8 PHANG NGAa) bird view PICTURES:

b) SIZE AND LAND TITLE:in total 500 rai (800'000 m2 or 80 ha or 198 acres). no pre contract. all chanote title, which allows immediate construction and is the safest possible title.

LAND TYPE:structure: the land is mixed out of flat land, slight slope and steep land. mainly forest and grass land, some coconut trees. healthy soil.borders: east: forest and grass, privately owned

south:west: forest and grass, slight slope, privately ownednorth:

unique: excellent mix of flat and slope, stunning view to nearby phuket and parts of phang nga bay's lime stone cliffs, excellent price, one hour from phuket airport.

d) FINANCE:500 rai are 1.5 million baht per rai (43'950 USD) total: 750 mio baht (22 mio USD) (negotiable) option: east of the land, but with another property in between, is another 170 rai plot for sale, for 1.3 million baht per rai = 221 mio baht or 38 mio USD

TOTAL: 500 rai = 750 mio Bt = (price per m2 = 27.5 USD = 900 baht)

1.6 mio USD

minus revenue during first 3 years of operation

e) perfect for any kind of hospitality project; resorts, hotels, villa property. a small marina could be easily realized and would allow private villas with own "yacht garage".since the plot is very close to the airport approach corridor there are lots of airplanes visible. even though they can hardly be heard we know of course that approach corridors can change at anytime and may also go over the property in the futurey. mainly for this reason the property is, although very beautiful, not really suitable for THE SOURCE.

f) restrictions for THE SOURCE: airport approach corridor relatively close, no sandy beach. long raining season (same as phuket), therefore very short high season.the beach front is mainly mangroves and would therefore be highly suitable for a small marina in combination with private villas, resort. the permission from the marine department is though noteasy to get and it will take time. since we don't have a pre contract we would have to act quickly, as i expect this plot to sell fast.

g) i have chosen the area of khanom for THE SOURCE for various reasons, one of them being the location in the golf of thailand with only 2 months "monsoon" season with rough sea and heavy rain.the andaman sea, where phang nga is located, has a much longer raining season and 6 months of the year a very rough sea. even though the property is somehow protected by phuket and the sea is therefore calmer, the season is still very short.the second plot for sale, on the map below on the right side (170 rai) is less expensive and has a small sandy beach. the price is actually still very reasonable and it may make sense topurchase both properties, having as a long terms strategy in mind to purchase the property in the middle one day too, should it ever be for sale. (this plot has only nor sor sam kor title)however, given the excellent price and beautiful location a purchase of the main plot is highly recommended.

h)

IDEAL PURPOSE:

total equity requirements for the first 6 years: 64.29 mio USD

45.39 mio USDexpected net profit of all profit centres from year 3 of operation on is around 5 mio USD per year. should we receive the initial funds "a fonds perdu" this profit would go to 100% into the foundation.should an investor decide to lend us the funds as an interest-free loan we would be able to pay back not less than 3 mio USD per year. this would still allow us to invest in research, education

30.1 mio USDoperation cost during construction (3 years):operation cost during first 3 years of operation: 10.59 mio USD

and free health care for people in need, as it will be mentioned in the statutes of the foundation.

purchasing price:

additional PICTURES:

sea, view to close by phuket

forest, top of the mountain, privately owned

remaining equity demand for the first 6 years:

RESTRICTIONS / RISKS:

FINAL REMARKS:

FIND ADDITIONAL PICTURES AND MAPS WITH THE LAND TITLES ON THE NEXT PAGES BELOW:

18.9 mio USD

(800'000 m2 or 80 ha) 22 mio USDfinancial projection: land purchasing price: 22 mio USD

construction of all buildings (hotels, villas etc.):

this plot is the one for sale this plot belongs to a construction company this plot is for sale toofor 1.5 million baht per rai for the time being not for sale for 1.3 million baht per rai

above:

view over the property with phuket in the back

left:

view from sarasin bridgethe property is in yellow color (red arrow points at it)

left:

view to the east, phang nga bay

below:

view from the beach up