John R. Gaulding

Yellow Pages Group Co. publishes telephone directories. The firm also provides classified directory advertising and associated products and services. Yellow Pages Group was founded in 1908 and is located in Verdun, Canada.

Sage Partners LLC is engaged in management consulting and venture development services. The company was founded by Thomas L. Doorley, John R. Gaulding and Edward F. West in 2001 and is headquartered in Wellesley Hills, MA.

YPG Financing, Inc. was operated as a media and marketing company. The company was founded on July 28, 2003 was headquartered in Verdun, Canada.

ANTs software, Inc. develops and markets relational database management system in the United States. It develops a software that allows the same source code run on a distributed network, a cluster, or a single processor without recompiling and recoding. The company was founded in 1979 and is headquartered in Dunwoody, GA.

Yellow Pages Income Fund operates as a closed ended, limited purpose trust in Canada. The fund, through its wholly owned trust YPG Trust, invests in partnership units of YPG LP and shares of YPG General Partner, Inc. Yellow Pages Income Fund was founded in 2000 and is based in Verdun, Canada.

YPG Holdings, Inc. is a corporation incorporated under the laws of Canada and is a wholly-owned subsidiary of YPG LP. YPG LP is a limited partnership existing under the laws of the Province of Manitoba pursuant to a third amended and restated limited partnership agreement dated February 14, 2006. YPG LP currently indirectly holds 100% of Yellow Pages Group Co., Trader Corporation, YPG(USA) Holdings Inc., Yellow Pages Group, LLC, YPG Directories, LLC, SNAP Guides Inc. and LesPAC s.e.n.c. ('LesPAC'). The registered and head office of the Fund and YPG Holdings are located at 16 Place du Commerce, Île des Soeurs, Verdun, Québec, Canada, H3E 2A5.