Exhibit 1
JOINT FILING AGREEMENT
In accordance with Rule 13d-1(f) under the Securities Exchange Act of
1934, as amended, the persons named below agree to the joint filing on behalf of
each of them of this Amendment No. 1 to the statement on Schedule 13G (including
amendments thereto) with respect to the Common Stock, par value $0.01 per share,
of Mutual Risk Management Ltd. and further agree that this Joint Filing
Agreement be included as an Exhibit to such joint filing. In evidence thereof,
the undersigned, hereby execute this Agreement this 22nd day of April, 2005.
Dated: April 22, 2005
SC FUNDAMENTAL VALUE FUND, L.P.
By: SC Fundamental LLC, as General Partner
By: /s/ Xxxx X. Xxxxxxx
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Xxxx X. Xxxxxxx, Member
SC FUNDAMENTAL LLC
By: /s/ Xxxx X. Xxxxxxx
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Xxxx X. Xxxxxxx, Member
SC FUNDAMENTAL VALUE BVI, LTD.
By: SC Fundamental BVI, Inc., as managing
general partner of investment manager
By: /s/ Xxxx X. Xxxxxxx
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Xxxx X. Xxxxxxx, Vice President
SC-BVI PARTNERS
By: SC Fundamental BVI, Inc., as managing
general partner
By: /s/ Xxxx X. Xxxxxxx
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Xxxx X. Xxxxxxx, Vice President
PMC-BVI, INC.
By: /s/ Xxxx X. Xxxxxxx
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Xxxx X. Xxxxxxx, Secretary
SC FUNDAMENTAL BVI, INC.
By: /s/ Xxxx X. Xxxxxxx
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Xxxx X. Xxxxxxx, Vice President
/s/ Xxxx X. Xxxxxxx
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Xxxx X. Xxxxxxx as Attorney-in-Fact for
Xxxxx X. Xxxxxxx (1)
/s/ Xxxx X. Xxxxxxx
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Xxxx X. Xxxxxxx
/s/ Xxxx X. Xxxxxxx
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Xxxx X. Xxxxxxx as Attorney-in-Fact for
Xxxx X. Xxxx (2)
(1) Executed by Xxxx X. Xxxxxxx as Attorney-in-Fact Xxxxx X. Xxxxxxx. The Power
of Attorney for Xx. Xxxxxxx is attached as Exhibit 2 to the Statement on
Schedule 13G with respect to the Class A Common Stock of Xxxxxxx & Co.
Incorporated, filed on November 26, 2003, and is incorporated herein by
reference.
(2) Executed by Xxxx X. Xxxxxxx as Attorney-in-Fact for Xxxx X. Xxxx. The Power
of Attorney for Xx. Xxxxxxx is attached as Exhibit 3 to the Amendment No. 1
to the Statement on Schedule 13G with respect to the Common Stock of
Tengasco, Inc., filed on March 28, 2005, and is incorporated herein by
reference.