Board of Directors
Dr. Mirgali Kunayev, Chairman of the Board of Directors.

Before forming Caspian Services Group Limited, Dr. Kunayev was the President of OJSC Kazakhstancaspishelf. During that time he worked collaboratively on the projects for Kazakhstan`s national oil company KazakhOil, with major international geophysical companies. Prior to that Dr. Kunayev served as President of International Geophysics, Ltd., where he was primarily responsible to oversee geological-geophysical operations and exploratory drilling. In 2000 Dr. Kunayev become Vice President for Caspian Services Group Limited and served as Chief Executive Officer, President and Chairman of the board of directors of the Company following its merger with Caspian Services Group Limited in 2002 until May 2005 when he resigned as Chief Executive Officer and President. Dr. Kunayev has continued to serve as the Chairman of the Company`s board of directors and since May 2005 he has concentrated on the developing geophysical operations of the Company and leading its strategic initiatives. A graduate of the Geophysics Department of Kazakhstan National Politech University Dr. Kunayev, earned his Doctoral (PhD) credentials in January of 2002 under the discipline of Geological and Mineralogical Science from the Moscow Geological University in Moscow, Russia. He has been an associate academician of the Russian Academy of Natural Science since April of 2006. Dr. Kunayev is not a director or nominee in any other SEC registrant.

Kerry T. Doyle, Director.

Prior to joining the Company, Mr. Doyle has served as the Chief Executive Officer and President of Veritas-Caspian LLP, the Company's joint venture with CGG Veritas (formerly Veritas DGC Ltd.) While at Veritas-Caspian, Mr. Doyle was responsible for developing and implementing the seismic data acquisition activities of Veritas-Caspian over the open acreage of the Kazakh sector of the Caspian Sea. Over the past 35 years, Mr Doyle has served in various capacities, including Country Manager in Kazakhstan, Romania and Nigeria and Regional Manager West Africa Offshore with several other geophysical companies, including Veritas DGC Ltd, WesternGeco, Western Atlas and Western Geophyscial. Mr. Doyle has extensive experience in business development and operational oversight.

Valery Tolkachev, Director.

Since August, 2008 Mr. Tolkachev has been employed with Russky Slaviansky Bank in Moscow, Russia, where he serves as the Deputy Chairman. From 1991 to 2008, Mr. Tolkachev served in various positions with various employers including UniCreditAton, MDM Bank, InkomBank, InkomCapital and others. Mr. Tolkachev graduated with Honours from the High Military School in Kiev, USSR in 1989. In 2005 he completed his studies at the Academy of National Economy, as a qualified lawyer. Mr. Tolkachev is a director of BMB Munai, Inc., and Bekem Metals, Inc., both SEC registrants.

Alexey Kotov, Director.

Mr. Kotov has been with the Company since January 2003. From January 2003 to September 2007, Mr. Kotov served as in-house legal counsel to Caspian Services Group Limited. As such, Mr. Kotov performed general corporate and operational legal assignments in the Republic of Kazakhstan. Mr. Kotov was also responsible for supervising the work of a staff of legal personnel assigned to various Company subsidiaries. Since October 2007 Mr. Kotov has served as General Counsel for Kazakhstan, Corporate Secretary and Treasurer of Caspian Services Inc., while based in the Company`s U.S. office in Salt Lake City, Utah. Mr. Kotov graduated from Kazak State Law University in July 1998 and qualified as an Attorney the same year. Mr. Kotov is an admitted attorney in the Republic of Kazakhstan and is licensed as a Foreign Legal Consultant in the State of Utah. He earned a Masters of Business Administration from Loyola University of Chicago, Graduate School of Business in March 2001 and an LL.M, Master of Law degree from The George Washington University Law School in May 2002. Mr. Kotov also earned a Post Graduate Diploma in Maritime Law from London Metropolitan University, Lloyds Marine Academy in February 2007. Mr. Kotov is not a nominee or director of any other SEC registrant.

Jeffrey Brimhall, Director.

On August 2, 2010, the board of directors also appointed Mr. Jeffrey Brimhall to fill the remaining vacant directorship on the Company`s board of directors. Mr. Brimhall is currently employed as a Senior Accountant for Resolute Energy Corp., an NYSE listed company based in Denver, CO. In that capacity Mr. Brimhall is responsible for preparing financial statements and performing variance analysis to present to management and the board of directors. He also assists in the preparation of Resolute Energy`s periodic reports to the U.S. Securities and Exchange Commission ("SEC"). Mr. Brimhall has been with Resolute Energy since December 2009. Since March 2010 Mr. Brimhall has also served as the CFO, Secretary, Treasurer and as a director of Geo Point Technologies, Inc. Geo Point Technologies, Inc. is an SEC reporting issuer. From June 2007 to December 2009, Mr. Brimhall was employed with Hein & Associates, LLP, a certified public accounting firm in Denver, Colorado. While with Hein & Associates, he served as both a Senior Auditor and an Audit Supervisor. In those capacities, he was responsible for multiple audit engagements, reviewing financial statements and periodic reports to the SEC and researching technical accounting issues. From August 2005 to June 2007 Mr. Brimhall was an Audit Associate with Grant Thornton LLP in Phoenix, Arizona. As an Audit Associate, he participated in annual audits, quarterly reviews and SOX internal control testing for public companies. Mr. Brimhall earned a Bachelors of Science degree from Brigham Young University in 2005. Mr. Brimhall received licensure as a Certified Public Accountant in 2008.