Medieval Attractions N.V - Page 76

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          1Denotes the owners of the corporations who held the interests in           
          MANV and Calinvest.                                                         
               Estaspan, Ltd. (Estaspan), was a Bermuda corporation                   
          controlled by Gavin H. Watson, Jr. (Watson).  Watson was MTNV’s             
          banker in Florida.  Chavez did not participate in the California            
          operation.  Chavez wanted to participate in California, but the             
          Spanish investors specifically excluded him.                                
               Sans, who had known Segui since childhood, came over from              
          Spain in late 1985 to run the Florida castle so that A. Gelabert            
          could go to California.  Sans took over as general manager of the           
          Florida operation.  He had no experience running a dinner show.             
          His experience was limited to operating a restaurant and tour               
          agency in Spain.                                                            
               A. Gelabert went to California in early 1986 to renovate the           
          existing KDS building and to set up the California operation.  He           
          hired a general contractor and a kitchen contractor and brought             
          Florida MTNV employees to work on the California castle.                    
          A. Gelabert also brought several artists from Florida and hired             
          local artists to paint murals and crests at the California                  
          castle.                                                                     
               Bellows developed a marketing program for the California               
          castle prior to its opening in 1986.  He used the expertise he              
          had acquired in Florida and interviewed and hired new personnel.            
          The California market differed from the Florida market because              







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