2) Shen Unter CNA

Approximate Number

Percentage of

of Shares Outstanding
_ Beneficially Owned Shares
Conwest Exploration Company Limited ................... - 550,100 10.0
Bell Asbestos Mines, Ltd. (a wholly-owned subsidiary of Turner &

NewalleJeimiteds) 5 Screener ge ee ae ete ee ee 1,287,124 23.4
INEwmonte Vinings Corporati onersse atari ere ee eer 728,610 13.2
IRNaybestos=Miamlia thers Cara cers ec re ite aie un aera 550,000 10.0
James Hardie Asbestos Ltd. ................. Sih Nie les Steen 687,210 12.5

Election of Directors

The board of directors consists of fourteen directors who are elected at the Annual Meeting to serve
until the next Annual Meeting or until their successors are elected or appointed. It is intended to vote the
proxies received pursuant to this solicitation for the election of the fourteen nominees who are listed below.
In the event that any vacancy occurs in the slate of nominees submitted herewith, which is not anticipated,
it is intended that the persons named in the accompanying instrument of proxy reserve the right to vote for
another person of their choice in place of the nominee who is unable to serve as a director. The names and
pertinent information with respect to each of the nominees for election as directors as reported by each are
shown below, including the year in which each nominee first became a director of the Company:

Principal Occupation

Proposed Nominees or Employment Director From
Ralph M. Bateman Chairman of Turner & Newall Lim- April 22, 1965
ited, a mining and manufacturing to December 16,
company. 1966 and from
June 22, 1967
John G. Berry General Manager of the Company. April 23, 1971
John D. Christian Chairman and President of the Com- May 6, 1963
pany.
Martin P. Connell, Assistant Treasurer of the Company, April 23, 1971

and Executive Vice-President, Con-
west Exploration Company Limited,
a mining exploration company.

J. Marcel Dorais President, Bell Asbestos Mines, Ltd., June 13, 1972
a mining company.
Charles R. Elliott Vice-President and Secretary of the July 11, 1951

Company, and President of Conwest
Exploration Company Limited.

E. J. Heath Chairman, James Hardie & Coy. Pty. September 21, 1971
Limited, a manufacturing company.

D. W. Hills Director, Turner & Newall Limited. April 23, 1971

Jan F. T. Kennedy Vice-President, Conwest Exploration April 23, 1971
Company Limited.

Plato Malozemoff Chairman and President, Newmont January 19, 1956
Mining Corporation, a mining com-
pany.

William S. Simpson Chairman, President and Chief Exe- April 23, 1971

cutive Officer, Raybestos-Manhattan
Inc., a manufacturing company.

F. Parker Smith Vice-Chairman, Bell Asbestos Mines, April 22, 1965
Ltd.

Peter Steen Executive Vice-President of the Com- April 12, 1973
pany.

Jack E. Thompson Executive Vice-President, Newmont April 12, 1973

Mining Corporation.

PacE EIGHT

Number of
Shares
Beneficially

Owned

1

701

2,783