Dr. Franz Jurkowitsch is chairman, co-founder and co-owner of Warimpex Finanz- und Beteiligungs AG. Dr. Jurkowitsch has worked in real estate development and investment business in Hungary, the Czech Republic, Poland, Germany, France, Romania and Russia since 1985. He is chairman of the Supervisory Board of Vienna International Hotelmanagement AG (since May 1999) and chairman of the Supervisory Board of Sigmund-Freud-Privatstiftung (since October 2003). Mr. Jurkowitsch graduated from the University of Economics in Vienna. He also holds a doctorate from the University of Economics in Vienna (since 1971).