600.000) New Albany County Club (Assumed Value u zero as of 12/31/2004) 4,000.003 (4,030000) Esilwated Value of Managed Prepertke Remaining before Coulfaigency $ 121,636,332 S $5,000,000 $ 36,656,332 Contingency and GRA Adjustment (23,148,030) - (23.140.030) Estimated Value of Managed Properties Remain