<PAGE>
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13D
Under the Securities Exchange Act of 1934
(Amendment No. )
SCHLOTZSKY'S INC.
(Name of Issuer)
Common Stock, Par Value, $0.001 Per Share
(Title of Class of Securities)
806832101
(CUSIP Number)
Paul D. Downs, Esq.
Werbel & Carnelutti
A Professional Corporation
711 Fifth Avenue, New York, New York 10022, (212) 832-8300
(Name, Address and Telephone Number of Person Authorized
to Receive Notices and Communications)
August 7, 1997
(Date of Event which Requires Filing of this Statement)
If the filing person has previously filed a statement on Schedule 13G to
report the acquisition which is the subject of this Schedule 13D, and is
filing this schedule because of Rule 13-d-1(b)(3) or (4), check the following
box [ ].
Check the following box if a fee is being paid with the statement [ ]. (A fee
is not required only if the reporting person: (1) has a previous statement on
file reporting beneficial ownership of more than five percent of the class of
securities described in Item 1; and (2) has filed no amendment subsequent
thereto reporting beneficial ownership of five percent or less of such class.)
(See Rule 13d-7.)
Note: Six copies of this statement, including all exhibits, should be filed
with the Commission. See Rule 13d-1(a) for other parties to whom copies are
to be sent.
* The remainder of this cover page shall be filled out for a reporting
person's initial filing on this form with respect to the subject class of
securities, and for any subsequent amendment containing information which
would alter disclosures provided in a prior cover page.
The information required on the remainder of this cover page shall not be
deemed to be "filed" for the purposes of Section 18 of the Securities Exchange
Act of 1934 ("Act") or otherwise subject to the liabilities of that section of
the Act but shall be subject to all other provisions of the Act (however, see
the Notes).
Page 1 of 14 Pages
<PAGE>
<PAGE>
SCHEDULE 13D
- ------------------- -----------------
CUSIP No. 806832101 Page 2 of 15 Pages
- ------------------- -----------------
==============================================================================
1 NAME OF REPORTING PERSON - S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE
PERSON
NethCorp. Investments VI B.V.
- -----------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [X]
(b) [ ]
- -----------------------------------------------------------------------------
3 SEC USE ONLY
- -----------------------------------------------------------------------------
4 SOURCE OF FUNDS*
WC/OO
- -----------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEMS 2(d) or 2(E) [ ]
- -----------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
The Netherlands
- ------------------------------------------------------------------------------
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
- ------------------------------------------------------------------------------
7 SOLE VOTING POWER
0
- -----------------------------------------------------------------------------
8 SHARED VOTING POWER
362,442
- -----------------------------------------------------------------------------
9 SOLE DISPOSITIVE POWER
- -----------------------------------------------------------------------------
10 SHARED DISPOSITIVE POWER
362,442
- -----------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
362,442
- -----------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES* [ ]
- -----------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
4.957%
- -----------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON*
CO
==============================================================================
*SEE INSTRUCTIONS BELOW BEFORE FILLING OUT!
SEC 1746 (9-88)<PAGE>
<PAGE>
SCHEDULE 13D
- ------------------- -----------------
CUSIP No. 806832101 Page 3 of 15 Pages
- ------------------- -----------------
==============================================================================
1 NAME OF REPORTING PERSON - S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE
PERSON
CapCorp. Investments N.V.
- -----------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [X]
(b) [ ]
- ------------------------------------------------------------------------------
3 SEC USE ONLY
- -----------------------------------------------------------------------------
4 SOURCE OF FUNDS*
WC/OO
- -----------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEMS 2(d) or 2(E) [ ]
- -----------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
Netherlands, Antilles
- -----------------------------------------------------------------------------
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
- -----------------------------------------------------------------------------
7 SOLE VOTING POWER
0
- -----------------------------------------------------------------------------
8 SHARED VOTING POWER
50,000
- -----------------------------------------------------------------------------
9 SOLE DISPOSITIVE POWER
0
- -----------------------------------------------------------------------------
10 SHARED DISPOSITIVE POWER
50,000
- -----------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
50,000
- -----------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES* [ ]
- -----------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
0.683%
- -----------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON*
CO
==============================================================================
*SEE INSTRUCTIONS BELOW BEFORE FILLING OUT!
SEC 1746 (9-88)<PAGE>
<PAGE>
SCHEDULE 13D
- ------------------- -----------------
CUSIP No. 806832101 Page 4 of 15 Pages
- ------------------- -----------------
==============================================================================
1 NAME OF REPORTING PERSON - S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE
PERSON
NethCorp. Financial Advisors NV
- -----------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [X]
(b) [ ]
- -----------------------------------------------------------------------------
3 SEC USE ONLY
- -----------------------------------------------------------------------------
4 SOURCE OF FUNDS*
WC/OO
- -----------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEMS 2(d) or 2(E) [ ]
- -----------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
Netherlands, Antilles
- ------------------------------------------------------------------------------
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
- ------------------------------------------------------------------------------
7 SOLE VOTING POWER
0
- -----------------------------------------------------------------------------
8 SHARED VOTING POWER
50,000
- -----------------------------------------------------------------------------
9 SOLE DISPOSITIVE POWER
- -----------------------------------------------------------------------------
10 SHARED DISPOSITIVE POWER
50,000
- -----------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
50,000
- -----------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES* [ ]
- -----------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
0.683%
- -----------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON*
CO
==============================================================================
*SEE INSTRUCTIONS BELOW BEFORE FILLING OUT!
SEC 1746 (9-88)<PAGE>
<PAGE>
SCHEDULE 13D
- ------------------- -----------------
CUSIP No. 806832101 Page 5 of 15 Pages
- ------------------- -----------------
==============================================================================
1 NAME OF REPORTING PERSON - S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE
PERSON
Greenfield Management Services BV
- -----------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [X]
(b) [ ]
- ------------------------------------------------------------------------------
3 SEC USE ONLY
- -----------------------------------------------------------------------------
4 SOURCE OF FUNDS*
WC/OO
- -----------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEMS 2(d) or 2(E) [ ]
- -----------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
The Netherlands
- -----------------------------------------------------------------------------
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
- -----------------------------------------------------------------------------
7 SOLE VOTING POWER
0
- -----------------------------------------------------------------------------
8 SHARED VOTING POWER
412,442
- -----------------------------------------------------------------------------
9 SOLE DISPOSITIVE POWER
0
- -----------------------------------------------------------------------------
10 SHARED DISPOSITIVE POWER
412,442
- -----------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
412,442
- -----------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES* [ ]
- -----------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
5.641%
- -----------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON*
CO
==============================================================================
*SEE INSTRUCTIONS BELOW BEFORE FILLING OUT!
SEC 1746 (9-88)<PAGE>
<PAGE>
SCHEDULE 13D
- ------------------- -----------------
CUSIP No. 806832101 Page 6 of 15 Pages
- ------------------- -----------------
==============================================================================
1 NAME OF REPORTING PERSON - S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE
PERSON
CapCorp. Management Services NV
- -----------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [X]
(b) [ ]
- ------------------------------------------------------------------------------
3 SEC USE ONLY
- -----------------------------------------------------------------------------
4 SOURCE OF FUNDS*
WC/OO
- -----------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEMS 2(d) or 2(E) [ ]
- -----------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
Netherlands, Antilles
- -----------------------------------------------------------------------------
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
- -----------------------------------------------------------------------------
7 SOLE VOTING POWER
0
- -----------------------------------------------------------------------------
8 SHARED VOTING POWER
50,000
- -----------------------------------------------------------------------------
9 SOLE DISPOSITIVE POWER
0
- -----------------------------------------------------------------------------
10 SHARED DISPOSITIVE POWER
50,000
- -----------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
50,000
- -----------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES* [ ]
- -----------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
0.683%
- -----------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON*
IN
==============================================================================
*SEE INSTRUCTIONS BELOW BEFORE FILLING OUT!
SEC 1746 (9-88)<PAGE>
<PAGE>
SCHEDULE 13D
- ------------------- -----------------
CUSIP No. 806832101 Page 7 of 15 Pages
- ------------------- -----------------
==============================================================================
1 NAME OF REPORTING PERSON - S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE
PERSON
Floor Mouthaan
- -----------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [X]
(b) [ ]
- ------------------------------------------------------------------------------
3 SEC USE ONLY
- -----------------------------------------------------------------------------
4 SOURCE OF FUNDS*
WC/OO
- -----------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEMS 2(d) or 2(E) [ ]
- -----------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
The Netherlands
- -----------------------------------------------------------------------------
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
- -----------------------------------------------------------------------------
7 SOLE VOTING POWER
0
- -----------------------------------------------------------------------------
8 SHARED VOTING POWER
412,442
- -----------------------------------------------------------------------------
9 SOLE DISPOSITIVE POWER
0
- -----------------------------------------------------------------------------
10 SHARED DISPOSITIVE POWER
412,442
- -----------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
412,442
- -----------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES* [ ]
- -----------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
5.641%
- -----------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON*
IN
==============================================================================
*SEE INSTRUCTIONS BELOW BEFORE FILLING OUT!
SEC 1746 (9-88)
<PAGE>
<PAGE> Page 8 of 15 Pages
SCHEDULE 13D
Item 1. Security and Issuer
(a) Class of Securities: Common Stock, no par value,
("Common Stock")
(b) Issuer: Schlotskys' Inc. (the "Issuer")
200 West Fourth Street
Austin, Texas 78701
Item 2. Identity and Background
(a-c), (f). The persons (the "Reporting Persons") filing this statement
are CapCorp Investments N.V., a corporation organized and existing under the
laws of Netherlands Antilles ("CapCorp"). The principal address of CapCorp is
Scharlooweg 81, Willemstad, Curacao, Netherland Antilles.
Capcorp Management Services N.V., a corporation organized and existing
under the laws of Netherland Antilles ("CMS"). The principal address of CMS
is Scharlooweg 81, Willemstad, Curacao, Netherland Antilles.
NethCorp Financial Advisors N.V., a corporation organized and existing
under the laws of Netherlands Antilles ("NFA"). The principal address of NFA
is Scharlooweg 81, Willemstad, Curacao, Netherland Antilles.
NethCorp Investments VI B.V., a corporation organized and existing under
the laws of The Netherlands ("NethCorp"). The principal address of NethCorp is
Janskerkhof 12, 3512 BL Utrecht, The Netherlands.
Greenfield Management Services B.V., a corporation organized and existing
under the laws of The Netherlands ("Greenfield B.V."). The principal address
of Greenfield B.V. is Janskerkhof 12, 3512 BL Utrecht, The Netherlands.
Floor Mouthaan, an individual citizen of The Netherlands ("Mouthaan").
The principal business address of Mouthaan is Janskerkhof 12, 3512 BL Utrecht,
the Netherlands.
CapCorp, CMS, NFA, NethCorp, Greenfield and Mouthaan are primarily
engaged in the business of investing in securities. The manager of CapCorp is
CMS, and it's Investment Advisor is NFA. CapCorp is an affiliate of
Greenfield B.V., Greenfield B.V. is the Manager and Investment Advisor of
NethCorp. The Managing Partner of Greenfield B.V. is Mouthaan. Mouthaan is
also a managing director of NethCorp, and is in position to directly and
indirectly determine the investment and voting decisions made by Greenfield
B.V., CapCorp and NethCorp. As a result of such relationships, Mr. Mouthaan
could be deemed to be the beneficial owner of 412,442 shares of common stock
of the issuer. Greenfield B.V., as a result of its position as Manager and
Investment Advisor, and its affiliation with Mouthaan could be deemed the
beneficial owner of 412,442 shares of Common Stock of the Issuer.
<PAGE>
<PAGE> Page 9 of 15 Pages
Mr. Mouthaan and Greenfield B.V. disclaim beneficial ownership of such shares
and expressly declare that the filing of this schedule shall not be construed
as an admission that either is the beneficial owner of any of such shares.
The name, business address, present principal occupation or employment and
citizenship of each executive officer and director of CapCorp, CMS, NFA,
NethCorp and Greenfield B.V. is set forth on Exhibit A hereto which is
incorporated herein by reference.
The Reporting Persons may be deemed to be a "group" within the meaning of
Rule 13d-3 under the Securities Exchange Act of 1934 (the "Act").
(d,e). During the last five years, none of the Reporting Persons, nor
any of CapCorp, CMS, NFA, NethCorp and Greenfield B.V. executive officers or
directors have been convicted in a criminal proceeding (excluding traffic
violations or similar misdemeanors) or have been a party to a civil proceeding
of a judicial or administrative body of competent jurisdiction resulting in
its or his being subject to a judgment, decree or final order enjoining future
violation of, or prohibiting or mandating activities subject to, federal or
state securities laws or a finding of any violation with respect to such laws.
Item 3. Source and Amount of Funds of Other Consideration
The aggregate purchase prices of the shares of the Issuer's Common
Stock ("Shares") purchased by the Reporting Persons as reported in Item 5(c)
of this Schedule 13D were as follows:
Name of Aggregate
Reporting Person Purchase Price
NethCorp $ 2,199,990*
CapCorp $ 793,674
The Reporting Persons listed above purchased the Shares reported
herein as beneficially owned by them with working capital of NethCorp and
CapCorp or with funds extended by brokerage firms in connection with margin
transactions effected for NethCorp and CapCorp.
Item 4. Purpose of Transaction
The Reporting Persons purchased the Issuer's Common Stock for
investment purposes. The Reporting Persons currently have no plans or
proposals which would result in any of the actions described in clause (a)
through (j) of Item 4 of Rule 13d-101 of the Act.
<PAGE>
<PAGE> Page 10 of 15 Pages
Item 5. Interest in Securities of the Issuer
(a) Pursuant to the Company's 10-Q filed for the quarter ended
September 30, 1997 the outstanding shares of Common Stock as of November 1,
1997 was 7,310,624. Accordingly, the Reporting Persons, by virtue of the
language of Rule 13d-3(d)(1)(i), may be deemed to own beneficially in the
aggregate the number and percentage of the Issuer's Common Stock set forth
opposite their names below.
* On August 7, 1997, NethCorp received a total of 56,818 shares of the
Issuers Common Stock as a result, and in forgiveness of a defaulted loan in
the amount of $500,000 by and among NethCorp and John C. Wooley, and Jeffrey
J. Wooley, Trustees of the Wooley Trust.
<TABLE>
<CAPTION>
==============================================================================
Name Shares of Common Stock Percentage
- -----------------------------------------------------------------------------
<S> <C> <C>
CapCorp 50,000 0.683%
- -----------------------------------------------------------------------------
NethCorp 362,442 4.957%
- -----------------------------------------------------------------------------
NFA 50,000 0.683%
- -----------------------------------------------------------------------------
CMS 50,000 0.683%
- -----------------------------------------------------------------------------
Greenfield B.V. 412,442 5.641%
- -----------------------------------------------------------------------------
Mouthaan 412,442 5.641%
- -----------------------------------------------------------------------------
==============================================================================
</TABLE>
(b) Each of CapCorp, NethCorp, CMS, NFA, Greenfield B.V. and
Mouthaan has the sole or shared power to vote or to direct the vote and to
dispose or to direct the disposition of the Shares of which he or it is deemed
the beneficial owner.
(c) The following table sets forth the transactions effected by each
of the Reporting Persons listed in Item 5(a) during the past sixty days.
<PAGE>
<PAGE> Page 11 of 15 Pages
<TABLE>
<CAPTION>
Price per
Trade Share Greenfield
Date ($) CapCorp NethCorp CMS NFA BV Mouthaan
- -----------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C>
11/13/97 12.80 0 5,469 0 0 0 0
- ------------------------------------------------------------------------------
8/15/97 19.321 20,000 0 0 0 0 0
- ------------------------------------------------------------------------------
8/07/97 16.000 10,000 0 0 0 0 0
- -----------------------------------------------------------------------------
8/07/97 0(1) 0 44,643(1) 0 0 0 0
- -----------------------------------------------------------------------------
8/07/97 0(1) 0 12,175(1) 0 0 0 0
- -----------------------------------------------------------------------------
<FN>
- ------------
</TABLE>
(1) On August 7, 1997 Nethcorp received a total of 56,818 shares of the
Issuers Common Stock as a result, and in forgiveness of a defaulted
loan in the amount of $500,000 by and among NethCorp. and John C.
Wooley, and Jeffrey J. Wooley, Trustees of the Wooley Trust.
(d) To the best of Reporting Persons' knowledge, except as set forth
herein, no other person has the right to receive or the power to direct the
receipt of dividends from, or the proceeds from the sale of, any shares of
Common Stock which Reporting Persons may be deemed to own beneficially.
(e) Not applicable.
Item 6. Contracts, Arrangements, Understandings or Relationships with
Respect to Securities of Issuer
None.
Item 7. Material to be filed as Exhibits
Exhibit A -- Directors and Executive Officers of all Reporting
Persons
<PAGE>
<PAGE> Page 12 of 15 Pages
After reasonable inquiry and to the best of our knowledge and belief,
we certify that the information set forth in this statement is true, complete
and correct.
Dated: December 18, 1997
CAPCORP INVESTMENTS N.V.
By:
-----------------------------------
Name:
Title:
CAPCORP MANAGEMENT SERVICES NV
By:
----------------------------------
Name:
Title:
NETHCORP FINANCIAL ADVISORS N.V.
By:
-----------------------------------
Name: Floor Mouthaan
Title:
NETHCORP INVESTMENTS VI B.V.
By:
-----------------------------------
Name:
Title:
GREENFIELD MANAGEMENT SERVICES BV
By:
----------------------------------
Name: Floor Mouthaan
Title:
-----------------------------------
Floor Mouthaan
<PAGE>
<PAGE> Page 12 of 15 Pages
After reasonable inquiry and to the best of our knowledge and belief,
we certify that the information set forth in this statement is true, complete
and correct.
Dated: December 18, 1997
CAPCORP INVESTMENTS N.V.
By:
-----------------------------------
Name:
Title:
CAPCORP MANAGEMENT SERVICES NV
By:
----------------------------------
Name:
Title:
NETHCORP FINANCIAL ADVISORS N.V.
By: /s/ Floor Mouthaan
-----------------------------------
Name: Floor Mouthaan
Title:
NETHCORP INVESTMENTS VI B.V.
By:
-----------------------------------
Name:
Title:
GREENFIELD MANAGEMENT SERVICES BV
By: /s/ Floor Mouthaan
----------------------------------
Name: Floor Mouthaan
Title: Managing Director
/s/ Floor Mouthaan
-----------------------------------
Floor Mouthaan
<PAGE>
<PAGE> Page 13 of 15 Pages
EXHIBIT A
(i) DIRECTORS AND EXECUTIVE OFFICERS OF CAPCORP INVESTMENTS N.V.
The name and present principal occupation or employment of the
directors and executive officers of CapCorp Investments N.V. are set forth
below. The business address of each director and executive officer is
Scharlooweg 81, Willemstad, Curacao, Netherlands Antilles . All such persons
are citizens of The Netherlands.
Present Principal
Name Occupation or Employment
Mr. A.J. Mulder Director
- ---------------------- ---------------------------------
Mr. W.J. W.J. van Roijen Director
- ---------------------- ---------------------------------
Mr. F.K.A. de Haan Director
- ---------------------- ---------------------------------
(ii) DIRECTORS AND EXECUTIVE OFFICERS OF NETHCORP INVESTMENTS VI BV
The name and present principal occupation or employment of the
directors and executive officers of NethCorp Investments VI BV are set forth
below. The business address of each director and executive officer is
Janskerkhof 12, 3512 BL Utrecht, The Netherlands. Mr. Soubry is a citizen of
Belgium. All other persons are citizens of The Netherlands.
Present Principal
Name Occupation or Employment
Mr. J.A. Mulder Director
- ----------------------- ----------------------------------
Mr. J. van der Kuijl Director
- ----------------------- ----------------------------------
Mr. P. Soubry Director
- ----------------------- ----------------------------------
Mr. F. Collin Director
- ----------------------- ----------------------------------
<PAGE>
<PAGE> Page 14 of 15 Pages
(iii) DIRECTORS AND EXECUTIVE OFFICERS OF CAPCORP MANAGEMENT SERVICES N.V.
The name and present principal occupation or employment of the
directors and executive officers of CapCorp Management Services N.V. are set
forth below. The business address of each director and executive officer is
Scharlooweg 81, Willemstad, Curacao, Netherlands Antilles. Mr Moret is a
citizen of The Netherlands, and Mr. Vis is a citizen of the Netherlands
Antilles.
Present Principal
Name Occupation or Employment
Mr. E. Moret Director
- ---------------------- --------------------------------
Mr. B.A. Vis Director
- ---------------------- --------------------------------
(iv) DIRECTORS AND EXECUTIVE OFFICERS OF NETHCORP FINANCIAL ADVISORS N.V.
The name and present principal occupation or employment of the
directors and executive officers of NethCorp Financial Advisors N.V. are set
forth below. The business address of each director and executive officer is
Scharlooweg 81, Willemstad, Curacao, Netherlands Antilles. Mr. Mouthaan is a
citizen of The Netherlands, and Mr. Vis is a citizen of the Netherlands
Antilles.
Present Principal
Name Occupation or Employment
Mr. F. Mouthaan Director
- ---------------------- --------------------------------
Mr. B.A. Vis Director
- ---------------------- --------------------------------
(v) DIRECTORS AND EXECUTIVE OFFICERS OF GREENFIELD MANAGEMENT SERVICES
B.V.
The name and present principal occupation or employment of the
directors and executive officers of Greenfield Management Services B.V. are
set forth below.
<PAGE> Page 15 of 15 Pages
The business address of each director and executive officer is
Janskerkhof 12, 3512 BL Utrecht, The Netherlands. All such persons are
citizens of The Netherlands.
Present Principal
Name Occupation or Employment
Mr. F. Mouthaan Director
- ----------------------- ----------------------------------
Mr. M. Eijlenberg Director
- ----------------------- ----------------------------------
103661
