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CONFIDENTIAL

Certified Public Accountant

Curriculum Vitae

CONTENTS PAGE

Personal Details 2

Professional Qualifications and Educational History 3

Employment History Summary 4

Detailed Employment History

Current Employment 5

Employment history - October 1990 - October 1999 7

Employment History - August 1988 to September 1990 8

Employment History - June 1981 to July 1988 9

Employment history - March 1974 - May 1981 10

September 2003
Timothy Luke Agius-Ferrante. FCCA, CPA.
Certified Public Accountant
Curriculum Vitae

PERSONAL DETAILS

Date of Birth: 08 March 1953

Status: Married since 1975
Two sons aged 23 and 20 years

Nationality: Maltese Citizen

Religion: Roman Catholic

Languages: English, Maltese - Fluent in speaking, reading and writing
Arabic - command of spoken Arabic only

Pastimes & interests: Reading, music, long distance radio reception, cooking

September 2003
Timothy Luke Agius-Ferrante. FCCA, CPA.
Certified Public Accountant
Curriculum Vitae

PROFESSIONAL QUALIFICATIONS AND EDUCATIONAL HISTORY

Professional qualification: Fellow of the Chartered Association of Certified Accountants (UK) - ACCA

Practising warrant: Certified Public Accountant - CPA issued by the Minister for Finance in Malta in accordance with the Accountancy Profession Act 1979

Educational institutions: Downside Abbey Public School, UK
St Edward's College, Malta
Services Children's School, Tal-Handaq, Malta

Academic Results: GCE (UK) advanced level - Chemistry
Physics

GCE (UK) ordinary level - Chemistry
Physics Applied maths
Pure maths
English language
English Literature
French
History
Latin

Computer experience: Experienced in Microsoft Office with particular attention to Excel spreadsheet solutions.

September 2003
Timothy Luke Agius-Ferrante. FCCA, CPA.
Certified Public Accountant
Curriculum Vitae

EMPLOYMENT HISTORY SUMMARY

* March 2000 to date Finance and Administration Manager
Quality Project Management Limited
Construction Industry - based in Tripoli

* October 1990 to October 1999 Group Financial Controller
Caruana Curran Group of Companies
Food importers and Ice Cream Manufacturing Industry

* August 1998 to September 1990 Financial Controller
Libyan - Maltese Company for Quarries and Building Materials - based in Tripoli

* June 1981 to July 1988 Audit Manager / Consultant
J. Zammit Tabona & Co. Certified Public Accountants and Auditors.

* March 1974 to May 1981 Assistant Accountant
Andrews Feeds (Malta) Limited
Animal Feed Provender Millers

September 2003
Timothy Luke Agius-Ferrante. FCCA, CPA.
Certified Public Accountant
Curriculum Vitae

CURRENT EMPLOYMENT - MARCH 2000 TO DATE

Employer: Quality Project Management Limited (a member of the Corinthia Group of Companies)

Project, Construction and Cost Management

Operation: Project, Construction and Cost Managers for the Corinthia Bab Africa Hotel in Tripoli Libya. A USD150 million deluxe hotel and commercial centre situated in the heart of Tripoli.

Position: Finance and Administration Manager - based in Tripoli, Libya.

Reporting to: The director of operations

Job description
Finance function: Overall Financial Management of the project handled through the following departments under my control and directly reporting to me:

* Finance department - preparation of bi-monthly analysed cost reports for presentation to the client. Comparison to budgets and preparation of variance analysis.
* Accounting department - responsible for the maintenance of the accounting records.
* Cost analysis department - responsible for analysing costs throughout the project on a zone by zone and level by level basis incorporating materials and labour costs.
* Cash department - responsible for all site cash expenditure
* Payroll department - responsible for preparation of payroll for 1,700 operatives on site.
* Stock control department - responsible for all on site stocks of raw materials.
* Capital asset department - responsible for all capital assets employed on the project including adequate insurance cover and regular maintenance thereof. Maintenance of asset registers.

September 2003

Timothy Luke Agius-Ferrante. FCCA, CPA.
Certified Public Accountant
Curriculum Vitae

CURRENT EMPLOYMENT - MARCH 2000 TO DATE (continued)

Administrative
Function: Overall administrative control over the whole project through the following departments directly reporting to me:

* Site security department
* Site safety and health department
* Logistics department - handling all manpower travel arrangements, on site accommodation, full canteen services serving in excess of 3000 meals daily, laundry services.
* Human resource department - responsible for all aspects of HR management including time allocation analysis for cost control purposes.

September 2003

Timothy Luke Agius-Ferrante. FCCA, CPA.
Certified Public Accountant
Curriculum Vitae

EMPLOYMENT HISTORY - OCTOBER 1990 TO OCTOBER 1999

Employer: Caruana Curran Group of Companies, Malta

Operations: Manufacturers of Ice Cream and Meat products, Importers of fine and quality frozen foodstuffs and Cold Storage operators.

Position: Group Financial Controller

Reporting to: Chairman and Managing Director.

Job description: Overall financial management of the group including:

* Preparation of annual financial statements in accordance with local laws and International accounting standards.

* Preparation of monthly management accounts by activity, including consolidation of the report.

* Preparation of feasibility reports, profit forecasts, cashflow projections, financial and productivity reports and budgeting.

* Implementation of a management information system.

* Investigations, preparation and implementation of effective cost reduction schemes.

* Preparation of capital restructures schemes.

* Asset management.

* Loan capital financing for diversification of companies¡¦ activities.

September 2003
Timothy Luke Agius-Ferrante. FCCA, CPA.
Certified Public Accountant
Curriculum Vitae

EMPLOYMENT HISTORY - AUGUST 1988 TO SEPTEMBER 1990

Employer: The Libyan- Maltese Company for Quarries and Building Materials - Tripoli Libya

Operations: Operators of hardstone aggregate producing quarries and terrazzo tile manufacturing plants.

Position: Financial Controller

Reporting to: Chairman and board of directors

Job description: Overall financial management of the company including:

* Preparation of annual financial statements in accordance with local laws and International accounting standards.

* Preparation of quarterly management accounts.

* Preparation of feasibility reports, profit forecasts, cashflow projections, financial and productivity reports and budgeting.

* Investigations, preparation and implementation of effective cost reduction schemes.

* Preparation of capital restructuring scheme.

September 2003

Timothy Luke Agius-Ferrante. FCCA, CPA.
Certified Public Accountant
Curriculum Vitae

EMPLOYMENT HISTORY - JUNE 1981 TO JULY 1988

Employer: J. Zammit Tabona & Co. Certified Public Accountants and Auditors. (Today PriceWaterhouseCoopers)

Operations: Certified Public Accountants and Auditors and Management Consultants

Position: Audit manager / Consultant

Reporting to: Partners in charge of job

Job Description: General auditing of wide variety of industrial and commercial enterprises.

* Preparation and interpretation of management accounts.
* Design and implementation of stock control systems.
* Budgeting, cashflow projections, profit and loss forecasts and management reports.
* Preparation of consolidated financial statements.
* Tax planning.
* Preparation of liquidation accounts.
* Preparation and implementation of cost reduction schemes.
* Preparation of capital restructuring schemes.

September 2003
Timothy Luke Agius-Ferrante. FCCA, CPA.
Certified Public Accountant
Curriculum Vitae

EMPLOYMENT HISTORY - MARCH 1974 TO MAY 1981

Employer: Andrews Feeds (Malta) Limited.

Operations: Provender Millers - balanced animal feeds.

Position: Assistant Accountant.

Reporting to: Financial Controller.

Overseas duty: 2 years at head office in Northern Ireland.

Job description: All aspects from basic accounting and bookkeeping through to the preparation of monthly management accounts. Duties included stock control, budgeting and variance analysis.

September 2003

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