Mr. Dinh is a director of News Corporation. Mr. Dinh’s term as a director of the Company expires in 2008.

Jaymie A. Durnan has been a director of the Company since 1995. Mr. Durnan is currently a partner at Woodbury Hill Partners, a business advisory firm. Mr. Durnan was a partner in The Lehman Group, LLC, a business advisory firm, from 2004 through 2006. Mr. Durnan was the Special Assistant to the Secretary of Defense from 2003 to 2004 and the Special Assistant to the Deputy Secretary of Defense from 2001 to 2003. Prior to that, Mr. Durnan was a private equity investor with Radius Capital Partners, LLC, a venture capital firm. He was Senior Vice President of MacAndrews & Forbes Holdings Inc. and various affiliates from 1996 to 1999, Vice President of MacAndrews & Forbes and various affiliates from 1992 to 1996 and Special Counsel to the Chairman of MacAndrews & Forbes from 1992 to 1999. Mr. Durnan was an attorney with the law firm of Marks & Murase from 1990 to 1992 and a United States Navy officer from 1975 to 1990. Mr. Durnan’s term as a director of the Company expires in 2008. He is a member of the Nominating and Corporate Governance Committee.

Theo W. Folz has been a director of the Company since 1996. He served as the Company’s President and Chief Executive Officer from 1996 to 1999 and as Chairman of the Board from 1997 to 1999. Mr. Folz has been President and Chief Executive Officer of Consolidated Cigar Corporation and its successor company, Altadis U.S.A., a manufacturer of cigars, pipe tobacco and smokers’ accessories, since 1984. Mr. Folz’s term as a director of the Company expires in 2010. He is Chair of the Compensation Committee and a member of the Nominating and Corporate Governance Committee.

Paul M. Meister has been a director of the Company since 1995. Mr. Meister is Chairman of the Board of Thermo Fisher Scientific Inc. From March 2001 through 2006, Mr. Meister was Executive Vice President and Vice President and Vice Chairman of the Board of Fisher Scientific International, Inc. (scientific instruments, equipment and supplies) and was Executive Vice President, Vice Chairman and Chief Financial Officer of Fisher Scientific from March 1998 to March 2001. Mr. Meister was Senior Vice President-Chief Financial Officer of Fisher Scientific from 1991 to 1998 and Senior Vice President of Abex Inc. from 1990 to 1992. Mr. Meister is a director of Thermo Fisher Scientific, Inc. and LKQ Corporation. Mr. Meister’s term as a director of the Company expires in 2009. He is Chair of the Audit Committee.

Ronald O. Perelman has been a director of the Company since 1995 and was Chairman of the Board of the Company from 1995 to 1997. He again was named Chairman in September 2007. Mr. Perelman has been Chairman of the Board and Chief Executive Officer of MacAndrews & Forbes Holdings Inc., a diversified holding company, and various affiliates since 1980. Mr. Perelman is also Chairman of the Board of Revlon Consumer Products Corporation and Revlon, Inc. Mr. Perelman is a director (or member of the Board of Managers, as applicable) of Allied Security Holdings LLC, Revlon Consumer Products Corporation, Revlon, Inc. and Scientific Games Corporation. Mr. Perelman's term as a director of the Company expires in 2010.

Barry F. Schwartz has been a director of the Company since 2008. He has been Chief Executive Officer since January 2008, and previously was Acting Chief Executive Officer and General Counsel of the Company beginning September 2007 and prior thereto Executive Vice President and General Counsel of the Company since 1996. He is currently Executive Vice Chairman and Chief Administrative Officer of MacAndrews & Forbes Holdings Inc., and served as Executive Vice President and General Counsel of MacAndrews & Forbes and various affiliates from 1993 to 2007, and Senior Vice President from 1989 to 1993. Mr. Schwartz is also a director of Allied Security Holdings LLC, Revlon Consumer Products Corporation, Revlon, Inc., Scientific Games Corporation and Harland Clarke Holdings Corp. Mr. Schwartz's term as a director expires in 2009.

Bruce Slovin has been a director of the Company since 1995 and was an executive officer of MacAndrews & Forbes Holdings Inc. and various affiliates from 1980 to 2000. Mr. Slovin is a director of Cantel Industries and Daxor Corp. Mr. Slovin’s term as a director of the Company expires in 2010. He is Chair of the Nominating and Corporate Governance Committee and a member of the Compensation Committee.

Stephen G. Taub has been a director of the Company since 1998. Mr. Taub has been President and Chief Executive Officer of the Company’s wholly owned subsidiary, Mafco Worldwide Corporation, and its predecessors since 1999 and served as President and Chief Operating Officer of Mafco Worldwide from 1993 to 1999, and was Senior Vice President from 1987 to 1993, when his responsibilities included the manufacturing, botanical and spice operations of Mafco Worldwide, as well as product marketing to the confectionery and pharmaceutical industries in Western Europe. Mr. Taub joined Mafco Worldwide in 1975 as an Industrial Engineer and in 1982 became Vice President of Manufacturing. Mr. Taub’s term as a director of the Company expires in 2008.

Carl B. Webb has served as a director of the Company since January 2007. Mr. Webb has served as the interim President of Triad Financial Corporation since August 2005, and as a consultant to Hunter’s Glen Ford, Ltd., an investment partnership, since November 2002. Previously, Mr. Webb was the President, Chief Operating Officer and director of Golden State Bancorp Inc. and its subsidiary, California Federal Bank, FSB, from September 1994 to November 2002. Prior to his affiliation with California Federal Bank, FSB, Mr. Webb was the President and CEO of First Madison Bank, FSB (from 1993 to 1994) and First Gibraltar Bank, FSB (from 1988 to 1993), as well as President and Director of First National Bank at Lubbock (from 1983 to 1988). Mr. Webb is a director of Triad Financial Corporation, Plum Creek Timber Company, Inc. and Affordable Residential Communities. Mr. Webb’s term as a director of the Company expires in 2009. He is a member of the Audit Committee.