Interest on debt
Interest on debt was $9.9 million and $3.3 million for the first nine months and third
quarter ended September 30, 2009, respectively, compared to $9.6 million and $3.2
million for the corresponding periods in 2008. The nine month figures include cash
interest payments of $9.4 million on the $100 million notes which bear interest at
9.375% per annum, payable semi-annually in January and July. Interest on debt also

includes amortization of deferred financing fees related to this debt and amounts for
interest accretion totalling approximately $0.9 per quarter as the notes contain debt and
equity components.