Polydex Phamaceuticals Limited
Board of Directors

MR. GEORGE USHER
Chairman, President and CEO

Educated at Malvern College and the University of Guelph, Ontario, where he obtained an Honours degree, Mr. Usher joined the Company from university in 1982. He held several positions in production and management before becoming President for Canadian Operations in 1986. He was elected to serve on the board of Polydex in 1988, becoming President in 1993, CEO in 1996 and Chairman in 1998.

MR. JOSEPH BUCHMAN
Director

Mr. Buchman has been a director since 1983 and is presently Senior Account Executive for Metropolitan Life Insurance Company in New York.

MR. DEREK LEDERER C.A.
Director

Mr. Lederer is principal of Derek Lederer, C.A. - a public accounting firm, since 1970.

MR. JOHN L.E. SEIDLER
Director

Mr. Seidler earned his BA from Leeds University in England and his MBA from the University of Western Ontario. A senior management veteran with 30 years' experience at three of the top Fortune 100 companies, Mr. Seidler has particular management expertise in the pharmaceutical field having served as Director of International Public Affairs for the Pfizer Pharmaceuticals Group and as Vice President International for Janssen Pharmaceutical, a Johnson and Johnson company. He is currently Senior Account Executive, Free & Clear Inc., the leading behavior based smoking cessation program in the U.S.