Michael Grandin is Chair and Chief Executive Officer of each of the Trust and Fording ULC. He has held these positions since the formation of the Trust in February of 2003 and the incorporation of Fording ULC in 2005. Mr. Grandin was a director of Old Fording from 2001 to 2003. From February 2004 to January 2006, Mr. Grandin served as Dean of the Haskayne School of Business at the University of Calgary. Mr. Grandin was President of PanCanadian Energy Corporation from October 2001 to April 2002. From 1998 to 2001, Mr. Grandin was Executive Vice President and Chief Financial Officer of Canadian Pacific Limited. He was Vice Chairman and Director of Midland Walwyn Capital Inc. from 1996 to 1998. He is also a director of EnCana Corporation, BNS Split Corp. II, and the Investment Dealers Association of Canada and EnCana Corporation.

Mr. Grandin received his MBA from the Harvard Business School and holds a B.Sc. (Civil Engineering) from the University of Alberta.

Mr. Grandin is not an Independent Trustee or "independent" under applicable securities laws and stock exchange rules because he serves as Chief Executive Officer of the Trust and Fording ULC.

Mr. Mahler was Executive Vice President and Chief Financial Officer of Finning International Inc., the world's largest Caterpillar dealer, from 1990 until his retirement in 2003. From 1981 to 1990 Mr. Mahler served as Vice President Finance of Amdahl Canada, a provider of enterprise-scale computing, networking storage systems and services. Prior to that, he held various senior financial management positions with Ford Motor Company of Canada from 1968 to 1980. Mr. Mahler is Chair of Partnerships British Columbia (a provincial Crown corporation formed to deliver public services through public/private partnerships) and Chair of Sterling Shoes Income Fund. He is also Chair of the VGH/UBC Hospital Foundation and a trustee of Swiss Water Income Fund. He was awarded the 2002 Queen's Golden Jubilee Medal for Distinguished Service by the Governor General of Canada and the 2002 Chancellor's Award for Distinguished Service by Simon Fraser University.

Mr. Mahler holds an MBA from McMaster University and a B.Sc. (Computer Science) from the University of Waterloo.

Mr. Mahler is an Independent Trustee and is "independent" under applicable securities laws and stock exchange rules. He is Chair of Fording ULC's Governance Committee and a member of its Audit Committee. The Trustees and Board of Directors have determined that Mr. Mahler is financially literate.

Mr. Parrett is an independent consultant with over 25 years of experience in the mining industry. Mr. Parrett was the President of Rio Algom Limited from 2000 to 2001. From 1991 to 2000, Mr. Parrett was Vice President and Chief Financial Officer of Rio Algom Limited. From 1999 to 2000, he was also Vice President, Strategic Development & Joint Ventures of Rio Algom Limited. Prior to 1990, Mr. Parrett held various positions with Falconbridge Limited, serving as Vice President, Controller and Chief Financial Officer. He is a director of Pengrowth Corporation and the Non-Executive Chairman of Gabriel Resources Ltd.

Mr. Parrett has a B.A. (Economics) from York University and is a Chartered Accountant.

Mr. Parrett is an Independent Trustee and is "independent" under applicable securities laws and stock exchange rules. He is also a Fording ULC Independent Director. He is Chair of the Trust's Audit Committee and Fording ULC's Audit Committee. The Trustees and the Board of Directors of Fording ULC have determined that Mr. Parrett is financially literate.

Mr. Pether stepped down as Chair of the Board of Dofasco Inc. on April 13, 2007 a position he held since July 2006 when he retired as President and Chief Executive Officer. Prior to his appointment as President and Chief Executive Officer in 2003, Mr. Pether held progressively senior positions since joining the company in 1970.

Mr. Pether is Past Chairman of the Board of Directors of Quebec Cartier Mining, Dofasco Tubular Products Inc., and Powerlasers Limited. He was also a member of the Management Committee of Gallatin Steel. Mr Pether has participated in numerous industry-related associations, including: the Board of Directors of the Canadian Steel Producers' Association, the American Iron and Steel Institute, and the International Iron and Steel Institute. He is also a former member of the Canadian Council of Chief Executives.

Mr. Pether is currently Chair of the Board of the Hamilton Health Sciences Foundation, is Vice-Chair of the Board of Governors for McMaster University, and is Chair of the Board of the McMaster Innovation Park. He sits on the Council of Governors for the Art Gallery of Hamilton and the Advisory Board for CH Television. Mr. Pether is also a Board member of Samuel Manu-Tech Inc.

He holds a BSc. in Metallurgical Engineering from the University of Alberta and an Honourary Doctorate of Laws from McMaster University.

Mr. Pether is an Independent Trustee and is "independent" under applicable securities laws and stock exchange rules. He is a member of the Trust's Audit and Governance Committees. The Trustees have determined that Mr. Pether is financially literate.

Mr. Seyffert was a partner of Lang Michener LLP from 1969 to 2001 and served as Chair of the partnership, Chair of the executive committee and national managing partner. He was counsel to Lang Michener LLP from 2002 to 2007. Mr. Seyffert joined the Board of Teck Corporation in 1989 and was a member of the Board of Cominco from 2000 to the date of the merger that created Teck Cominco Limited in 2001.

Mr. Seyffert is a Director of various public and private corporations including Teck Cominco Limited, Allstate Insurance Company of Canada, Pembridge Insurance Company, The Kensington Health Centre, and St Andrew Goldfields Ltd. and is an Honourary Trustee of the Royal Ontario Museum.

Mr. Seyffert received his LL.B. from the University of Toronto Law School and his LL.M. from York University, Osgoode Hall. He taught "Law of Corporate Management" for over 12 years at Osgoode Hall.

Mr. Seyffert is not an Independent Trustee or "independent" under applicable securities laws and stock exchange rules because he serves as a director of Teck Cominco which is the managing partner of Elk Valley Coal, Fording ULC's principal investment.

Mr. Valentine is President of Consult P2 Inc. He was Senior Advisor to the President and CEO of the Calgary Health Region and Senior Advisor to the Dean of Medicine, University of Calgary for five years ending in January 2007. Mr. Valentine served as the interim chair of the Alberta Securities Commission from May to July 2005 and was the Auditor General of Alberta for seven years. From 1958 to 1995, Mr. Valentine enjoyed a career with KPMG, serving as Partner-in-Charge of Professional Practice of the Calgary office, Chairman of the KPMG International Energy Practice Group and Senior Audit Partner responsible for a variety of medium to large-scale organizations, with expertise in the petroleum industry and the Canadian securities practice. He is a director of Livingston International Income Fund, Primewest Energy Trust, Superior Plus Income Fund and Resmore Trust Company. He is the past Chair of the Board of Governors of CCAF-FCVI Inc. and has previously served as Chair of the Financial Advisory Committee of the Alberta Securities Commission and as a member of the Accounting Standards Board and the Public Sector Accounting Board of the Canadian Institute of Chartered Accountants.

Mr. Valentine has a B.Comm. from the University of British Columbia and attended the International Advanced Executive Program in Burgenstock, Switzerland through Northwestern University, J.J. Kellogg Graduate School of Management.

Mr. Valentine is an Independent Trustee and is "independent" under applicable securities laws and stock exchange rules. He is a member of the Trust's Audit and Governance Committees. The Trustees have determined that Mr. Valentine is financially literate.

Mr. Zaozirny was a director of Old Fording, the predecessor to the Trust, from 1986 to 2003. He has been counsel to McCarthy Tétrault LLP, Barristers and Solicitors since 1987. He has served as Vice Chairman of Canaccord Capital Corporation since 1996 and is also a director of Canadian Oil Sands Investments Inc., Computer Modelling Group, IPSCO Inc., Candax Energy Inc., Pengrowth Corporation, Provident Energy Ltd., Bankers Petroleum Inc., Bayou Bend Petroleum Ltd., Coastal Energy Corp. and TerraVest Income Fund. He is a Governor of the Business Council of British Columbia and a member of the Law Societies of Alberta and British Columbia. Mr. Zaozirny was Minister of Energy and Natural Resources for the Province of Alberta from 1982 to 1986.

Mr. Zaozirny received his LLM from the London School of Economics. He also holds an LLB from the University of British Columbia and a B.Comm from the University of Calgary.

Mr. Zaozirny is an Independent Trustee and is "independent" under applicable securities laws and stock exchange rules. He is the Chair of the Trust's Governance Committee.