This paper provides a first example of a model theoretically well behaved
structure consisting of a proper o-minimal expansion of the real field and a
dense multiplicative subgroup of finite rank. Under certain Schanuel
conditions, a quantifier elimination result will be shown for the real field
with an irrational power function and a dense multiplicative subgroup of finite
rank whose elements are algebraic over the field generated by the irrational
power. Moreover, every open set definable in this structure is already
definable in the reduct given by just the real field and the irrational power
function