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1,310 $.81-0•1 Lauds Eslintmed Value Kier &meat 05,706,000 5201,146 43,114,614 Bulk Land (Locking Cranny* Mix) 19,100.000 11.798,988 301.012 Development Projects Duke IV 2,266.332 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,

76 Pav to the Order of To order visit us at: www.clarkeamerican.com Cr call 1.800.355.8123 Dato Watem sumowa OM TRUST COMPANY CHARLOTTESVILLE. VIRGINIA VWN, MD 20876 BBSZT MMCM SA Mr ASO Wam COOMPAM• CHARLOT TESVI-L.E. VIRGINIA EFTA00261031 01/30/2005 10:35 FAX 5149308325 THE NEW ALBANY co.

Seft-Ont Loads Estimated Value after dtconnt 95,706,000 52,671,386 43,114,614 Bulk Land (Licking County I Misc) 19.100,000 18,798,988 701.012 Development Projects Duke IV 2.266332 2.144.000 122.332 Market Squat (12/31/2034 value reflect mortgage) 3,054.000 6,783626 (3,731.626) Duffy Condo IV 750.000

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310 Sell-Oat Leeds Eadated Vane after tenet 95,784,•00 52471,386 43,114,614 Buie Land (Licking County & Miser) 19.100.000 14,798,988 101,012 Development Projects Duke 11./ 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