AIR GHISLAINE INC.

AIR GHISLAINE INC. S-76C++ Contract No: S76TD6167A SALES ANALYSIS Running Date Amount Balance 12/18/2007 Deposit - 20% paid by JEE 2,330,000 2,330,000 12/31/2008 Interim Payment paid by 1031 intermediary 6,880,000 9,210,000 12/31/2008 Interim Payment paid by 1031 intermediary 1,220,000 10,430,000 ???? Final Payment due by 12/14/09 1,220,000 11,650,000 ???? Potential reduction for WIFI (275,000) 11,375,000 Total Sikorsky Cost 11,375,000 Add: Extras Tai Ping Carpet 11,991 Tai Ping Carpet Credit (3,000) Total Sikorsky Cost with Extras 11,383,991 Sales Price 12,000,000 Total Cost with Extras and WIFI reduction 11,383,991 Less: Sales Broker - George 150,000 I Net Capital Gain - Air Ghislaine WITH WIFI reduction 466,009 Net Capital Gain - Air Ghislaine WITHOUT WIFI reduction 191.009 Facts a) Total purchase price per contract is 11,650,000 b) Penalty of $50,000 per day for completion begins 12/14/2009 c) Above purchase is part of like kind exchange and funds remaining with intermediary are 4,389,409 as of the last statement received on 8/11/2009 EFTA00729530