Net Property Group (NPG) acquires and redevelops underperforming retail properties, increasing their value and profitability. NPG has a proven investment strategy of locating off-market deals, determining redevelopment potential, securing financing, rehabilitating properties, and re-tenanting them. NPG then stabilizes the properties and either holds them as income-producing assets or sells them. NPG has achieved average annual returns of 25% since 2000 and its portfolio is estimated to be worth $62.3 million.

1. Net property groupNPG FIRM OVERVIEWREAL ESTATE DEAL FORUMJULY 16, 2009Tony DigganNet Property Group116 Route 22North Plainfield, NJ 07060Email: tdiggan@netproperties.usOffice: 908.226.0123Cell: 609.947.2732

2. NPG Firm OverviewIntroduction to Net Property Group2Net Property Group (NPG) is an active owner/investor in retail real estate with a tradition of success. We are very adept at identifying and acquiring underperforming commercial properties and redeveloping and re-tenanting those properties into stable, profitable, income producing properties. Our in-house team includes property management, construction management, accounting, legal and finance functions.

3. NPG Firm OverviewNPG Advantages3Performance data provided in this presentation is based on internal NPG calculations as of 4/15/2009. The performance data is based on the investment history of NPG. This information is provided for illustrative purposes only. We are not recommending or soliciting any action based upon this material.

4. NPG Firm OverviewNPG’s Proven Investment Strategy4Leverage Managing Partners’ Networks to locate off market deals

5. Well located properties with financial or management issues and/or functional obsolescence

6. Determine Market Viability/Tenant Interest

7. Quantify Value Add OpportunityNPG Firm OverviewNPG’s Proven Investment Strategy5Due Diligence/Confirmation of Market Viability/Tenant Interest

8. Secure Debt FinancingNPG Firm OverviewNPG’s Proven Investment Strategy6Rehabilitate

9. Retenant

10. StabilizeNPG Firm OverviewNPG’s Proven Investment Strategy7Dispose

11. Hold for follow on investment

12. Hold for current incomeNPG Firm OverviewNPG’s Proven Investment Strategy8Conservative estimate of NPG portfolio value is $62.3M (estimate of partner’s collective holdings is $150M)

13. Average year over year growth of 25% since Year 2000Performance data provided in this presentation is based on internal NPG calculations as of 4/15/2009. The performance data is based on the investment history of NPG. This information is provided for illustrative purposes only. We are not recommending or soliciting any action based upon this material.

14. NPG Firm OverviewNPG Advantages9NPG’s investment strategy has achieved average year over year growth of 25% since 2000.Performance data provided in this presentation is based on internal NPG calculations as of 4/15/2009. The performance data is based on the investment history of NPG. This information is provided for illustrative purposes only. We are not recommending or soliciting any action based upon this material.

15. NPG’s Value Added Retail Investment Track RecordNPG Firm Overview10Total Value Added (Total Return) by Period5 Year Period11 Year PeriodPerformance data provided in this presentation is based on internal NPG calculations as of 4/15/2009. The performance data is based on the investment history of NPG. This information is provided for illustrative purposes only. We are not recommending or soliciting any action based upon this material.

16. NPG Firm OverviewNPG’s Value Added Retail Investment Track Record11Table of NPG Portfolio ReturnsPerformance data provided in this presentation is based on internal NPG calculations as of 4/15/2009. The performance data is based on the investment history of NPG. This information is provided for illustrative purposes only. We are not recommending or soliciting any action based upon this material.

17. NPG Firm OverviewNPG’s Value Added Retail Investment Track Record12Example InvestmentAfterBeforePerformance data provided in this presentation is based on internal NPG calculations as of 4/15/2009. The performance data is based on the investment history of NPG. This information is provided for illustrative purposes only. We are not recommending or soliciting any action based upon this material.

18. NPG Firm OverviewNPG’s Value Added Retail Investment Track Record13Example InvestmentAfterBeforePerformance data provided in this presentation is based on internal NPG calculations as of 4/15/2009. The performance data is based on the investment history of NPG. This information is provided for illustrative purposes only. We are not recommending or soliciting any action based upon this material.

19. NPG Firm OverviewNPG’s Value Added Retail Investment Track Record14Example InvestmentAfterPerformance data provided in this presentation is based on internal NPG calculations as of 4/15/2009. The performance data is based on the investment history of NPG. This information is provided for illustrative purposes only. We are not recommending or soliciting any action based upon this material.

20. NPG Firm OverviewNPG’s Value Added Retail Investment Track Record15Example InvestmentAfterBeforePerformance data provided in this presentation is based on internal NPG calculations as of 4/15/2009. The performance data is based on the investment history of NPG. This information is provided for illustrative purposes only. We are not recommending or soliciting any action based upon this material.

21. NPG Firm OverviewNPG’s Value Added Retail Investment Track Record16Example InvestmentAfterPerformance data provided in this presentation is based on internal NPG calculations as of 4/15/2009. The performance data is based on the investment history of NPG. This information is provided for illustrative purposes only. We are not recommending or soliciting any action based upon this material.

22. NPG Firm OverviewNPG Advantages17NPG’s disciplined investment strategy has achieved average year over year growth of 25% since 2000.NPG has an established 11 Year track record with yields in excess of 35%.Performance data provided in this presentation is based on internal NPG calculations as of 4/15/2009. The performance data is based on the investment history of NPG. This information is provided for illustrative purposes only. We are not recommending or soliciting any action based upon this material.

23. NPG Firm OverviewNPG’s Deep Industry Experience18Partners have 100+ years of combined experience with retail real estate.