1. J.P. King Auction Marketing is presenting an auction marketing plan for Banco Popular to sell real estate quickly through an auction with no contingencies and a closing within 30 days. 2. J.P. King's auction process includes an extensive multi-channel marketing campaign to generate interested buyers and competitive bidding to maximize sale prices. 3. The auction would be structured to require a 10% deposit from winning bidders and close within 30 days to provide a quick sale for Banco Popular.

1. J P. King Auction Marketing Presentation for Banco Popular by Richard Moravek and Ray Treco 954-374-9978 November 30, 2009

2. Auction Marketing Presentation for Banco Popular

3. Growing Popularity

4. What’s in it for you? -- Selling Quickly -- No Contingencies --Market Value $

5. TIME Is it important to have your real estate Sold and closed fast? With an agreement today , we could have a Late January 2010 auction, with closing in 30 days or less.

6. J.P. King Auction Company’s Experience Produces Results Complete Sell-outs for Top Dollar!

9. The philosophy behind J. P. King’s successful marketing program

10. Exposure

13. Exposure Newspaper Coverage – Regional and Local Approach : Wall Street Journal--Southeast Miami Herald MH Spanish Edition South Dade News Leader South Florida Biz’ Journal Orlando Sentinel Kissimmee Papers

17. Exposure Internet Promotion Builders Association(s) Websites snowbirds.org viviun.com jpking.com campaigner.com condo.com newcondosonline.com Google ad words Loopnet-- feature ad Miami and Orlando/Kissimmee area websites Internet Campaign Including , not limited to, the following sites:

18. Exposure Television and Radio TV and Radio may be designed to advertise the auction at on Local / Regional Television and Radio

22. Educate

29. Closure

33. J. P. King Auction Company has been named the exclusive auctioneer for Who’s Who in Luxury Real Estate®, whose member brokers represent more than 100,000 premier agents throughout the United States and abroad. “ As the exclusive auctioneer for Who’s Who, J. P. King has repeatedly demonstrated the value of the auction method and their commitment to the highest level of service.” ~Brian Losh CEO at Who’s Who in Luxury Real Estate®

34. The High Bidder’s Choice Method: The most effective bidding method to maximize price All bidders are forced to compete to win Forces all bidders to compete against each other in each and every round of bidding It significantly stimulates competition and establishes higher prices

35. Broadway Station Myrtle Beach, SC $4.9 Million Registered Bidders 124 Property Tours 208 Bidders from 14 states and Canada registered at the auction

37. A J. P. King Auction has repeatedly proven to sell large quantities of inventory through a single event Portside Condominium 103 units Lake Park Condominium 210 units Pittsburgh Cooperatives 135 units Stillwater Resort 324 properties Missouri Condo Portfolio 151 units BackBay Condominium 86 units Houston/Dallas Portfolio 129 houses The Wilderness 86 lots Sugar Beach Condominium 100 units GreenCroft Condominium 87 units Greater Minn. Portfolio 80 units Vermont Portfolio 113 properties New Orleans Gala 212 houses

41. AUCTION DAY

42. The Auction Event “… The most important aspect of the auction for us is the dollar result, which we feel adequately reflects the current real estate market in our area.” Peter G. Florey, Benjamin Development Co., Inc.

43. Financial Arrangement J. P. King’s receives the 10% Buyer’s Premium paid by the buyer. J. P. King funds up to a 2% Buyer Broker commission through our Broker Incentive Program. The Seller is responsible for the funding the exposure, education and closure expenses in the amount of $178,223.00, which represents the Engagement Fee for this auction.

44. Real Estate Track Record

45. Clearwater Cay Club Clearwater, Florida $3.4 Million States responded 24 Property Tours 95

46. Liberty Square & Hometown Village Wisconsin $5.4 Million 100% Sellout! 60 properties sold & closed! 147 registered bidders

47. Rhapsody at Lake Delton & Delton Point $7.8 Million Wisconsin Dells, WI 100% Sellout! 45 units 128 registered bidders from 13 states Over 400 in attendance auction day!

48. North Georgia Showcase Atlanta, GA $8.7 Million Achieved 91% of Broker Price Opinion 100% Sellout! 39 properties were offered

49. The Nettleton Condominiums Memphis, TN $5.5 Million Register Bidders 187 Over 450 property tours! 100% Sellout! 30 properties offered

50. Bank Owned Properties Florida, NC, and AL Gulf Coast $7.7 Million Achieved 102% of the reserve prices! 73 registered bidders 24 Properties sold & closed

51. Summer House in Old Ponte Vedra Ponte Vedra, FL $2.3 Million Register Bidders 95 Property Tours 167

52. The Sage Condominium Austin, Texas $3.7 Million Registered Bidders 79 Website Views 7561 Over 410 property tours!

53. The Enclave at Eagle Harbor Jacksonville, Florida $4.0 Million Registered Bidders 85 Property Tours 187

54. Sarasota Collection Sarasota, Florida $19.4 Million Property Tours 26 Web Inquiries 17,448

55. Vista Hills Condominiums Austin, TX Registered Bidders 42 Web Inquiries 3353 “ Your firm did everything you promised, and the units sold at prices which met our expectations.” ~ Scott Plantowsky, Developer

56. The Hamptons at Tampa Palms Tampa, FL $5.9 Million 171 registered bidders from 15 states!

57. $855,948.50 Talladega Development Land Talladega, Alabama Registered Bidders 18

58. Sundance Trails Ranch Okeechobee, Florida $1.8 Million Registered Bidders 40 Inquiry Calls 79

59. Golden Spring Development Oxford, Alabama $3.3 Million Registered Bidders 41 Inquiry Calls 251

60. Jones Estates Selma, Alabama $1.8 Million Registered Bidders 56 Web Inquiries 3059

61. Crystal Shores North Sound, Grand Cayman $3.3 Million Inquiry Calls 108 Web Inquiries 2,150

62. $2.75 Million Plum Creek Development Rapid City, South Dakota

63. FDIC Houston and Corpus Christi, TX $4.1 Million Commercial, Residential, and Land Properties

64. 13 states from New Jersey to California Resolution Trust Corporation “… We must have set a world record for attendance at an auction event.” “… The tight timing, difficult properties, and logistical problems were major obstacles that your team overcame.” – E. Mark Glannon RTC Metro Office, NJ 37 auctions, over 2,000 assets, 13 states $300,000,000 – 91% of Broker Price Opinion

65. 8 States from California to Florida Ocwen $86 Million With over 1900 Properties throughout 8 states

66. New York, New Jersey and Connecticut Berkeley / Ontra “… We are highly pleased with the auction results as well as the response to the many stages of marketing utilized during this auction process.” – Sara A. White Ontra, Inc. over 700 assets, 3 states $50,000,000 – 90% of Broker Price Opinion

67. Farmers & Merchants Gulf Shores, Alabama Over 50 Commercial & Residential properties and 1000 acres Bank Liquidation Sale