<PAGE>
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
SCHEDULE 13D
UNDER THE SECURITIES AND EXCHANGE ACT OF 1934
(AMENDMENT NO. 1)*
AHL SERVICES, INC.
- --------------------------------------------------------------------------------
(Name of Issuer)
Common Stock ($.01 par value)
- --------------------------------------------------------------------------------
(Title of Class of Securities)
001296 10 2
- --------------------------------------------------------------------------------
(CUSIP Number)
Mr. Graeme P. Denison
Caledonia Investments plc
Cayzer House
1 Thomas More Street
London E1 9AR
44-0171-481-4343
- --------------------------------------------------------------------------------
(Name, Address and Telephone Number of Person
Authorized to Receive Notices and Communications)
November 4, 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 13d-1(b) (3) or (4), check the following box [__].
*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 purpose of Section 18 of the Securities Exchange 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
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SCHEDULE 13D
- ----------------------------------------
CUSIP NO. 001296 10 2
- ----------------------------------------
- --------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S IDENTIFICATION NO. OF ABOVE PERSON
Caledonia Investments (Bermuda) Limited
- --------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See Instructions)
(a) [__] (b) [__]
- --------------------------------------------------------------------------------
3 SEC USE ONLY
- --------------------------------------------------------------------------------
4 SOURCE OF FUNDS (See Instructions)
WC
- --------------------------------------------------------------------------------
5 CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO
ITEMS 2(d) OR 2(e) [__]
- --------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
Bermuda
- --------------------------------------------------------------------------------
NUMBER OF SOLE VOTING POWER
7 -0-
SHARES
BENEFICIALLY SHARED VOTING POWER
8 1,102,000
OWNED BY
EACH SOLE DISPOSITIVE POWER
9 -0-
REPORTING
PERSON
WITH SHARED DISPOSITIVE POWER
10 1,102,000
- --------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,102,000
- ----------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
(See Instructions) [__]
- --------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
8.13%
- --------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON (See Instructions)
CO
- --------------------------------------------------------------------------------
SEE INSTRUCTIONS BEFORE FILLING OUT!
INCLUDING BOTH SIDES OF THE COVER PAGE, RESPONSES TO ITEMS 1-7
(INCLUDING EXHIBITS) OF THE SCHEDULE, AND THE SIGNATURE ATTESTATION.
Page 2 of 14 Pages
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SCHEDULE 13D
- ----------------------------------------
CUSIP NO. 001296 10 2
- ----------------------------------------
- --------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S IDENTIFICATION NO. OF ABOVE PERSON
Caledonia Industrial & Services Limited
- --------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See Instructions)
(a) [__] (b) [__]
- --------------------------------------------------------------------------------
3 SEC USE ONLY
- --------------------------------------------------------------------------------
4 SOURCE OF FUNDS (See Instructions)
Not Applicable
- -----------------------------------------------------------------------
5 CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO
ITEMS 2(d) OR 2(e) [__]
- --------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
England
- --------------------------------------------------------------------------------
NUMBER OF SOLE VOTING POWER
7 -0-
SHARES
BENEFICIALLY SHARED VOTING POWER
8 1,102,000
OWNED BY
EACH SOLE DISPOSITIVE POWER
9 -0-
REPORTING
PERSON
WITH SHARED DISPOSITIVE POWER
10 1,102,000
- --------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,102,000
- ----------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
(See Instructions) [__]
- --------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
8.13%
- --------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON (See Instructions)
CO
- --------------------------------------------------------------------------------
SEE INSTRUCTIONS BEFORE FILLING OUT!
INCLUDING BOTH SIDES OF THE COVER PAGE, RESPONSES TO ITEMS 1-7
(INCLUDING EXHIBITS) OF THE SCHEDULE, AND THE SIGNATURE ATTESTATION.
Page 3 of 14 Pages
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SCHEDULE 13D
- ----------------------------------------
CUSIP NO. 001296 10 2
- ----------------------------------------
- --------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S IDENTIFICATION NO. OF ABOVE PERSON
Caledonia Investments plc
- --------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See Instructions)
(a) [__] (b) [__]
- --------------------------------------------------------------------------------
3 SEC USE ONLY
- --------------------------------------------------------------------------------
4 SOURCE OF FUNDS (See Instructions)
Not Applicable
- -----------------------------------------------------------------------
5 CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO
ITEMS 2(d) OR 2(e) [__]
- --------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
England
- --------------------------------------------------------------------------------
NUMBER OF SOLE VOTING POWER
7 -0-
SHARES
BENEFICIALLY SHARED VOTING POWER
8 1,102,000
OWNED BY
EACH SOLE DISPOSITIVE POWER
9 -0-
REPORTING
PERSON
WITH SHARED DISPOSITIVE POWER
10 1,102,000
- --------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,102,000
- ----------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
(See Instructions) [__]
- --------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
8.13%
- --------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON (See Instructions)
CO
- --------------------------------------------------------------------------------
SEE INSTRUCTIONS BEFORE FILLING OUT!
INCLUDING BOTH SIDES OF THE COVER PAGE, RESPONSES TO ITEMS 1-7
(INCLUDING EXHIBITS) OF THE SCHEDULE, AND THE SIGNATURE ATTESTATION.
Page 4 of 14 Pages
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SCHEDULE 13D
- ----------------------------------------
CUSIP NO. 001296 10 2
- ----------------------------------------
- --------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S IDENTIFICATION NO. OF ABOVE PERSON
The Cayzer Trust Company Limited
- --------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See Instructions)
(a) [__] (b) [__]
- --------------------------------------------------------------------------------
3 SEC USE ONLY
- --------------------------------------------------------------------------------
4 SOURCE OF FUNDS (See Instructions)
Not Applicable
- -----------------------------------------------------------------------
5 CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO
ITEMS 2(d) OR 2(e) [__]
- --------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
England
- --------------------------------------------------------------------------------
NUMBER OF SOLE VOTING POWER
7 -0-
SHARES
BENEFICIALLY SHARED VOTING POWER
8 1,102,000
OWNED BY
EACH SOLE DISPOSITIVE POWER
9 -0-
REPORTING
PERSON
WITH SHARED DISPOSITIVE POWER
10 1,102,000
- --------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,102,000
- ----------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
(See Instructions) [__]
- --------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
8.13%
- --------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON (See Instructions)
CO
- --------------------------------------------------------------------------------
SEE INSTRUCTIONS BEFORE FILLING OUT!
INCLUDING BOTH SIDES OF THE COVER PAGE, RESPONSES TO ITEMS 1-7
(INCLUDING EXHIBITS) OF THE SCHEDULE, AND THE SIGNATURE ATTESTATION.
Page 5 of 14 Pages
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SCHEDULE 13D
- ----------------------------------------
CUSIP NO. 001296 10 2
- ----------------------------------------
- --------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S IDENTIFICATION NO. OF ABOVE PERSON
Sterling Industries PLC
- --------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See Instructions)
(a) [__] (b) [__]
- --------------------------------------------------------------------------------
3 SEC USE ONLY
- --------------------------------------------------------------------------------
4 SOURCE OF FUNDS (See Instructions)
Not Applicable
- -----------------------------------------------------------------------
5 CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO
ITEMS 2(d) OR 2(e) [__]
- --------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
England
- --------------------------------------------------------------------------------
NUMBER OF SOLE VOTING POWER
7 -0-
SHARES
BENEFICIALLY SHARED VOTING POWER
8 1,102,000
OWNED BY
EACH SOLE DISPOSITIVE POWER
9 -0-
REPORTING
PERSON
WITH SHARED DISPOSITIVE POWER
10 1,102,000
- --------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,102,000
- ----------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
(See Instructions) [__]
- --------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
8.13%
- --------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON (See Instructions)
CO
- --------------------------------------------------------------------------------
SEE INSTRUCTIONS BEFORE FILLING OUT!
INCLUDING BOTH SIDES OF THE COVER PAGE, RESPONSES TO ITEMS 1-7
(INCLUDING EXHIBITS) OF THE SCHEDULE, AND THE SIGNATURE ATTESTATION.
Page 6 of 14 Pages
<PAGE>
SCHEDULE 13D
UNDER THE
SECURITIES EXCHANGE ACT OF 1934
INTRODUCTION
On May 1, 1997, Caledonia Investments (Bermuda) Limited ("Cal Bermuda") and
certain affiliated entities filed a statement on Schedule 13D (the "Statement")
in connection with an investment by Cal Bermuda in the common stock of AHL
Services, Inc. (the "Issuer"). Subsequently, Cal Bermuda acquired in an open
market transaction an additional 2,000 shares of the common stock of the Issuer.
On November 4, 1997, Cal Bermuda purchased from the Issuer 250,000 shares of the
Issuer's Common Stock ($.01 par value). Accordingly, Cal Bermuda and the other
"Reporting Persons" (as defined below) hereby amend, restate and supplement the
Statement previously filed by the Reporting Persons with respect to the Issuer.
ITEM 1. SECURITY AND ISSUER.
This Amendment to the Statement relates to the Common Stock ($.01 par
value) ("Common Stock") of AHL Services, Inc. (the "Issuer"). The principal
executive offices of the Issuer are located at 3353 Peachtree Road NE, Suite
1120, North Tower, Atlanta, GA 30326.
ITEM 2. IDENTITY AND BACKGROUND.
The persons filing this Statement (the "Reporting Persons"), the persons
enumerated in Instruction C of Schedule 13D (the "Additional Persons") and,
where applicable, their respective places of organization, directors, executive
officers and controlling persons, and the information in respect of such
persons, are as follows:
(a) This Amendment to the Statement is filed by (i) Caledonia Investments
(Bermuda) Limited ("Cal Bermuda") as the direct beneficial owner of the Stock;
(ii) Caledonia Industrial & Services Limited ("CIS"), as the holder of all of
the outstanding capital stocks of Cal Bermuda; by virtue of its direct holding
of all of the outstanding stock of CIS and its consequent indirect holding of
all the outstanding stock of Cal Bermuda, by Caledonia Investments plc
("Caledonia"); by virtue of their respective direct holdings of the securities
of Caledonia and their consequent indirect holdings of the stock of CIS and Cal
Bermuda, by The Cayzer Trust Company Ltd. ("Cayzer Trust") and Sterling
Industries PLC ("Sterling") (collectively, the "Reporting Persons").
Cal Bermuda is the registered and direct beneficial holder of approximately
8.13% of the outstanding common stock of the Issuer. CIS is the holder of all
of the outstanding stock of Cal Bermuda. Caledonia is the holder of all of the
outstanding common stock of CIS. Cayzer Trust holds 27.2% of the outstanding
common stock of Caledonia and 45.4% of the outstanding common stock of Sterling.
Sterling holds 9.7% of the outstanding common stock of Caledonia. CIS, in turn,
holds 27.2% of the outstanding common stock of Sterling. Together, Cayzer Trust
and Sterling may be deemed to control Caledonia and, hence, CIS and Cal
Bermuda. Cayzer Trust and Sterling disclaim beneficial ownership of Cal
Bermuda, Caledonia or CIS.
(b) The principal business address of Cal Bermuda is Cedar House, 42 Cedar
Avenue, Hamilton HM12, Bermuda. The principal business address of each other
Reporting Person (other than Sterling) is Cayzer House, 1 Thomas More Street,
London, England E1 9AR. The principal business address of Sterling is Sterling
House, Crewkerne, Somerset, England TA18 8LL. The addresses of the officers and
directors of the Reporting Persons are set forth on Schedule A hereto and
incorporated herein by reference.
Cal Bermuda is an investment holding company.
CIS is an investment holding company.
Page 7 of 14 Pages
<PAGE>
Caledonia is a diversified trading and investment company.
Cayzer Trust is an investment holding company.
Sterling is an engineering company.
(c) Certain additional information about the officers and directors of the
Reporting Persons is set forth on Schedule A hereto and incorporated herein by
reference.
(d) During the last five years, neither any Reporting Person nor, to any
Reporting Person's knowledge, any of the Additional Persons, have been convicted
in a criminal proceeding (excluding traffic violations or similar misdemeanors).
(e) During the last five years, neither any Reporting Person nor to any
Reporting Persons' knowledge, any of the Additional Persons, were a party to a
civil proceeding of a judicial or administrative body of competent jurisdiction
and as a result of such proceeding was or is subject to a judgment, decree or
final order enjoining future violations of, or prohibiting or mandating
activities subject to, federal or laws or finding any violation with respect to
such laws.
(f) Each Reporting Person (other than Cal Bermuda) is a corporation
organized under the laws of England. Cal Bermuda is a corporation organized
under the laws of Bermuda. Each of the Additional Persons is a citizen of Great
Britain, except for T. Amissah-Furbert and A. S. Morris who are citizens of
Ghana and Bermuda, respectively.
ITEM 3. SOURCE AND AMOUNT OF FUNDS OR OTHER CONSIDERATION.
850,000 shares of the Common Stock were acquired by Cal Bermuda directly
from the Issuer on April 2, 1997 upon delivery of shares in the initial public
offering of the Issuer utilizing existing cash resources of Cal Bermuda, 2,000
shares were acquired in the market by Cal Bermuda on October 13, 1997 and
250,000 shares were acquired in a public offering by the Company completed on
November 4, 1997
ITEM 4. PURPOSE OF TRANSACTION.
The purpose of the acquisition of the Common Stock by Cal Bermuda is to
acquire and maintain an equity interest in the Issuer for investment purposes.
Any Reporting Person may, from time to time, increase, reduce or dispose of its
investment in the Issuer, depending on general economic conditions, economic
conditions in the markets in which the Issuer operates, the market price of the
Common Stock of the Issuer, the availability of funds, borrowing costs, other
opportunities available to the Reporting Person, the strategic value of the
investment to the Reporting Person and other considerations.
ITEM 5. INTEREST IN SECURITIES OF THE ISSUER.
(a) Cal Bermuda is the direct beneficial owner of the following shares of
Common Stock:
1,102,000
This holding represents 8.13% of the total of 13,553,430, the amount
currently outstanding according to the Registration Statement of the Issuer on
Form S-1 filed under Number 333-37327. By virtue of the relationships described
in Item 2, the other Reporting Persons may be deemed to share indirect
beneficial ownership of the shares of Common Stock owned directly by Cal
Bermuda. Cayzer Trust and Sterling disclaim all such beneficial ownership.
(b) Cal Bermuda has the direct power to vote and direct the disposition of
the shares of Common Stock owned by it.
Page 8 of 14 Pages
<PAGE>
(c) There have been no transactions in shares of Common Stock by any
Reporting Person other than as disclosed under Item 3 above.
(d) Cal Bermuda has the right to receive and the power to direct receipt
of dividends from the sale of, shares of Common Stock held by it.
(e) Not applicable.
ITEM 6. CONTRACTS, ARRANGEMENTS, UNDERSTANDINGS OR RELATIONSHIPS WITH RESPECT
TO SECURITIES OF THE ISSUER.
None
ITEM 7. MATERIAL TO BE FILED AS EXHIBITS.
None.
Page 9 of 14 Pages
<PAGE>
SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I
certify that the information set forth in this Statement is true, complete and
correct.
November 7, 1997 CALEDONIA INVESTMENTS (BERMUDA) LIMITED
/s/ SIR DAVID KINLOCH
By: _____________________________________________
Name: SIR DAVID KINLOCH
Title: DIRECTOR
November 7, 1997 CALEDONIA INDUSTRIAL & SERVICES LIMITED
/s/ P. N. BUCKLEY
By: _____________________________________________
Name: P. N. BUCKLEY
Title: DIRECTOR
November 7, 1997 CALEDONIA INVESTMENTS PLC
/s/ P. N. BUCKLEY
By: _____________________________________________
Name: P. N. BUCKLEY
Title: DIRECTOR
November 7, 1997 THE CAYZER TRUST COMPANY LIMITED
/s/ J. I. MEHRTENS
By: _____________________________________________
Name: J. I. MEHRTENS
Title: DIRECTOR
November 7, 1997 STERLING INDUSTRIES PLC
/s/ P. N. BUCKLEY
By: _____________________________________________
Name: P. N. BUCKLEY
Title: DIRECTOR
Page 10 of 14 Pages
<PAGE>
SCHEDULE A
TO SCHEDULE 13D
(i) DIRECTORS AND EXECUTIVE OFFICERS OF CALEDONIA INVESTMENTS (BERMUDA) LIMITED
<TABLE>
<CAPTION>
(a) NAME (b) RESIDENCE (c) PRINCIPAL (d) CITIZENSHIP
OCCUPATION
<S> <C> <C> <C>
P. Bubenzer Cedar House Lawyer British
41 Cedar Avenue
Hamilton HM 12
Bermuda
M.J. Spurling 2217 Jardine House Lawyer British
1 Connaught Place
Central
Hong Kong
Sir David Kinloch 29 Walpole Street Deputy Chief Executive British
London, SW3 4QS Caledonia Investments plc
England
M. Thornhill 9, Kellett View Lawyer British
65-69 Mt. Kellett Road
The Peak
Hong Kong
J.M. Keyes Cedar House Lawyer British
41 Cedar Avenue
Hamilton HM 12
Bermuda
T. Amissah- Cedar House Lawyer Ghanaian
Furbert 41 Cedar Avenue
Hamilton HM 12
Bermuda
A.S. Morris Cedar House Lawyer Bermudan
41 Cedar Avenue
Hamilton HM 12
Bermuda
Mrs. R. Johnson Cedar House Company Secretary British
41 Cedar Avenue
Hamilton HM 12
Bermuda
</TABLE>
(ii) DIRECTORS AND EXECUTIVE OFFICERS OF CALEDONIA INDUSTRIAL & SERVICES LIMITED
<TABLE>
<CAPTION>
(a) NAME (b) RESIDENCE (c) PRINCIPAL (d) CITIZENSHIP
OCCUPATION
<S> <C> <C> <C>
P N Buckley 6 Albert Place Chairman & British
London, W8 5PD Chief Executive,
England Caledonia Investments plc
</TABLE>
Page 11 of 14 Pages
<PAGE>
<TABLE>
<CAPTION>
<S> <C> <C> <C>
J H Cartwright Rectory Meadow Finance Director, British
Hawthorn Place Caledonia Investments plc
Penn,
Buckinghamshire
HP10 8EH, England
Hon C W Cayzer Finstock Manor Executive British
Finstock Director,
Oxfordshire, OX73DG Caledonia Investments plc
England
G P Denison 16 Highfield Road Company British
Hertford Secretary,
Hertfordshire Caledonia Investments plc
SG13 8BH
England
Sir David Kinloch (see above)
M G Wyatt Pippin Park Deputy British
Lidgate, Newmarket Chairman,
Suffolk, CB8 9PP Caledonia Investments plc
England
</TABLE>
(iii) DIRECTORS AND OFFICERS OF THE CAYZER TRUST COMPANY LIMITED
<TABLE>
<CAPTION>
(a) NAME (b) RESIDENCE (c) PRINCIPAL (d) CITIZENSHIP
OCCUPATION
<S> <C> <C> <C>
G A Adkin Marsh Farm Cottage Retired British
Mapperton, Beaminster
Dorset DT8 3NP, England
P N Buckley (see above)
Lord Cayzer The Grove President British
Walsham-le-Willows Caledonia Investments plc
Suffolk, England
Hon C W Cayzer (see above)
Sir James Kinpurnie Castle, Newtyle, Landowner British
Cayzer Angus, Scotland
The Hon. Tangley House, Andover None British
Mrs. N. Colvin Hampshire SP11 OSH,
England
J I Mehrtens 51 Oxenden Wood Road, Company Secretary of British
Chelsfield Park, The Cayzer Trust
Orpington, Company Limited
Kent BR6 6HP, England
M G Wyatt (see above)
</TABLE>
Page 12 of 14 Pages
<PAGE>
(iv) DIRECTORS AND EXECUTIVE OFFICERS OF CALEDONIA INVESTMENTS PLC:
<TABLE>
<CAPTION>
(a) NAME (b) RESIDENCE (c) PRINCIPAL (d) CITIZENSHIP
OCCUPATION
<S> <C> <C> <C>
P N Buckley (see above)
J Burnett-Stuart Ardmeallie House Retired British
Huntley,
Aberdeenshire,
AB54 5RS, Scotland
J H Cartwright (see above)
Lord Cayzer (see above)
N K Cayzer Thriepley House Chairman, British
Lundie, Dundee Oriel Group plc
Scotland 145-149 Borough
High Street
London,
SE1 1NP
England
Hon C W (see above)
Cayzer
G P Denison (see above)
Sir David (see above)
Kinloch
J R H Loudon Olantigh Finance Director, British
Wye Blue Circle
Ashford Industries PLC
Kent, England TN25 5EW 84 Eccleston
Square
London,
SW1V 1PX
England
M G Wyatt (see above)
</TABLE>
Page 13 of 14 Pages
<PAGE>
(v) DIRECTORS AND OFFICERS OF STERLING INDUSTRIES PLC:
<TABLE>
<CAPTION>
(a) NAME (b) RESIDENCE (c) PRINCIPAL (d) CITIZENSHIP
OCCUPATION
<S> <C> <C> <C>
D Blunn The Barn, Park Farm, Finance Director of British
Marston Magna, Somerset Sterling Industries PLC
TA22 8AX, England
P N Buckley (see above)
J H Cartwright (see above)
H W Denman The Penthouse, Retired British
Old Avenue,
St. Georges Hill, Weybridge
Surrey, KT13 0QB, England
D Diggins Fairgarden, Unity Lane Chief Executive of British
Misterton, Crewkerne Sterling Industries PLC
Somerset TA18 5NA,
England
Sir David (see above)
Kinloch
M G Wyatt (see above)
</TABLE>
Page 14 of 14 Pages
