HOLA

1. Dominican Republic MARINA GRANDE RESORTS MARINA GRANDE HOTEL/CASINO MARINA GRANDE – YACHT CLUB, MARINA MARINA GRANDE – CANAL VILLAS AND CONDOMINIUMS

2. Dominican Republic Map & General Info MARINA GRANDE RESORTS Population: 8,562,541 (2002 census) Territorial Division: 32 Province s Monetary Unit: Dominican Peso (1.00 US = RD 34) AVG Temperature: Min 23.3° C - Max 32° C Government Type: Representative Democracy Official Language: Spanish Official Religion: Catholic Alphabetization: 84%

3. MARINA GRANDE RESORTS DEVELOPMENT PLAN ON 54 ACRES PROPERTY WITH 1 KM OF BEACH

4. GENERAL PLAN FOR 120 BOATS MARINA MARINA GRANDE RESORTS

5. RENDERINGS

8. CONDOMINIUMS Spacious residences and extra large terraces with ocean view, will blend a perfect balance between indoor living and outdoor enjoyment, evolving around prime quality material to pamper the senses of the discerning buyer. From our lobby with gym and business center to our Beach Club with restaurant and bar, every detail has been considered so the final buyer can take full advantage of a luxury Caribbean life style.

9. VILLAS: 42 UNITS 4200 SQ. FT. ( 390 SQ. MTRS.) EACH VILLA WILL BE ON A MAN MADE CANALS WITH INDIVIDUAL BOAT DOCKS, SWIMMING POOL. 6 MODELS WILL BE AVAILABLE

10. FINANCIAL COSTS/REWARDS (US $) COSTS QTY $/M2 M2 TOTAL M2 COST SALES LAND INCLUDES ALL PRE APPROVALS PROM THE GOV. 1 175,000 175,000 $ 7,500,000.00 INFRASTUCTURE 1 DESIGN ENGINEERING $ 350,000.00 2 LAND CLEARING $ 500,000.00 3 ROADS $ 2,000,000.00 4 SEWAGE PLANT $ 3,800,000.00 5 ELECTRIC GENERATOR $ 2,800,000.00 6 SEWAGE SYSTEM DESTRIBUTION $ 800,000.00 7 WATER DESTRIBUTION $ 800,000.00 8 UNDERGROUND POWER DISTRIBUTION $ 750,000.00 CONSTRUCTION ARCHITECTURAL AND ENGINEERING $ 350,000.00 1 BEDROOM CONDOMINIUM 176 M2 96 $ 1,187.50 176 16,896 $ 20,064,000.00 $ 62,400,000.00 2 BEDROOMS CONDOMINIUMS 195 M2 80 $ 1,205.13 195 15,600 $ 18,800,000.00 $ 58,000,000.00 3 BEDROOMS CONDOMINIUMS 299 M2 100 $ 1,220.74 299 29,900 $ 36,500,000.00 $ 112,500,000.00 3 BEDROOM PENTHOUSES 24 $ 1,228.32 346 8304 $ 10,200,000.00 $ 27,240,000.00 COMMON AREAS/SHOPS/RESTAURANTS 1 $ 2,000.00 3600 $ 7,200,000.00 GROUNDS, POOLS , ELEVATORS ETC $ 7,100,000.00 CABANA CLUB, MAINTANACE BUILDGS $ 2,200,000.00 VILLAS ON A CANAL WITH OWN BOAT DOCKS 42 $ 1,320.51 390 16380 $ 21,630,000.00 $ 63,000,000.00 (3 BEDROOMS, 3.5 BATHROOMS) TOTAL DEVELOPMENT/CONSTR. COST $ 143,344,000.00 $ 323,140,000.00 LESS 5% SALE COMISSION $ 16,157,000.00 TOTAL SALE LIVING AREAS $ 306,983,000.00 SALE OF HOTEL/CASINO DEVELOPER, PROPERTY ONLY $ 10,000,000.00 SALE OF MARINA TO A DEVELOPER $ 2,500,000.00 TOTAL SALE $ 319,483,000.00 LESS DEVELOPMENT/CONSTRUCTION COST $ 143,344,000.00 NOTE: PRE CONSTRUCTION SALES WILL START IMIDIATLY UPON COMENCING OF THE PROJECT GROSS PROFIT $ 176,139,000.00