Reece Gray Birtles

Franklin Templeton Australia Ltd. is the Australian asset management arm of Legg Mason, Inc. (NYSE: LM) in the US. The firm was founded in 1899 and formerly known as Legg Mason Asset Management (Australia) Ltd. Headquartered in Melbourne, they partner with their asset management affiliates to manage unit trusts, pooled superannuation trusts, domestic and international trusts for institutional and financial planning groups.

Legg Mason International Equities Ltd., which does business as Esemplia Emerging Markets, (Esemplia) is the Great Britain-based, wholly-owned subsidiary of Legg Mason International Asset Management, itself a subsidiary of Legg Mason, Inc. (NYSE: LM) in the US. Created in 2006 from the former Citigroup Asset Management, the firm is a global emerging markets specialist. They are located in London with an aditional office in Hong Kong where they manage assets and sub-advise mutual funds across investment strategies within the Legg Mason mutual fund range for institutional and high-net worth clients worldwide.