NAME: Stephen H. Lockwood

YEAR APPOINTED: 2005

INDEPENDENT MEMBER: No

MULLEN BOARD COMMITTEES: No

BUSINESS EXPERIENCE:

• Appointed President and Co-Chief Executive Officer, Mullen Group Income Fund in September, 2004
• President of Producers Oilfield Services Inc., 2 years.
• 1988 - 2004 Partner, Carscallen Lockwood LLP, a Calgary law firm he co-founded
• Bachelors of Law degree - University of Calgary (1981)
• Bachelor of Commerce degree - University of Alberta (1978)

OTHER DIRECTORSHIPS PRESENTLY HELD:

• Dominion Equities Resource Fund