liphCom Consolidated Financial Statements December 31, 2010 and 2009 EFTA00293562 AliphCom Index December 31, 2010 and 2009 Pairg$ Report of Independent Auditors 1 Consolidated Financial Statements Balance Sheets 2 Statements of Operations 3 Statements of Stockholders' Equity 4 Statements of Cash Flow

iphCom Consolidated Financial Statements December 31, 2009 and 2008 EFTA00293531 AliphCom Index December 31, 2009 and 2008 Page(s) Report of Independent Auditors 1 Consolidated Financial Statements Balance Sheets 2 Statements of Operations 3 Statements of Stockholders' Equity 4 Statements of Cash Flow

nd Termination of Partnership 37 Sec. 7.01 Duration 37 Sec. 7.02 Termination 37 ARTICLE VIII Tax Returns; Reports to Partners 38 Sec. 8.01 Independent Auditors 38 Sec. 8.02 Filing of Tax Returns 38 Sec. 8.03 Tax Matters Partner 38 Sec. 8.04 Reports to Current Partners 38 Sec. 8.05 Reports to Part

Consolidated Financial Statements December 31, 2010 EFTA00284269 Fortress Value Recovery Fund I LLC Index December 31, 2010 Page(s) Report of Independent Auditors Consolidated Financial Statements Consolidated Statement of Assets, Liabilities and Members' Equity 2 Consolidated Condensed Schedule of Investme

ing and similar laws or to prevent the assets of the Fund from being considered "plan assets" for purposes of ERISA and the Plan Asset Regulation. Independent Auditors Dixon Hughes Goodman, LLP, or another nationally recognized firm as selected by the General Partner in its sole discretion. Placement Agent for th