Epstein Secrets

uded Pmpatits as of 1/1/2002, the ESC appraisal done in 2001 only included "Managed Pnaperties". Approximately 1,000 saes wee : not included in the E & Y appraisal bccause they were identified before the appraisal at Excluded Ptoperties. In addition, a significant portion of the acres (approximately 1

66.332 2.144.000 122,332 Market Square (12/31/2004 value reflects rnortgage) 3,054,000 6.785,626 (3.731,626) Duffy Condo IV 750,000 750,000 Signature Office (to be transferred to Excluded Properties) 700,000 700.070 IV (Value/Payment included in Cub Flow keen Mewed Proputia) MOOD (600,000) New Alban

ded Propenies u of 1/1/2002, die Edit'!' apptaisal done In 2001 only Included "Mainged Properties". Approximmely 1,000 ass wee : nor induded in the E & Y appraisal because Sy west ickottfled *fon the apprakialm Exduded Ropertia. In addition, a dgnificant portion of dm ses (appecurknately 10001 lodude

V 2,266.332 2.144.000 122,332 Market Square (12/31/2004 value reflects mortgage) 1,054103 67135.626 (3731476) Duffy Condo IV 750.000 750020 Signature Office (to be tranticired to Excluded Probated 700.000 700901 1PI IV (Verve/Payment included in Cash Flow Nom Managed Properties) - 600,000 (600,000)

cluded Properties as of 1/1/2002, the ESC appaial done in 2C01 only inckaled "Managed Properties". Appel:adman* 1100 rises wet : not itlauded m the E & Y appraisal because they at identified beta the appraisals' Exchaded Properties. In addition, a significant portion of the oats (appatecirnately 1000

./ 2.266.332 2.144,000 122,332 Market Soar ( a/31/2004 value refleme mortgage) 3,054,000 6285.626 (3,731.626) Duffy Condo 1V 750,000 750000 Signature Office (co be transferred to Excluded Properties) 700,000 700.000 WI JV (Value/Paynent included in Cash Flow from Mated Properties) 600,00) (600.000)