PHAIDON - REGAN ARTS - ARTSPACE

PHAIDON - REGAN ARTS - ARTSPACE PROJECTED OUTLAYS GRAND TOTAL INFLOWS FY2014 FY2014 OCT NOV DEC TOTAL FY 2015 FY 201S FY 2015 FY 2015 fY 20IS JAN FEB MAR APRIL MAY OUTFLOWS BY DATE APO 2 ONLY ARTSPACE 3,050,000 100,000 100,000 500.000 250,003 200,000 325,000 0 AP02 - 85.075% PHAIDON PRESS GBP MP 2,250,000 GM 750,000 (GOP 1.000.0001 'GBP 500,000) APOI- 14.925% 1.6 1.6 1.6 1.6 1.6 6,480,000 5 3,600,000.00 S 1,200,000.00 4,800,000 $ 11,600,000) 5 (800,000) $ APO2 - 85.075% REGAN ART 5,355,125 448,500 459,958 908,458 351,458 362,917 362,917 374,375 374,375 APOI- 14.925% PIMMON DRAWS ON UNE Of CREDIT • MONIES NOT REPAN) TO TRUSTS • RETAINED BY PHAIDON GLOBAL AMOUNTS IN MM'S APO 1 10 14.9254% APO 2 se 80.5970% CST 1997 TR 3 4.4776% 85.0746% 67 ASSUME APO 2 TO FUND FOR 1997 CST TRUST EFTA00607784 PHAI DON- REGAN ARTS - ARTSPACE FY 2015 íY2015 íY2015 íY2015 íY2015 íY2015 íY2015 PROJECTED OUTLAYS TOTAL INFLOWS JUN JULY AUG SEP OCT NOV DEC OUTFLOWS BY DA1 APO 2 ONLY ARTSPACE 300,000 400,000 150,000 500,030 100,000 100,030 125,000 2,950,000 AP02 - 85.075% PHAIDON PRESS (CO3P 050,0001 68P2,100,000 GRP 900,000 APOI- 14.925% 1.6 1.6 1.6 S (720,000) S 3.360.00100 $ 1,140,000.00 1,680.000 AP02 - 85.075% REGAN ART 374,375 374,375 370,375 374,375 374375 374,375 370,375 4,446.667 APOI- 14.925% AMOUNTS IN MM'S APOI 10 APO 2 54 GS7 1997 TR 3 67 ASSUME APO 2 TO FUND FOR 1997 GS7 TRUST EFTA00607785