Thomas C. Leppert

Thomas C. Leppert is the Chairman of the Board and Chief Executive Officer of The Turner Corporation. The Turner Corporation, with revenues of $7.4 billion in 2005, is, through its subsidiaries, the leading general builder in the United States. Turner has 46 offices throughout the nation and ranks first or second in the major segments of the building construction field.

Before joining Turner, Mr. Leppert served as Trustee of the Estate of James Campbell. The Estate has over $2 billion in real estate assets, distributed broadly by both property type and geographic location throughout the United States. Activities of the Estate include land, community and project development.

Prior to assuming his Trustee position, he served as Vice Chairman of Pacific Century Financial Corporation and its primary subsidiary, the Bank of Hawaii. His responsibilities encompassed the organization's treasury and financial functions, strategic planning, the technology and information areas and the company's mainland operations. He was also Chairman and Chief Executive Officer of Pacific Century Bank and Pacific Century Leasing.

Other past positions include President and Chief Executive Officer of Castle & Cooke Properties, Inc., and President and Chief Executive Officer of Castle & Cooke Hawaii from 1989 to 1996. He also served as a Director of Castle & Cooke, Inc. Previously, he also was a National Partner with the Trammell Crow Company.

Mr. Leppert began his career with McKinsey & Co., an international general management consulting firm, and was later elected a Principal. With McKinsey, he developed and implemented major strategies for a wide range of clients. He specialized in the financial services industry and was heavily involved in institutional marketing and turnaround situations.

In 1984, he was appointed by President Reagan as a White House Fellow. Mr. Leppert was assigned both to the Department of the Treasury and the White House staff. In those roles, he focused primarily on banking, finance and international trade issues. As a Fellow, and in these assignments, he traveled throughout Europe and the Eastern Bloc countries of the Soviet Union, Poland and Hungary.

Mr. Leppert graduated cum laude with a B.A. in economics and accounting from Claremont McKenna College in 1977, where he served as the Student Body President in addition to other activities. He received his M.B.A. with distinction from Harvard Business School in 1979 and was selected by the faculty for membership in the prestigious "Century Club".

RE: THOMAS C. LEPPERT
CHAIRMAN & CHIEF EXECUTIVE OFFICER
THE TURNER CORPORATION

Mr. Leppert is on the Alumni Board of Directors at Harvard Business School, his graduate school alma mater, and the Board of Trustees of Claremont McKenna College, where he sits on the Executive Committee. Mr. Leppert is a member of the Board of Directors of Washington Mutual, Inc., serving on the Governance and Audit committees. Mr. Leppert is also a member of the Board of Directors for Leighton Holdings Ltd., the parent company of Australia's largest project development and contracting group, located in Sydney, Australia.

He has taken an active role in a variety of community activities, and assumed leadership roles in several organizations. He was Chairman of the Greater Dallas Chamber of Commerce in 2003 and currently serves on the organization's Executive Committee. He serves on the Boards of the Dallas Zoological Society, The Dallas Citizens Council, West Dallas Initiative, Children's Medical Center and the Willis M. Tate Distinguished Lecture Series at Southern Methodist University.

He sits on the Board of Directors of the U.S. Chamber of Commerce, the CEO Advisory Council of the U.S. Green Building Council (USGBC) and the Texas Environmental Research Consortium. He also serves as the Chairman of the Dallas Committee on Foreign Relations.

Previously, he served as the Chairman of both the Hawaii Business Roundtable, where he targeted and led a number of important initiatives in education, and the Bishop Museum, the leading natural history museum in the Pacific. He also served as Vice Chair of the University of Hawaii Foundation. His board participations have included the Nature Conservancy of Hawaii, Honolulu Symphony, Hawaii Chamber of Commerce and Kapiolani Health Foundation.

Mr. Leppert and his wife Laura live in Dallas and have a son Christian and twins, Catherine and Ryan.