A portion of the Company’s corporate offices are leased from Allied Pacific Properties and Hotels Ltd. ("APP"), a minority shareholder of the Company. During the year ended December 31, 2006, the Company paid rent to APP, pursuant to the lease, of which $39,000 (2005 - $42,000) is included in SG&A under the sub-heading of general expenses in the analysis above. During 2005 the Company negotiated a lease cancellation for part of the office space, resulting in a reduction from the 2005 expense. In addition, APP sold part of the leased premises to a third party, and rent payments for this space are no longer related party transactions.

Included in amounts due to related parties is a loan of $6.0 million (2005 - $8.6 million) due to Allied Holdings Ltd ("Holdings"), the Company’s majority shareholder. This loan, which is unsecured and due on demand, bears interest at a fixed rate of 9.0% per annum. During the year ended December 31, 2006 the Company paid interest to Holdings of $717,000 (2005 - $421,000), which amounts are included in other interest expense.

Included in amounts due to related parties is a loan of $8.0 million (2005 – $6.8 million) due to APP. This loan, which is secured by a general security agreement and due on demand, bears interest at a rate of prime plus 0.75% per annum. During the year ended December 31, 2006, the Company paid interest to APP of $483,000 (2005 - $307,000) which amounts are included in other interest expense.