10MA Y 200804021111 The following chart illustrates the Companys current corporate structure Orbit Grant Drilling Inc Canada 4378792 Canada Inc Canada 91169300 Quebec Inc Quebec 100 100 40 100 997 Class A units 100 Class B units 03 Class A units 100 99 1 Usinage XSpec Inc Quebec Drift Exploration Drilling Inc Ne vada Drift De Me xico SA De CV Mexico F orage Orbit Inc Canada F o rage Orbit Garant sencOrbit Garant Drilling Qu e bec BUSINES S OF ORBIT GAR ANT Overview The Company is one of the largest Canadianbased mineral drilling companies providing both underground and surface drilling to major intermediate and junior mining companies through each stage of exploration development and production The Company provides two types of drilling services to mining companies through its 116 drills and approximately 500 employees underground drilling and surface drilling The Companys scope of operations and highly qualified workforce allow it to offer its customers specialized drilling services adapted for complex situations and rugged territory with approximately 60 of the Companys revenue for the twelve months ended March 31 2008 on a pro forma basis generated from specialized drilling operations The ability of the Company to offer specialized drilling has resulted in a more stable client and revenue base for the Company as alternate providers are not as readily available or adequately skilled Management believes the Company is the largest underground drilling company in Canada based upon the number of drills in operation and has a significant and growing market presence in surface drilling in Canada and internationally The Company services major mining companies such as Goldcorp Inc and Xstrata plc as well as intermediate mining companies such as AgnicoEagle Mines Limited FNX Mining Company Inc IAMGold Corporation and Northgate Minerals Corporation and junior mining companies such as Alexis Minerals Corporation and V irginia Mines Inc Underground drilling is typically undertaken at the production stage where it is required to delineate deposits and to assist the mine operator to identify where production efforts should be focused The Company derived approximately 413 million 54 of revenue from underground drilling for the twelve months ended March 31 2008 on a pro forma basis The Companys Canadian operations are located in Qu ebec and Ontario The Company has recently aggressively expanded its international operations and currently has drills operating in the United States Mexico and South America R evenue was approximately 209 million for the domestic surface drilling division and approximately 92 million for the international surface drilling division for the twelve months ended March 31 2008 on a pro forma basis Growth in each of these areas was driven both by organic growth and acquisitions 28