t to see: • IRR of 15.4°/0 • Invested capital Payback within 7 years, or 3 years after the first film release • Subsequent equity returns after Payback point, as fund start-up and initial production/development costs have been recouped Under an Upside Scenario, equity investors can expect to see:

an official selection in competition at the Karlovy-Vary International Film Festival in 2009. In 2010 he is shooting the documentary adaptation of Payback, Margaret Atwood's Massey Lecture on debt. EFTA_R1_00019625 EFTA01735589 KERMIT BLACKWOOD (Lead Writer/Creative Director) Kermit Blackwood gradu

an official selection in competition at the Karlovy-Vary International Film Festival in 2009. In 2010 he is shooting the documentary adaptation of Payback, Margaret Atwood's Massey Lecture on debt. EFTA_R1_00019675 EFTA01735599 KERMIT BLACKWOOD (Lead Writer/Creative Director) Kermit Blackwood gradu