583 143.760 shares of Series One Preferred Stock Wise Systems Inc. United States Corporation July II. 2017 S204.235 Convertible promissory note Total Investments $7,563,171 (I) U.S. Tax Basis is equal to the original purchase price of each investment plus capitalized costs. accumulated Original Issue Discoun

STMENTS The following table represents Apollo's investments: December 31. December 31. 2011 2010 Investments. at fair value Other investments Total Investments $ 1,552,122 $ 1.637.091 305.343 283.462 1.857.465 $ 1.920,553 188 EFTA00623580 Table of Contents APOLLO GLOBAL MANAGEMENT, LLC NOTES T

ted Entities Appendix D -Schedule of Transfers to Selected Investments - December 31, 2011 Date US News and World Repat- Prime Axle Amount 2(07 Total Investments in US News and World Report - Prime Axis for 21107 -5,550,003 2008 Total Investments in US News and World Report - Prime Axis for 2008 -934,543