----

----

| DELAWARE                             | 77-0313235               |
|--------------------------------------|--------------------------|
| (State      or other jurisdiction of | (I.R.S.      Employer    |
| incorporation      or organization)  | Identification      No.) |

| 550      South Hope Street, Suite 2850        |            |
|-----------------------------------------------|-----------------|
| Los      Angeles, California                  | 90071           |
| (Address      of principal executive offices) | (Zip      Code) |

----

----

| For      the Three Months ended March 31, 2009                                                                      | Page     |
|---------------------------------------------------------------------------------------------------------------------|----------|
|                                                                                                                |     |
|                                                                                                                |     |
| PART      I – FINANCIAL INFORMATION                                                                           |     |
|                                                                                                                |     |
| ITEM      1.  Financial Statements                                                                        |     |
|                                                                                                                |     |
| Cadiz      Inc. Consolidated Financial Statements                                                                   |     |
|                                                                                                                |     |
| Unaudited Statements of Operations for the three      months ended March 31, 2009 and 2008                          | 1        |
|                                                                                                                |     |
| Unaudited Balance Sheets as of March 31, 2009 and      December 31, 2008                                            | 2   |
|                                                                                                                |     |
| Unaudited Statements of Cash Flows for the three      months ended March 31, 2009 and 2008                          | 3   |
|                                                                                                                |     |
| Unaudited Statement of Stockholders’ Equity for      the three months ended March 31, 2009                    | 4   |
|                                                                                                                |     |
| Unaudited Notes to the Consolidated      Financial Statements                                                       | 5   |
|                                                                                                                |     |
| ITEM 2.  Management’s Discussion and Analysis of      Financial Condition and Results of Operations | 16       |
|                                                                                                                |     |
| ITEM 3.  Quantitative and Qualitative Disclosures      about Market Risk                                  | 24  |
|                                                                                                                |     |
| ITEM 4.  Controls and    Procedures                                                                       | 24  |
|                                                                                                                |     |
| PART II – OTHER INFORMATION                                                                                   | 25  |

Consolidated Statements of Operations(Unaudited)

|                                                       |   | For      the Three Months |   |
|------------------------------------------------------------|--------|---------------------------|--------|
|                                                       |   | Ended      March 31,      |   |
| ($      in thousands except per share data)                |   | 2009                      |   |   | 2008 |   |
|                                                       |   |                      |   |
| Revenues                                                   |   | $                         | 29     |   |   | $ | 17 |   |
|                                                       |   |                      |   |   |   |   |   |   |
| Costs      and expenses:                                   |   |                      |   |   |   |   |   |   |
| Cost of sales                                              |   |                      | 101    |   |   |   | 17 |   |
| General and      administrative                            |   |                      | 2,052  |   |   |   | 3,928 |   |
| Depreciation                                               |   |                      | 86     |   |   |   | 84 |   |
|                                                       |   |                      |   |   |   |   |   |   |
| Total      costs and expenses                              |   |                      | 2,239  |   |   |   | 4,025 |   |
|                                                       |   |                      |   |   |   |   |   |   |
| Operating      loss                                        |   |                      | (2,210 | ) |   |   | (4,008 | ) |
|                                                       |   |                      |   |   |   |   |   |   |
| Other      income (expense)                                |   |                      |   |   |   |   |   |   |
| Interest expense,    net                                   |   |                      | (1,184 | ) |   |   | (970 | ) |
|      Other      (expense), net    |   |                      | (1,184 | ) |   |   | (970 | ) |
|                                                       |   |                      |   |   |   |   |   |   |
| Loss      before income taxes                              |   |                      | (3,394 | ) |   |   | (4,978 | ) |
| Income      tax provision                                  |   |                      | 1      |   |   |   | 1 |   |
|                                                       |   |                      |   |   |   |   |   |   |
| Net      loss                                              |   | $                         | (3,395 | ) |   | $ | (4,979 | ) |
|                                                       |   |                      |   |   |   |   |   |   |
| Net      loss applicable to common stock                   |   | $                         | (3,395 | ) |   | $ | (4,979 | ) |
|                                                       |   |                      |   |   |   |   |   |   |
| Basic      and diluted net loss per common share           |   | $                         | (0.27  | ) |   | $ | (0.42 | ) |
|                                                       |   |                      |   |   |   |   |   |   |
| Basic      and diluted weighted average shares outstanding |   |                      | 12,510 |   |   |   | 11,957 |   |
|                                                       |   |

Consolidated Balance Sheets(Unaudited)

|                                                                                                                                                                         |   | March      31, |     |   | December      31, |
|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|--------|----------------|----------|--------|-------------------|
| ($      in thousands)                                                                                                                                                        |   | 2009           |     |   | 2008              |
|                                                                                                                                                                         |   |           |     |   |              |
| ASSETS                                                                                                                                                                       |   |           |     |   |              |
|                                                                                                                                                                         |   |           |     |   |              |
| Current      assets:                                                                                                                                                         |   |           |     |   |              |
| Cash and cash      equivalents                                                                                                                                               |   | $              | 1,456    |   |              | $ | 2,014 |   |
| Short-term      investments                                                                                                                                                  |   |           | 3,000    |   |              |   | 4,500 |   |
| Accounts    receivable                                                                                                                                                       |   |           | 39       |   |              |   | 66 |   |
| Prepaid expenses and      other                                                                                                                                              |   |           | 674      |   |              |   | 507 |   |
|                                                                                                                                                                         |   |           |     |   |              |   |   |   |
| Total current    assets                                                                                                                                                      |   |           | 5,169    |   |              |   | 7,087 |   |
|                                                                                                                                                                         |   |           |     |   |              |   |   |   |
| Property,      plant, equipment and water programs, net                                                                                                                      |   |           | 35,755   |   |              |   | 35,784 |   |
| Goodwill                                                                                                                                                                     |   |           | 3,813    |   |              |   | 3,813 |   |
| Other      assets                                                                                                                                                            |   |           | 706      |   |              |   | 728 |   |
|                                                                                                                                                                         |   |           |     |   |              |   |   |   |
| Total Assets                                                                                                                                                                 |   | $              | 45,443   |   |              | $ | 47,412 |   |
|                                                                                                                                                                         |   |           |     |   |              |   |   |   |
| LIABILITIES      AND STOCKHOLDERS’ EQUITY                                                                                                                              |   |           |     |   |              |   |   |   |
|                                                                                                                                                                         |   |           |     |   |              |   |   |   |
| Current      liabilities:                                                                                                                                                    |   |           |     |   |              |   |   |   |
| Accounts payable                                                                                                                                                             |   | $              | 71       |   |              | $ | 247 |   |
| Accrued    liabilities                                                                                                                                                       |   |           | 749      |   |              |   | 775 |   |
| Current portion of long term      debt                                                                                                                                       |   |           | 25       |   |              |   | 9 |   |
|                                                                                                                                                                         |   |           |     |   |              |   |   |   |
| Total current      liabilities                                                                                                                                               |   |           | 845      |   |              |   | 1,031 |   |
|                                                                                                                                                                         |   |           |     |   |              |   |   |   |
| Long-term      debt                                                                                                                                                          |   |           | 35,184   |   |              |   | 33,975 |   |
|                                                                                                                                                                         |   |           |     |   |              |   |   |   |
| Total Liabilities                                                                                                                                                            |   |           | 36,029   |   |              |   | 35,006 |   |
|                                                                                                                                                                         |   |           |     |   |              |   |   |   |
| Stockholders’      equity:                                                                                                                                             |   |           |     |   |              |   |   |   |
| Common      stock - $.01 par value; 70,000,000 shares authorized; shares issued and      outstanding - 12,510,236 at March 31, 2009 and 12,453,210 at December 31,      2008 |   |           | 126      |   |              |   |  125 |   |
| Additional      paid-in capital                                                                                                                                              |   |           | 263,935  |   |              |   | 263,533 |   |
| Accumulated      deficit                                                                                                                                                     |   |           | (254,647 | )      |              |   | (251,252 | )  |
| Total stockholders’      equity                                                                                                                                        |   |           | 9,414    |   |              |   | 12,406 |   |
|                                                                                                                                                                         |   |           |     |   |              |   |   |   |
| Total Liabilities and      Stockholders’ equity                                                                                                                        |   | $              | 45,443   |   |              | $ | 47,412 |   |

Consolidated Statements of Cash Flows(Unaudited)

|                                                                                                         |   | For      the Three Months |   |
|--------------------------------------------------------------------------------------------------------------|--------|---------------------------|--------|
|                                                                                                         |   | Ended      March 31,      |   |
| ($      in thousands except per share data)                                                                  |   | 2009                      |   |   | 2008 |   |
|                                                                                                         |   |                      |   |   |   |   |
| Cash      flows from operating activities:                                                                   |   |                      |   |   |   |   |
| Net lossAdjustments to reconcile net loss      to                                                            |   | $                         | (3,395 | ) |   | $ | (4,979 | ) |
| net cash used for operating      activities:                                                                 |   |                      |   |   |   |   |   |   |
| Depreciation                                                                                                 |   |                      | 86     |   |   |   | 84 |   |
| Amortization of debt discount      & issuance costs                                                      |   |                      | 685    |   |   |   | 538 |   |
| Interest expense added to loan      principal                                                                |   |                      | 516    |   |   |   | 485 |   |
| Compensation charge for stock      awards and share optionsChanges in operating assets and      liabilities: |   |                      | 403    |   |   |   | 1,705 |   |
| Decrease (increase) in accounts      receivable                                                              |   |                      | 27     |   |   |   | (11 | ) |
| Decrease (increase) in prepaid      expenses and other                                                       |   |                      | (167   | ) |   |   | (533 | ) |
| Increase (decrease) in accounts      payable                                                                 |   |                      | (176   | ) |   |   | 339 |   |
| Increase (decrease) in accrued      liabilities                                                              |   |                      | (26    | ) |   |   | 210 |   |
|  Net cash used for operating      activities                                                            |   |                      | (2,047 | ) |   |   | (2,162 | ) |
|                                                                                                         |   |                      |   |   |   |   |   |   |
| Cash      flows from investing activities:                                                                   |   |                      |   |   |   |   |   |   |
| Proceeds from marketable      securities                                                                     |   |                      | 1,500  |   |   |   | - |   |
| Additions to property, plant and      equipment                                                              |   |                      | (57    | ) |   |   | (60 | ) |
|                                                                                                         |   |                      |   |   |   |   |   |   |
| Net cash provided by (used in)      investing activities                                                     |   |                      | 1,443  |   |   |   | (60 | ) |
|                                                                                                         |   |                      |   |   |   |   |   |   |
| Cash      flows from financing activities:                                                                   |   |                      |   |   |   |   |   |   |
| Proceeds from issuance of      long-term debt                                                                |   |                      | 48     |   |   |   | - |   |
| Principal payments on long-term      debt                                                                    |   |                      | (2     | ) |   |   | (2 | ) |
|                                                                                                         |   |                      |   |   |   |   |   |   |
| Net cash provided by (used in)      financing activities                                                     |   |                      | 46     |   |   |   | (2 | ) |
|                                                                                                         |   |                      |   |   |   |   |   |   |
| Net      decrease in cash and cash equivalents                                                               |   |                      | (558   | ) |   |   | (2,224 | ) |
|                                                                                                         |   |                      |   |   |   |   |   |   |
| Cash      and cash equivalents, beginning of period                                                          |   |                      | 2,014  |   |   |   | 8,921 |   |
|                                                                                                         |   |                      |   |   |   |   |   |   |
| Cash      and cash equivalents, end of period                                                                |   | $                         | 1,456  |   |   | $ | 6,697 |   |

Consolidated Statement of Stockholders’Equity  (Unaudited)

|                                       |   |         |       |   | Additional |   |   |        |   |   | Total               |   |
|--------------------------------------------|--------|--------------|------------|--------|------------|--------|--------|-------------|--------|--------|---------------------|--------|
|                                       |   | Common Stock |       |   | Paid-in    |   |   | Accumulated |   |   | Stockholders’ |   |
|                                       |   | Shares       |       |   | Amount     |   |   | Capital     |   |   | Deficit             |   |   | Equity |   |
|                                       |   |         |       |   |       |   |   |        |   |   |                |   |   |   |   |
| Balance      as of December 31, 2008       |   |         | 12,453,210 |   |       | $      | 125    |        |   | $      | 263,533             |   |   | $ | (251,252 | ) |   | $ | 12,406 |   |
|                                       |   |         |       |   |       |   |   |        |   |   |                |   |   |   |   |   |   |   |   |   |
| Stock      awards                          |   |         | 57,026     |   |       |   | 1      |        |   |   | -                   |   |   |   | - |   |   |   | 1 |   |
|                                       |   |         |       |   |       |   |   |        |   |   |                |   |   |   |   |   |   |   |   |   |
| Stock      based compensation expense |   |         | -          |   |       |   | -      |        |   |   | 402                 |   |   |   | - |   |   |   | 402 |   |
|                                       |   |         |       |   |       |   |   |        |   |   |                |   |   |   |   |   |   |   |   |   |
| Net      loss                              |   |         | -          |   |       |   | -      |        |   |   | -                   |   |   |   | (3,395 | ) |   |   | (3,395 | ) |
|                                       |   |         |       |   |       |   |   |        |   |   |                |   |   |   |   |   |   |   |   |   |
| Balance      as of March 31, 2009          |   |         | 12,510,236 |   |       | $      | 126    |        |   | $      | 263,935             |   |   | $ | (254,647 | ) |   | $ | 9,414 |   |

NOTE 1 – DESCRIPTION OF BUSINESS AND SUMMARY OFSIGNIFICANT ACCOUNTING POLICIES

|  ●                | Level      1 - Quoted prices in active markets for identical assets or      liabilities.                                                                                                                                                                                                                                                                               |
|---------------------------------------------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|    ●    | Level      2 - Inputs other than Level 1 that are observable, either directly or      indirectly, such as quoted prices for similar assets or liabilities;      quoted prices in markets that are not active; or other inputs that are      observable or can be corroborated by observable market data for      substantially the full term of the assets or liabilities.  |

|    ●    | Level      3 - Unobservable inputs that are supported by little or no market activity      and that are significant to the fair value of the assets or      liabilities. |
|---------------------------------------------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|                               |   | March      31, |   |   | December      31, |   |
|------------------------------------|--------|----------------|--------|--------|-------------------|--------|
|                               |   | 2009           |   |   | 2008              |   |
|                               |   |           |   |   |              |   |
| Land      and land improvements    |   | $              | 21,998 |   |              | $      | 21,998 |   |
| Water      programs                |   |           | 14,274 |   |              |   | 14,274 |   |
| Buildings                          |   |           | 1,161  |   |              |   | 1,161 |   |
| Leasehold      improvements        |   |           | 570    |   |              |   | 570 |   |
| Furniture      and fixtures        |   |           | 407    |   |              |   | 407 |   |
| Machinery      and equipment       |   |           | 911    |   |              |   | 854 |   |
|                               |   |           | 39,321 |   |              |   | 39,264 |   |
|                               |   |           |   |   |              |   |   |   |
| Less      accumulated depreciation |   |           | (3,566 | )      |              |   | (3,480 | ) |
|                               |   |           |   |   |              |   |   |   |
|                               |   | $              | 35,755 |   |              | $      | 35,784 |   |

|                                                                                                                                                         |   | March      31, |   |   | December      31, |   |
|--------------------------------------------------------------------------------------------------------------------------------------------------------------|--------|----------------|--------|--------|-------------------|--------|
|                                                                                                                                                         |   | 2009           |   |   | 2008              |   |
|                                                                                                                                                         |   |           |   |   |              |   |
| Zero      coupon secured convertible term loan due June 29, 2011.  Interest      accruing at 5% per annum until June 29, 2009 and at 6%      thereafter |   | $              | 41,793 |   |              | $      | 41,276 |   |
| Other      loans                                                                                                                                             |   |           | 59     |   |              |   | 13 |   |
| Debt      discount                                                                                                                                           |   |           | (6,643 | )      |              |   | (7,305 | ) |
|                                                                                                                                                         |   |           | 35,209 |   |              |   | 33,984 |   |
|                                                                                                                                                         |   |           |   |   |              |   |   |   |
| Less current    portion                                                                                                                                      |   |           | 25     |   |              |   | 9 |   |
|                                                                                                                                                         |   |           |   |   |              |   |   |   |
|                                                                                                                                                         |   | $              | 35,184 |   |              | $      | 33,975 |   |

| 12      MonthsBeginning      March 31, |   | $      | 000’s |   |
|----------------------------------------|--------|--------|-------------|--------|
|                                   |   |   |        |   |
| 2009                                   |   |   | 25          |   |
| 2010                                   |   |   | 18          |   |
| 2011                                   |   |   | 41,809      |   |
| 2012                                   |   |   | -           |   |
| 2013                                   |   |   | -           |   |
|                                   |   | $      | 41,852      |   |

| -         | A      150,000 share award, that vests in three equal installments on January      1, 2008, January 1, 2009, and January 1, 2010.  100,000      shares have been issued pursuant to this award as of January,      2009. |
|---------------------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| -         | 800,000      of the shares were designated as Milestone – Based Deferred Stock, none of      which were ultimately issued.  The shares were allocated for      issuance subject to the satisfaction of certain milestone conditions      relating to the trading price of our common stock during the period      commencing March 13, 2007, and ending March 12, 2009.  The      milestone conditions were not satisfied by March 12, 2009, resulting in      the expiration of all 800,000shares. |
|---------------------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| Risk      free interest rate         | 4.74%          |
|--------------------------------------|----------------|
| Current      stock price             | $19.74         |
| Expected      volatility             | 38.0%          |
| Expected      dividend yield         | 0.0%           |
| Weighted      average vesting period | 2.0      years |

|                                 | Investments      at Fair Value as of December 31, 2008 |   |
|--------------------------------------|--------------------------------------------------------|--------|
| (in      thousands)                  | Level      1                                           |   | Level      2 |   |   | Level      3 |   |   | Total |   |
|                                 |                                                   |   |   |   |   |   |   |   |   |   |
| Certificates      of Deposit         |                                                   | $      | 4,500 |   |   | $ | - |   |   | $ | - |   |   | $ | 4,500 |   |
|                                 |                                                   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Total      investments at fair value |                                                   | $      | 4,500 |   |   | $ | - |   |   | $ | - |   |   | $ | 4,500 |   |

|                                 | Investments      at Fair Value as of March 31, 2009 |   |
|--------------------------------------|-----------------------------------------------------|--------|
| (in      thousands)                  | Level      1                                        |   | Level      2 |   |   | Level      3 |   |   | Total |   |
|                                 |                                                |   |   |   |   |   |   |   |   |   |
| Certificates      of Deposit         |                                                | $      | 3,000 |   |   | $ | - |   |   | $ | - |   |   | $ | 3,000 |   |
|                                 |                                                |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Total      investments at fair value |                                                | $      | 3,000 |   |   | $ | - |   |   | $ | - |   |   | $ | 3,000 |   |

| ITEM 2. | Management’s      Discussion and Analysis of Financial Condition and Results of      Operations |
|---------|-------------------------------------------------------------------------------------------------------|

|                                 | Three      Months Ended |   |
|--------------------------------------|-------------------------|--------|
|                                 | March      31,          |   |
|                                 | 2009                    |   |   | 2008  |   |
|                                 |                    |   |   |   |   |
| Interest on outstanding      debt    |                    | $      | 516 |   |   | $ | 485 |   |
| Amortization of financing      costs |                    |   | 22 |   |   |   | 18 |   |
| Amortization of debt      discount   |                    |   | 663 |   |   |   | 520 |   |
| Interest income                      |                    |   | (17 | ) |   |   | (53 | ) |
|                                 |                    |   |   |   |   |   |   |   |
|                                 |                    | $      | 1,184 |   |   | $ | 970 |   |

| ·         | a      final maturity date of June 29,2011; |
|--------------------------|---------------------------------------------|

| ·         | a      zero coupon structure, which requires no cash interest payments prior to      the final maturity date; and |
|--------------------------|-------------------------------------------------------------------------------------------------------------------|

| ·         | a      5% interest rate for the first 3 years, with a 6% interest rate      thereafter. |
|--------------------------|-----------------------------------------------------------------------------------------|

|                            |   | Payments Due by Period |   |
|---------------------------------|--------|------------------------|--------|
| Contractual Obligations         |   | Total                  |   |   | 1 year or less |   |   | 2-3 years |   |   | 4-5 years |   |   | After 5 years |   |
|                            |   |                   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Long      term debt obligations |   | $                      | 41,852 |   |   | $ | 25 |   |   | $ | 41,827 |   |   | $ | - |   |   | $ | - |   |
| Interest      Expense           |   |                   | 5,956  |   |   |   | 2 |   |   |   | 5,954 |   |   |   | - |   |   |   | - |   |
| Operating      leases           |   |                   | 974    |   |   |   | 359 |   |   |   | 523 |   |   |   | 92 |   |   |   | - |   |
|                            |   | $                      | 48,782 |   |   | $ | 386 |   |   | $ | 48,304 |   |   | $ | 92 |   |   | $ | - |   |
|                            |   |                   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |

| ITEM 3. | Quantitative      and Qualiltative Disclosures about MarketRisk |
|---------|-----------------------------------------------------------------|

|                   |   | Long-Term      Debt |   |
|------------------------|--------|---------------------|--------|
|                   |   | Fixed      Rate     |   | Average |   |   | Variable      Rate |   |   | Average |   |
| Expected      Maturity |   | Maturities          |   | Interest      Rate |   |   | Maturities |   |   | Interest      Rate |   |
|                   |   |                |   |   |   |   |   |   |   |   |   |
| 2009                   |   | $                   | 9      |   |   |   | 3.9% |   |   |   | - |   |   |   | - |   |
| 2010                   |   | $                   | 4      |   |   |   | 3.9% |   |   |   | - |   |   |   | - |   |
| 2011                   |   | $                   | 39,244 |   |   |   | 5.6% |   |   | $ | - |   |   | $ | - |   |

| ITEM 4. | Controls      and Procedures |
|---------|------------------------------|

PART II - OTHER INFORMATION

| ITEM      1. | Legal      Proceedings |
|--------------|------------------------|

| ITEM      1A. | Risk      Factors |
|---------------|-------------------|

| ITEM      2. | Unregistered      Sales of Equity Securities and Use ofProceeds |
|--------------|-----------------------------------------------------------------|

|   | Not      applicable. |
|--------|----------------------|

| ITEM      3. | Defaults      Upon Senior Securities |
|--------------|--------------------------------------|

|   | Not      applicable. |
|--------|----------------------|

| ITEM      4. | Submission      of Matter to a Vote of SecurityHolders |
|--------------|--------------------------------------------------------|

|   | Not      applicable. |
|--------|----------------------|

| ITEM      5. | Other      Information |
|--------------|------------------------|

|   | Not      applicable. |
|--------|----------------------|

| ITEM      6. | Exhibits  |
|--------------|----------------|

|   | 31.1 | Certification      of Keith Brackpool, Chairman and Chief Executive Officer of Cadiz Inc.      pursuant to Section 302 of the Sarbanes-Oxley Act of  2002 |
|--------|------|-----------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | 31.2 | Certification      of Timothy J. Shaheen, Chief Financial Officer and Secretary of Cadiz Inc.      pursuant to Section 302 of the Sarbanes-Oxley Act of  2002 |
|--------|------|---------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | 32.1 | Certification      of Keith Brackpool, Chairman and Chief Executive Officer of Cadiz Inc.      pursuant to 18 U.S.C. Section 1350, as adopted pursuant to Section 906 of      the Sarbanes-Oxley Act of 2002 |
|--------|------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | 32.2 | Certification      of Timothy J. Shaheen, Chief Financial Officer and Secretary of Cadiz Inc.      pursuant to 18 U.S.C. Section 1350, as adopted pursuant to Section 906 of      the Sarbanes-Oxley Act of 2002 |
|--------|------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| By:  | /s/ Keith      Brackpool                            | May 8, 2009  |
|-----------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|-------------------|
|      | Keith      Brackpool                                                                                                                                                                  | Date         |
|      | Chairman of the      Board and Chief Executive Officer                                                                                                                                |              |
|      | (Principal Executive      Officer)                                                                                                                                                    |              |

| By:  | /s/ Timothy J.      Shaheen                 | May      8, 2009  |
|-----------|--------------------------------------------------|------------------------|
|      | Timothy J.      Shaheen                     | Date              |
|      | Chief Financial      Officer and Secretary  |                   |
|      | (Principal Financial      Officer)          |                   |