GSM Investors

Globe Specialty Metals
AIM Rule 26 Disclosures

Percentage of securities not in public hands

4 March 2008

Shares Beneficially Owned by Directors Executive Officers and Affiliates

  Shares(1) Percent(2)
Alan Kestenbaum 10,777,165 17.09%
Michael Barenholtz 1,643,465 2.61%
Arden Sims 660,082 1.05%
Ted Heilman 240,373 0.38%
  13,321,085 21.13%

(1) Number of common shares
(2) Number of common shares divided by the total number of common shares outstanding

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