5.  30 room nights COMPLIMENTARY STAY every year Transferrable (please give Authorization Letter to Property Manager) Can be used in other Sta. Lucia Hotels / Condotels in the Philippines  RENT REVENUE – Quarterly Dividends  STA. LUCIA LAND is currently operating 3 condotels : 2 in Mactan (Sotogrande & La Mirada) and 1 in Quezon City (La Breza)  STA. LUCIA formed a Property Management group & charges only 30% management fee to ensure profit for its investors. Others charge 40% - 60% management fee.  15 Year CONDOTEL MANAGEMENT CONTRACT  Management Group takes care of all maintenance of the unit, taxes, etc.  Property Management now have tie-ups with agoda.com, booking.com, expedia.com, orbitz.com, asiaroom.com, hotels.com, etc.

6. ONCE THE HOTEL / CONDOTEL IS OPERATIONAL, UNIT OWNERS CAN START GETTING DIVIDENDS PROVIDED THAT: ONCE THE HOTEL / CONDOTEL IS OPERATIONAL, UNIT OWNERS CAN START GETTING DIVIDENDS PROVIDED THAT: THEY HAVE PAID THE REQUIRED FULL DOWN PAYMENT FOR THE HOTEL / CONDOTEL PROJECT THEY ARE A BUYER OF GOOD STANDING : MEANING THAT THE BUYER IS RELIGIOUSLY PAYING HIS/HER MONTHLY AMORTIZATION EVEN THE HOTEL/CONDOTEL IS NOT YET OPERATIONAL. (Postdated Checks [PDC’s] are required to start being entitled to dividends)

7. INCOME PROJECTIONS – 114 condotel units TOTAL ROOMS114PROJ. MONTHLY REVENUE5,704,037.50 Days/year365less: Expenses2,300,000.00 TOTAL ROOM NIGHTS/YR41,610.00Income before Mgmt Fee3,404,037.50 Occupancy rate47%less: 30% Mgmt Fee1,021,211.25 AVERAGE RATE/NIGHT19,556.70Net Income per Month2,382,826.25 Proj. Average Room Rate3,500.00Total Condotel Floor Area4,290.60 Porj Gross Annual Revenue68,448,450.00Projected Income per square meter555.3596816 Number of Months/year12Average Unit Size (sq.m.)31 Average Gross Hotel Revenue/mo.5,704,037.50Average Income per unit17,216.15 less: Association Dues/unit1,550.00 PROJECTED INCOME BEFORE TAXES/UNIT/mo.15,666.15 PROJECTED ANNUAL CASH INCOME/UNIT187,993.80 less: Real Property Tax per unit (5% - 8%)15,039.50 PROJECTED CASH NET INCOME172,954.30 Add: Value of 30 room nights (Php 3,500/night)105,000.00 PROJECTED NET INCOME/ANNUM/UNIT277,954.30 VALUE OF UNIT 3,200,000.00 ROI 8.56%

8. CEBU CITY HOTELS OCCUPANCY RATES 665 hotels in Cebu 18,009.00 rooms (50% in City; 50% Mactan) 6,573,285.00 rooms per year 2,548,976.00 2011 arrivals 39% average occupancy rate of Cebu City hotels/year 55% average occupancy of Mactan Hotels/year 16% higher than Cebu City hotels

9. MACTAN HOTELSRATINGOCCUPANCY Shangri-la Spa & Resort*****57% Movenpick Resort & Spa*****51% BE Resorts Mactan*****48% Abaca Boutique Resort*****45% Hilton Cebu Resort & Spa*****48% Crimson Beach resort & Spa*****46% Palm Beach*****45% TOTAL 435% AVERAGE OCCUPANCY OF 5 STAR HOTELS55% MACTAN HOTELS OCCUPANCY RATES Source: Dept. of Tourism Regional Office

10. UNIT TYPESAVE. PRICE/UNIT AVE. AREA (SQ.M.)AVE. CURRENT RENTAL RATE/MO. Studio2.8M31.0525,000 - 30,000 1 Bedroom5.7M6240,000 - 45,000 2 Bedroom6M to 9M65 - 9750,000 - 60,000 CONDOMINIUM RESIDENTIAL UNITS  Sta. Lucia will accredit “REPUTABLE” brokers from Cebu with expertise on condominium rental  This is more advantageous versus only 1 company handling all rental of unit owners.