ASSET SUMMARY 6/30/13*

ASSET SUMMARY 6/30/13* Leon & Debra Black LDB 2011 LLC 1997 Black Family Trust 2006 Trust Judah 2009 Trust Black Family Partners 7.4% interest in BFP S 202mil 7.2% Interest In BFP $196rnil 4.7% Interest BFP $127 mil 71.5%Int In BFP/ LBF$1.O5bll 9.2% Interest In BFP $252 mil Cash $ 25 mil (Notepayable to 2006Trust $21m4) Art $1.68bil M at Cost $47 mil An at Cost $293 mil Art at cost 576 ml 44%Interest BRH Hldgs$2.23b11 Bronzes.books,ccilechbles$361mil Cash at US Trust $42.6mil HH Personal Properly $39mil Cash at JP Morgan $1 mil Cash at US Trust $0.7 mil Apollo Colnvest III $2.0 mil Cash/Stocks at BS/JPM $1.5mil Apollo Investment Corp $ 6.1mil Apollo Colnvest IV $0.6mil Cash at USTrust Srsm il ii Casti&Mkt Sec at JPM $ (Note payable due to BFP$169mil) Stocks held at JPM $5 mil Investment PartnerShiCe:$20.6 mil (Note payable to BF? $52mil) (Note payable to LEIF $27mil) Apollo Credit Oppor Fd $122 mil Note due from 2009Trust Wrnil Apollo Colnvest V $4.7 mil Apollo Colnvest VI $40.4 mil Apollo Value Colnvest $7.7 mil AP Technology PartnersLLC 0.6 Note due Sr 2011 Trusts Sterne SOMA Colnvest $2.7 mil Marketable Securities: $l4mit AP SHL Investors LLC Mathel2MPtifiCilillift2: $10.4 mil Note due from 1997 Trust $27mil AP Alternative Assets $0.6mil AP Alternative Assets $13.9mil Apollo RE Investment Fund BlueStar I. LLC 50.133 mil AP InvestmentEurope Ltd 524k AREIF III Transfer Members LLC Buckingham RAF Ptrs $10.5 me Marketable Securities:498 mfi OHM Investors 2012 Trusts: Lone Cascade LP $30.4mil Starfire $25mil M•Clift Partners .231 Phaldon Investment $54mil Tron Trust $5mil King Street Capital $8mil Avioneta Holdings $25mil Microbes Investors LLC Yggdrasil Trust 55mil AINV shs cgs! fr AIC $5.8mil Remeinderman Investors LLC .3 101 Warren Street Apt $3.5mil Gandalf Trust 55mM Anchorage Capital Ptrs $15mil Investment Partnershios$3mil AREIF Colnv IV Rollo Tanasl Trust $5mil Millennium Group 521.8m11 Apollo IF/EU Advisors&Colnvest Viroproto Investors LLC Investment PartnersNos: $8.0mil Mallory Trust $4mli CanyonValueRealization $17mil Apollo Advisors III Motto FCI Colnv 18.0 Apollo Advisors II Rally Labs $ 200k Apollo Men Advisors Apollo Investment Fd AREIF III Colnvest LLC Northgate Hldgs $151k Apollo Men Colnvestors Searchlight Capital 0.5 AREIF IV Colnvest LLC Excelsior Advisors Apollo RE Advisors IV. LP Investment Partnerships:$5GnM Apollo El II Colnvest LLC Phaldon Investment Wind Apollo RE Advisors III, LP ICrele LLC $1.6 mil Apollo RE V Colnvest LLC AP Energy Partners Knowledge Universe LP$33.7m$ Apollo Real Estate Cap Partners (Note pay due '08 Tr $10.2mil) Dune Real Estate Fund LLC 1.7 Wolfensohn Cap Pus $2.7mIl Apollo Real Estate Fund LP Gifthorse Pus LW .227 SustainableWoodands $18.8mil AP AR Holdco 02 Quadrangle Cap Ptrs 11 4.1 HAO Capital Fund LP $3.5m11 AP Technology 0.055 Markstone Cap Ptrs .237 AP SHL 0.02 ProQuest Investments .114 Note due from LDB $169mi Residual Inv Corp l&II Blue Sunshine Note due from Narrows $25m11 Pegasus Partners LP .052 Note due from PLB LLC $32mil Multiple Theatre related LLCs 1997 Black Family GST Exempt Tru I Note due from 1997 Trust $52mil Real Estate: $103mil Cash at US Trust $ 0 I Cony note-Rgenbc 5100k Use Insurance cash value$23.2mi1 Phaidon investment Same Total Value S2.314 bil Total Value S 265mil Total Value $422 mil Total Value $2.256 bil Total Value S255mi1 Total Value $2.73b11 'AGM shs at $24.10, marketable securities valued at 6/28/13 Investment Partnerships based on most recent K-1 where interim mkt values are not available ASSET TOTAL $5.4b11 Liabilities: An Loan $390 mil Avioneta 23.2mil NET WORTH $5.0 bil EFTA01127889 Net Worth Statement of Leon D. Black As of June 30, 2013 Prepared: July 26, 2013 EFTA01127890 Net Worth Statement - Leon D. Black As of June 30, 2013 Personal Assets Liquid Assets - Investment Accounts U.S. Trust Cash Account JPM Cash/Marketable Securities Receivables Note due from SH Meadow Lane LLC 2009 GRAT Annuity Receivable due 8/12/13 Investments Works of Art-held through Art Entities Collectibles (bronzes, canes, rare books) Black Family Partners LP (7.4% interest) Various Investment Partnerships-schedule attached AP Alternative Assets AP Investment Europe Avionetta LLC (Leon's 50.1%)) BJAV Marine Ltd. (Starfire-yacht) Other-AIF IV Management Inc (split dollar rights) Real Estate - Personal Real Estate Tangible Personal Property Household Personal Property Automobiles $ 1,819,554 6,549,618 830,000 10,058.800 $1,684,975,389 361,264,112 202,854,374 2.720,424 13,854,962 24,684 12,525,000 25,000,000 23.167,731 103,000,000 $38,540,709 $419,428 Total Personal Assets $ 2,487,604,7851 Personal Liabilities Loan payable-Bank of America-secured by works of art Loan payable-Bank of America-Avioneta Hldgs (50.1%) Note Payable to Black Family Partners Total Personal Liabilities 4st-sat (390.000.000) (11.635.725) (169.000.000) Lw Lityl.L.,≤}2W1 Total Net worth Page 1 of 1 EFTA01127891 Net Worth Statement - Leon D. Black Art Entities & Tangible Personal Property; Detail.' iArt:Eriti*I3 - Narrows Holdings, LLC Fine Art Narrows Holdings, II, LLC Fine Art Pent Holdings, Inc. Fine Art Total' Entiti*s (Collectibles, Rare Books Walking Sticks/Canes Chinese Bronze Collection 6: ~ "~ColkcUf~les ;f : ris;6cii Furniture and Decorations (all residences)** gfal4trt EPtifieS1WWILM $1,504,975,389 120,000,000 $60,000,000 60,728,062 536,050 300,000,000 -30;264;11Z: 38,540,709 * Excludes Debra's jewelry ** Excludes art hanging on walls, fine art and furniture and furnishings in Bedford field house. Value used is insurance value at 40-50% discount from market value. Page 1 of 1 EFTA01127892 Net Worth Statement - Leon D. Black Black Familypartners - Detail assta18C-ft,T,2Th...t.:RSE Cash U.S. Trust Cash Account $ 25,286,165 30-Jun Marketable Securities Lone Cascade LP 30,466,918 30-Jun King Street Capital 7,904,371 31-May AINV shs dist Ir AIC 4,673,985 30-Jun Anchorage Capital Partners 16,194,845 30-Jun Millennium Group 21,829,962 31-May Canyon Value Realization 17,004,148 30-Jun Illiquid Assets Investment Partnerships: 60,545,660 I-lAO Capital Fund LP $ 3,474,855 31-Mar iCrete LLC 1,335,310 2012 K-1 Knowledge Universe 33,770,566 2012 K-1 Wolfensohn Cap Pits 2,760,198 31-Mar Sustainable Woodlands 18,854,065 31-Mar Rally Labs 200,000 30-Jun Nonhgate Holdings Fund I LP 150,666 30-Jun 44% Interest BRH Hldgs 2,234,724,701 30-Jun Apollo Colnvest III 2,190,983 30-Jun Apollo Colnvest IV 638,851 30-Jun Apollo Colnvest V 7,526,628 30-Jun Apollo Colnvest VI 46,050,974 30-Jun Apollo Value Colnvest 7,690,678 30-Jun SOMA Colnvest 2,673,890 30-Jun AP Alternative Assets 604,766 30-Jun Convertible Promissory Note-Rgenix 100.000 Note due from 1997 Trust 52,000,000 Note due from Narrows Hldgs 25,000,000 Note due from PLB LLC 3,000,000 Note due from LDB 169,000,000 Ialilasowlatto 1744.107,523s; Page 1 of 1 EFTA01127893 Net Worth Statement - Leon D. Black Various Investment Partnership_s - Detail* llncludea Apollo IF/EU Advisors & Colnvest Apollo Advisors III Apollo Men Advisors Apollo Mezz CoInvestors Excelsior Advisors Apollo El II Colnvest LLC Apollo RE V Colnvest LLC Apollo Real Estate Cap Partmers Apollo Real Estate Fund LP AP Capital Propco LLC Apollo Poland RE Advisors AP AR Holdco AP Technology AP SHL Residual Inv. Corp I & II Pegasus Partners LP Multiple Theatre Related LLCs • based on 2011 K-1s - 2012 not yet available yet 772,704 53,416 26,343 56,343 863,011 589,526 215,989 55,096 19,944 52,220 15,832 Page 1 of I EFTA01127894 Net Worth Statement - Leon D. Black Airplane and Yacht Airplane Avioneta Holdings, LLC (parent of Rance Acquisitions LLC) Leon owns 50.1%, Debra owns 49.9% Loan to Banc of America Leasing & Capital Total Avioneta Holdings 'LLC Yacht (Starfire) BJAV Marine Ltd. Total Yacht 25,000,000 (23,226,000) 51:ITOCO 25,000,000 Page 1 of 1 EFTA01127895 Net Worth Statement - Leon D. Black Residences - Detail* 760 Park Avenue 7-8th Floor plus Servant's Rooms $20,000,000 750 Park Avenue Cooperative Apartment Bedford 190.200 Narrows Road (3 parcels)" Southampton 730, 750 and 766 Meadow Lane *** Paradise Valley, AZ 5226 Desert Vista Road 1,000,000 30,000,000 50,000,000 2,000 000 S ios,ogo,gog " Residences are owned Jointly by Leon and Debra unless otherwise indiciated. " Includes value of 190 Narrows Road owned by Debra individually. *" 750 Meadow Lane is owned by Leon individually. Page 1 of 1 EFTA01127896