ISORS IV. LP SUMMARY OF DISCOUNTED FUTURE CASH FLOWS AS OF JUNE 6. 2007 2007 PROJECTED CASH FLOWS 2008 2009 Anticipated Carried Interest from AIF N "." $43,614,412 $190,236,883 $120,000,000 Pro Rata Share of AN IV Direct Interest Profit —1 $6,855,742 $27,734,892 $16,666,667 Aggregate Taxabl