Boca Terrace Residence Club

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BOCA TERRACE RESIDENCE CLUB TABLE OF CONTENTS

I. EXECUTIVE SUMMARY Location Development Concept The Site Climate Site Area Site Conditions History Accessibility Highway Access II. PROJECT DESCRIPTION Project Overview The Project Program Objective Estimated Costs of Construction, Design and Management Services Construction Sources and Uses of Funds Construction Schedule Summary Sales Returns per Residence Club Infrastructure and Utilities Environmental Matters III. DEMOGRAPHICS Mexico Market Quintana Roo and the Caribbean Market Economic Conditions Timeshare Market IV. DEVELOPMENT TEAM Organization Our Mission Investment Strategy Site Acquisition Land Development V. EXHIBITS Exhibit “A” - Survey of “El Sinai” / “Boca Del Mar” Exhibit “B” - Legal Ownership of Property Exhibit “B-1” - Translation of Document Exhibit “C” - Energy Distribution Access Exhibit “C-1” - Translation of Document VI. APPENDIX Development Site (Aerial View) - Site Plan Detailed Site Plan Conceptual Aerial View House Plan Elevations Floor Plans Conceptual Floor Plans Project Conceptuals

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Boca Del Mar is the latest visionary design by AIHG and the newest luxury resort community in the Caribbean. Far removed from the highly commercialized areas of other tourist destinations, Boca Del Mar provides a unique opportunity not found elsewhere in the Caribbean. Logistically located in the Costa Maya between Mahahual and Xcalak in the State of Quintana Roo, Mexico along the waters of the Mexican Caribbean, this luxury resort community seamlessly blends modern amenities with traditional values to create a serene tropical atmosphere with access to the Caribbean Sea that anyone would be proud to call home. With winding, tree‐covered roads, its desirable location at the foot of the pristine turquoise waters and white sandy beaches of the Caribbean and an environment of tranquility make this integrated luxury resort community both a great investment and the perfect place to live. The property is approximately 3½ hours south from the Cancun International Airport, 2½ hours south from Playa Del Carmen, 1½ hours south of Tulum, 1 hour north of Chetumal (the State’s capital) and 15 minutes from either Mahahual to the north or Xcalak to the south. AIHG combines five projects within the Boca Del Mar site. The master development plan provides five distinct options. A five‐star hotel and spa resort, a private residential community, a timeshare operated residence club, supporting commercial/retail and office uses and a signature golf course and equestrian club. Based on the Specific Master Plan submitted to the Municipality, our entitlements allow for the development of: A multi‐story 200 room resort hotel (100 rooms with Caribbean view,

100 with golf course view) Upscale restaurants A full service spa A business conference center A private residential community comprised of 358 luxury estate

residences A timeshare interval Residence Club comprised of 613 detached

single‐family homes Three commercial plazas A proposed 156 acre, 18 hole signature golf course with practice

facilities, clubhouse and related amenities Open space reserves Swimming pools Tennis courts Equestrian Center Recreation Areas AIHG is currently in active discussions with several fractional resort management companies for the professional branding, sales, management and marketing of the resort area property.

BOCA TERRACE RESIDENCE CLUB EXECUTIVE SUMMARY

Location Development Concept

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The Boca Terrace Residence Club project site is located at the foot of one of the Caribbean Sea’s most beautiful coastlines, the Costa Maya. The Costa Maya is also known as the “undiscovered jewel” of the Caribbean. The area between Mahahual and Xcalak were known as old fishing villages. It has become, in the last 10 years, the most explosive real estate market, the most diversified small tourist destination and one of the most amazing port‐of‐calls for the international cruise industry. Private regional airports, hotels, boutique hotels, cruise port facilities and the development of secondary homes both seaside and inland have earned the Costa Maya the nickname the “Jewel of the Caribbean”. Costa Maya is approximately 680 miles south of Miami, Florida. The weather in Costa Maya, Mexico is comparable to South Florida (West Palm Beach, Fort Lauderdale and Miami). Most days are hot and sunny with high humidity. The average year‐round temperature is 80F. The average year‐round water temperature in the Caribbean is from upper 70’sF to lower 80’sF. The climate is arid with over 300 days of sunshine. The property is approximately 364 acres with more than 1.1 miles of highway frontage on the Mahahual‐Xcalak Highway. The topography on the site is relatively flat, solid, rocky and easily accessible. Dense tree cover and tropical foliage is found throughout the site. This forested area will provide a scenic backdrop for the developed portions of the property. Costa Maya is a region in the state of Quintana Roo, Mexico, the only state with Caribbean Sea. The area borders with Belize, and includes two villages – Mahahual and Xcalak. The Mayan tribe was predominant in the region from 200 BC to 900 AD, when they developed the skills to build the historic cities we know today. During this period, the Mayan people traded a variety of goods, such as fabrics and jade, along the Mexican coast. Because of two openings in the barrier reef, the village of Xcalak in the Costa Maya region was used as a landing point for trade ships. Within close proximity, Costa Maya also gives visitors access to ancient Mayan ruins featuring structures that date back to 500 A.D. These recently discovered sites offer guests a first‐hand look at an ancient Mayan civilization. It is the first Western Caribbean port designed exclusively for the cruise ship industry and is strategically located just hours from Cancun on Mexico's southern Yucatan Peninsula. Resembling an ancient Mayan city, Costa Maya is able to accommodate three ships at once, with the capability to dock Oasis and Epic sized ships, and entertain visitors at a destination that showcases the ancient and colonial heritage of the Mexican Caribbean with all of today's modern conveniences.


The Site Climate Site Area Site Conditions History

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Set against the deep turquoise sea, the cruise port is comprised of three grand pavilions, artisan and shopping areas, a beach club, saltwater pools, fine restaurants and bars, and all the resources necessary to explore the surrounding jungle and coral reefs. It is the region's most complete and diverse port of call, providing cultural, natural and archeological excursions. Costa Maya is one of ten ports in the Western Caribbean and is the winner of Seatrade Insider's “Port of the Year.” International cruise operators currently visiting the port include: Carnival Cruise Lines Celebrity Cruise Lines Cunard Fred. Olsen Cruise Lines Holland America MSC Cruises Norwegian Cruise Line Ocean Village P&O Cruises Regent Seven Seas Cruises Royal Caribbean International Windstar Cruises Cancun International Airport receives more than 200 flights every day and is Mexico’s second busiest airport but the biggest in Mexico and Latin America for international passengers. In 2010 Cancun airport handled over 12 million passengers. The airport has been expanding as it has become one of the most important international airports in the country. It has two operative runways that are 1,500m apart which allows them to be used simultaneously, and three commercial terminals. Terminal 1 is used by charter airlines from North America, including domestic charter airlines. Terminal 2 is used by some international airlines, as all of the scheduled domestic airlines, and new Terminal 3 handles primarily international operations of airlines from North America and Europe. A new international airport due to start operations by the end of 2012 is presently under construction in Tulum, approximately 1‐1½ hours north of Boca Terrace Residence Club, to shorten the distance and provide greater accessibility to the Costa Maya region. From the Cancun International Airport the development is accessed from Federal Highway 307 which spans north to south through the entire State of Quintana Roo. It begins in Cancun and ends in Chetumal, the state’s capital. Federal Highway 307 South connects with Highway Cafetal‐Mahahual East, which also connects with the Mahahual‐Xcalak Highway South to KM. 25 adjacent to the development site. Travel time between the airport and the development site is approximately 3‐3½ hours. Rental car companies such as Hertz, Avis, National, Budget, Dollar, Eurocar, among others may be contracted at the airport. Buses are also available.


Accessibility Highway Access

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Boca Terrace Residence Club is located in the Costa Maya region in the Municipality of Othon P. Blanco, State of Quintana Roo, Mexico, the only state with Caribbean Sea. It is approximately 680 miles from South Flor‐ida. Costa Maya is currently the hottest real estate market in the world. The region’s geography is a dynamic mix of colorful tropical landscape, white sandy beaches and exotic wildlife. Although Spanish is the official language of the region, English is widely spoken. AIHG plans to build, market and sell a 613 key upscale luxurious residence club with commensurate amenities managed by an internationally recognized Timeshare Management Company. The concept of selling timeshare intervals in the residence club will provide many significant benefits for the Fractional Interest Owners such as: 1. Significant legal reduction in income taxes. 2. Owning luxury property in the Caribbean. 3. Significant potential for future capital gain. 4. An approximate 560% return through timeshare interval sales. 5. Significant potential for future income in on‐going business. 6. Significant potential for future appreciation of the property. 7. Owning a secure, tangible, hard asset that “can never go to zero”. The project is a fully integrated and comprehensive luxury resort residence club. It centers around 613, 2 story single‐family upscale pool‐front homes, each with 3 bedrooms, 2½ baths, Jacuzzi, ceramic tile throughout, granite countertops, top‐of‐the‐line appliances, ceiling fans, exotic hardwood exterior rooftop sun‐deck, premium finishes and fixtures, and the most up‐to‐date home technology. Each home ranges in size from 2000 to 2200 sq. feet under air. Every residence club will be comprised of four luxury homes and will boast a infinity swimming pool, Jacuzzi, cabana, private garden, outdoor shower, manicured lawns, maid service, spectacular Caribbean view to the east and stunning golf course view to the west. The residence club will have access to all hotel and golf course amenities. All residence units will be slab on grade, exterior stucco over cinderblock walls and concrete roofing. All structures are designed for energy efficiency and safety with hurricane impact windows and doors. AIHG’s goal is to become the number one destination resort on the Costa Maya and one of the top fifty destination resorts in the world. The project’s superior Caribbean location at the foot of one of the finest beaches in the world, lends itself well to the creation of a prime luxury resort combined with an affiliation to a five‐star hotel resort spa, and will result in the creation of an exceptional world‐class destination resort.

BOCA TERRACE RESIDENCE CLUB PROJECT DESCRIPTION

Project Overview The Project

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The primary goal AIHG’s Fractional Land Ownership & Co‐Development Program is to produce a debt‐free, professionally managed, luxury residence club with the appropriate ancillary products that will rank at the top of the luxury scale in the destination resort industry, providing the Fractional Interest Owners with significant income returns generated by timeshare sales and a sure and certain prosperous exit strategy. Depending on the Design (Architectural and Engineering) and Management (Construction Management) approach selected, as well as the conditions and scope that are agreed upon, “Soft Costs” for design and management services along with the Contingency factor will be: Architectural & Engineering : 5‐7% of construction costs Construction Management: 2.5‐3% of construction costs Contingency: 5% of construction costs Total construction costs (“Hard & Soft Costs”) for one complete Boca Terrace Residence Club comprised of four, 2 story single‐family upscale homes, ranging in size from 2000 to 2200 sq. feet, each with 3 bedrooms, 2½ baths, ceramic tile throughout, granite countertops, sun‐deck, the most up‐to‐date home technology, swimming pool, Jacuzzi, cabana, private garden, outdoor shower, landscaping, appliances, FF&E (Furniture, Fixtures & Equipment) are estimated at approximately US$1,825,000. The construction and furnishing cost per square foot used for this estimate is US$208 per square foot which is appropriate for a high quality resort at the 5 star level. In total, the cost of construction bringing the residence club to point of handover to operations is estimated at US$1,825,000. AIHG, as Developer, will use all the proceeds from the sale of the 365 Fractional Interests of the residence club property to bear the burden of the entire cost of construction of the residence club. The funding source for the development will come directly from the sale of the 365 Fractional Interests of the residence club property. This will allow AIHG to accomplish its program objective to deliver a fully operational, “turn‐key”, debt‐free, professionally managed luxury residence club to the Fractional Interest Owners. Funds generated by the sales of the Fractional Interests will not be used and construction of the residence club will not commence until all 365 Fractional Interests of the residence club property have been sold. The breakdown of the project phases will be as follows: Design Phase 2‐3 months Bid Phase 1‐2 months Construction Phase 6 months In some circumstances, these phases may overlap. The intention is to achieve as much work in parallel as possible. This normally occurs during both the Design and Bid phases.

Program Objective Estimated Costs of Construction, Design and Management Services Construction Sources and Uses of Funds Construction Schedule

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The preliminary figures below show PHASE 1 projected sales returns of one residence club, comprised of 4 luxury homes, representing 200 timeshare intervals to be sold at US$59,000 per interval. The residence club maintenance fee is US$1,250 per interval. This is an annual fee charged to the timeshare interval owner. This maintenance fee is also used to pay for future management and administrative services to be provided after the complete sell‐out of the residence club. The forecast below is based on a complete sell‐out of the residence club’s 200 weekly timeshare intervals. Both the 100% occupancy rate and pricing levels meet industry standards. PHASE 1: SALES RETURNS (shown in US currency) INCOME 200 Timeshare Interval Units 11,800,000 200 Annual Maintenance Fees 250,000 Total 12,050,000 EXPENSES Sales Commissions & Management Fee (30%) 3,540,000 Utilities 72,000 FF&E Refurbishments 6,800 Personnel 26,000 Insurance 6,000 Taxes 4,800 Total 3,655,600 NET PROFIT 8,394,400 Residence Club Property/Business Value 1,825,000 Total Profit 10,219,400 TOTAL PROFIT per Fractional Interest 27,988 PERCENTAGE OF INCOME RETURN per Fractional Interest 560% All the infrastructure elements needed to develop the project are present. Water is available and abundant. Electricity is on‐site and provided by the Federal Commission of Electricity (CFE). Private ecological sewage systems will be absorbed in the construction costs. The development of streets, pathways and pedestrian networks are to commence Q2 2011. The Environmental Impact Assessment report submitted to the Urban Planning & Environmental Safety Commission shows no protected fauna, flora or species were found. The provisions foresee for the management of solid and liquid waste are within the most adequate to secure that no contaminants are released to the surrounding area.

Summary Sales Returns Per Residence Club Infrastructure and Utilities Environmental Matters

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BOCA TERRACE RESIDENCE CLUB DEMOGRAPHICS

Mexico Market Quintana Roo and the Caribbean Market

Mexico’s international tourism revenue and visitor figures continue to astonish, with over 21.5 million foreign tourists spending nearly US$12.5 billion in 2010, according to statistics released by Mexico’s Tourism Secretary (SECTUR). These figures show the amazing resiliency of the tourism market in Mexico, a sector that was hit simultaneously by the A/H1N1 influenza outbreak and the economic crisis. The USA Today substantiated these figures reporting that tourism revenue in Mexico will surpass the $12 billion mark this year. The World Travel & Tourism Council forecasts Mexico travel and tourism demand is expected to grow by 7.1% per annum, in real terms, between 2010 and 2020. Mexico receives more than 21 million business and leisure travelers a year, making the country the eighth most important international tourism destination worldwide. While its proximity to the U.S. and its unmatched hospitality have contributed to its success in the tourism segment, Mexico continues to make strides to attract the business segment with advanced technology, valuable incentives and aggressive new ad campaigns. “Nine out of ten people who visit Mexico come back” said Martha Varela, director of the Mexico Tourism Board, Midwest U.S.A., whose Chicago office specializes in serving the business segment. Meetings and conventions are a $1.5 billion industry in Mexico, making the country one of the world’s leading travel destinations for the business travel segment. Mexico offers an amazing variety of meeting options: 38 state‐of‐the‐art convention centers in 56 cities, 16 destinations for incentive travel, 245,000 hotel rooms for conventions, more than 550,000 square meters of event space and 58 international airports. According to the Mexico Convention Bureau, the Cancun Convention and Visitors Bureau in the State of Quintana Roo alone attracted more than 125 congresses, conventions and incentive groups in the past three years. It has become evident that Quintana Roo, located in the Caribbean has become a significant entertainment option for leisure travelers, second‐home buyers and a large segment of financially secure baby boomers. Costa Maya has been identified as a preferred location due to its affordable, undervalued real estate, favorable regulatory climate, its plentiful low‐cost educated labor force and the high growing volume of financially qualified tourists annually. Costa Maya is considered worldwide as a premier vacation destination that will continue to grow rapidly as a primary vacation choice for the tourism market. Current demand for Costa Maya as a prime vacation destination is very strong and is expected to increase substantially over the next 10 years. AIHG is presently developing the first luxury resort community to take advantage of the need for alternative entertainment for its booming tourist population and the phenomenal growth of this region as predicted by industry experts.

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BOCA TERRACE RESIDENCE CLUB DEMOGRAPHICS

Economic Conditions Quintana Roo in the Mexican Caribbean has first class resorts and several of the world’s top tourist destinations. From ruins to riches, Costa Maya has it all. In fact its hard to imagine a site better endowed with natural, archaeological and man‐made attractions. Boca Del Mar is bordered by two tropical bodies of water, the Caribbean to the east and the Bay of Chetumal to the west. Its stunning beauty must be seen to be believed— silky sugar‐white sand, lapped by the turquoise‐blue emerald waters of the Caribbean Sea. Costa Maya’s reliable sunshine (300+ days per year), warm weather and sparkling beaches provide the perfect place for a new world‐class luxury resort community. Quintana Roo enjoys access by air from major North American cities through the services of major carriers such as Continental, United Airlines, Delta, American, Northwest Airlines, US Airways, America West, ATA Airlines, Frontier Airlines and international carriers such as KLM Northwest Airlines, Martinair, Iberia Airlines, British Airways, Aviacsa, Aero Mexico, Canada Airlines International, Lufthansa Airlines and a host of other well known carriers. This makes access easy and travel fares competitive. The tourism industry in Quintana Roo has become a major economic powerhouse. According to Mexico’s Tourism Secretary, SECTUR, the Mexican Riviera (Cancun, Riviera Maya, Costa Maya) has become the most important tourist destination in Mexico. Of this important market, 70 percent are visitors from the North America, followed by Europe and South America. According to FONATUR, the National Trust Fund for Tourism Development, the Mexican Riviera has approximately 45,000 hotel rooms (which represents more than 10.5 percent of Mexico’s total lodging inventory), generates 10.5 percent of Mexico’s GDP (Gross Do‐mestic Product) and is considered to be Mexico’s premier destination for foreign tourism. A recent U.S. 2010 Travel Trends Survey conducted by travel leaders Carlson Wagonlit indicated that when asked to select the Top 3 Best Values for travel outside the United States, Mexico ranked #1 garnering 84.3% of the votes, followed by Cruising and the Caribbean. This underscores why three out of the Top 5 and five out of the Top 10 International Destinations are in Quintana Roo: Cancun (#2), Riviera/Costa Maya (#3) and Caribbean Cruising (#10). Based on the figures released by the State of Quintana Roo, Secretary of Tourism, The Miami Herald Cancun Edition states that it is hard to dispute the fact that the Mexican Caribbean has become one of the favorite destinations for Americans, Canadians, Europeans and Mexican domestic travelers alike. The arrival of all these visitors resulted in a significant economic flow. It has been noted that in just about every segment of the tourism market, tourism is once again experiencing record numbers.

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Timeshare Market The timeshare concept began in Europe in the 1960’s as an innovative way for increasing vacation choice. Instead of booking a week or two at a resort every year, timeshare offers the ability to buy rights of occupancy in a property, typically in multiples of one week, for either a set period or perpetuity.

The timeshare industry is over 30 years old, and generates revenues of over $15 billion per annum. It is forecast to grow twice as fast as overall world travel and tourism over the next decade. Today, there are 6.7 million timeshare owners worldwide in over 5,400 resorts, in over 110 countries worldwide. These timeshare resorts provide about 325,000 accommodation units worldwide. Of the 5,400 resorts worldwide, 25% are in Europe; 31% are in North America and; 16% are in Latin America where Mexico leads with 40% in the region. In Mexico and the Caribbean, market penetration rates remain low, leaving plenty of potential for future growth. Mexico and the Caribbean are the hottest new markets for timeshare. A study on Caribbean timeshare by the American Resort Development Association and HVS Timeshare Consulting Services shows nearly 8,500 new timeshare units planned for the Mexican Riviera and the Caribbean. The average price, per week, of a Mexican Caribbean timeshare is approximately 21% higher than that of the global average. Reflecting the international appeal of both destination and the timeshare resort concept, 66% of the buyers of Mexican Caribbean timeshares reside in the United States. Mexicans represent the second‐largest ownership group (17%), followed by Europeans (8%), and South Americans and Canadians (representing 4% each). These findings clearly demonstrate that the Mexican Caribbean corridor continues to display considerable vacationing appeal and outperforms the visitor projections developed by FONATUR (National Trust Fund for Tourism Development). With the influx of inbound visitation, area resort developers can continue to anticipate expanding revenue growth. While timeshare resorts typically operate at an 85 percent occupancy, according to the Mexican Resort Development Association (AMDETUR), the Mexican Caribbean boasts a 90 percent annual occupancy rate. The level of timeshare revenue growth points directly to the popularity of the timeshare resort concept and the attractiveness of the Mexican Caribbean. As a result, expansion trends should continue for the resort timeshare industry throughout the Mexican Caribbean region. With FONATUR projecting future growth of more than 11 million additional tourists and a resident population of 3 million by 2025, the Mexican Caribbean stands ready to welcome the most discriminating travelers. And within the wide variety of resort lodging alternatives available to them, resort timesharing is well positioned to emerge as the lodging option of choice.

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The future of timesharing has never looked brighter, as evidenced by several independent research studies, timesharing continues to show both high product satisfaction among current owners and leisure travelers, enhancing awareness of vacation ownership. Timesharing has been cited as one of the fastest‐growing sectors of the worldwide hospitality industry and it has proven its staying powers by weathering peaks and valleys in the global economy. Today there are more than 5100 resorts in nearly 110 countries, with some 6 million timeshare owners residing in 270 countries, with worldwide timeshare sales estimates at nearly $15 billion. The industry worldwide has grown more than tenfold. The growth rate has been explosive. HVS International a leading timeshare consulting and hospitality services firm has reported that timeshare sales have been growing at a compound rate of more than 17% for the past 22 years. And look who’s involved: Disney, Marriot, Hyatt, Ramada Suites, Fairfield Properties, Carnival Cruise Line, Royal Caribbean Cruise Line and the list goes on and on. Timeshare has also proved to be a more “recession proof” form of development with continued growth experienced in the periods around the Gulf War, 9/11, the Iraq Conflict and most recently the A/H1N1 influenza outbreak and the economic crisis. According to the American Resort Development Association, over 3 million U.S. households own timeshare, representing approximately 4.9 million timeshare intervals. Leisure and travel experts contend the industry has barely scratched the surface in terms of market share. The current low penetration rate of the leisure travel market points to significant growth potential. Consumer awareness and confidence are higher than ever before as more and more savvy travelers realize the benefits of vacation ownership, including spacious residence‐style accommodations plus the flexibility of exchanging vacation time in popular destinations across the globe. The National Leisure Travel MONITRSM revealed that nearly 6 in 10 of today’s leisure travelers are interested in staying in residence‐style accommodations while on vacation. Moreover, 15% (which is projected to be about 12.5 million adults) are interested in purchasing some form of timeshare in the next two years. Nothing demonstrates satisfaction as well as future purchase intent. The boom in Mexico real estate has already begun. All over the world people are getting the idea. In Mexico, people from around the globe are buying up choice property. “The market has just become prolific in Mexico, with about 1.5 million Americans now owning property in Mexico” says Mitch Creekmore, Vice President of the Stewart Title Guaranty Company of Mexico, office in Houston, Texas.

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Organization Our Mission Investment Strategy Site Acquisition

AIHG MEXICO S.A. de C.V., and its affiliated corporations, is a privately held, diversified, full service real estate development and holding company located in Cancun, Mexico. The Company’s core business is through value‐added investment opportunities; seeking undervalued assets then enhancing their value through rehabilitation, development, aggressive management and marketing. We are committed to creating value and developing quality projects. The Mexican Caribbean real estate sector is amongst the fastest growing in the world, and the pace of development is surely to continue and even accelerate in the coming years. We firmly believe that we are uniquely positioned to take advantage of favorable conditions in the Mexican Caribbean real estate market, specifically in our target sectors. Our mission is to continuously enhance the value of our Company’s long‐term investments to achieve attractive growth for our clients and partners. We believe that the thoughtful, deliberate and prudent management of the Company’s properties is a sound investment strategy, both in financial terms and in the terms of maintaining the quality of life in the region in which our land is located. As large‐scale, comprehensive master planners and community builders, we pursue this mission according to the highest standards of quality. We take pride in our multiple roles, acting simultaneously as planner, builder, landlord, investor, community partner, employer and neighbor. Our team of highly experienced professionals is dedicated to providing real estate solutions to its customers, from major corporations to private individuals. Through these solutions our clients and partners will meet their real estate investment objectives of current income gains and long‐term wealth creation. AIHG is a private equity investor with project management and business development expertise that seeks to invest in undervalued opportunistic assets offering exceptional returns to our equity investors. AIHG always invests its own funds in every investment opportunity it pursues. AIHG also invests alongside institutional investors, high‐net‐worth individuals and property owners with under‐performing assets as joint venture partners to pursue select development opportunities. AIHG aligns interests with those of its investor partners by placing its own capital at risk and by providing development and management services at cost to the venture in every project we undertake. AIHG’s strategy is to acquire development sites with good potential for future value enhancement, through development density intensification and land usage conversion, or sites which will benefit from the Government’s infrastructure and improvement programs.

BOCA TERRACE RESIDENCE CLUB DEVELOPMENT TEAM

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We will acquire sites for development through various means, including the assembly of urban development sites and purchase of land lots originally zoned for agricultural purposes and reserves, with the intention of applying to have these sites re‐zoned for development. These strategies will allow AIHG to obtain more desirable property sites at a relatively low cost. AIHG creates master planned communities where diverse residential neighborhoods are mixed with commercial and mixed‐use projects. A well designed community is an autonomous, thriving community that includes a variety of housing and business options. AIHG creates cost‐effective and imaginative solutions that add significant value to the development process from conception to completion. Whether facing challenging site constraints, sensitive environmental issues or permits, AIHG is known for creating “win‐win” solutions for complex land development projects. Our goal is to master plan communities that are sensitive to the existing environmental conditions and land uses while at the same time having the vision to develop communities that will meet the future needs of residents. We believe this will be achieved by our ability to know and understand market needs while working cooperatively with government officials and community interest groups. AIHG brings its expertise in all areas of development and construction to bear on any challenge facing your project. By understanding all aspects and their relationship, one to another, AIHG can help assure the success of your objectives. The key to developing a truly successful master planned community is to remain committed to the prospective residents now, and to homeowners for years to come. It’s a mix of art and science ‐ of tangible amenities like recreational facilities, landscaping, and location, as well as intangible ones like community spirit. At AIHG, we focus on creating communities that foster a recreational lifestyle ‐ a lifestyle that is active and integrated with nature and neighbors. We offer an impressive list of amenities that will surprise most buyers, but these alone don’t make a community vibrant. We believe it’s the spirit of the people in our neighborhoods that brings our communities to life. We leverage our buying power to secure premium locations and ensure the very best resources, labor and amenities available. For you, that translates into low risk and a maximum return on your investment. And that’s a luxury.

Land Development

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BOCA TERRACE RESIDENCE CLUB EXHIBIT “A” - SURVEY OF “EL SINAI” / “BOCA DEL MAR”

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BOCA TERRACE RESIDENCE CLUB EXHIBIT “B” - LEGAL OWNERSHIP OF PROPERTY

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BOCA TERRACE RESIDENCE CLUB EXHIBIT “B-1” - TRANSLATION OF DOCUMENT

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BOCA TERRACE RESIDENCE CLUB EXHIBIT “C” - ENERGY DISTRIBUTION ACCESS

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BOCA TERRACE RESIDENCE CLUB EXHIBIT “C-1” - TRANSLATION OF DOCUMENT

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BOCA TERRACE RESIDENCE CLUB APPENDIX

Boca Del Mar Boca Terrace Residence Club

Development Site — Aerial View


Site Plan

Boca Terrace

RESIDENCE CLUB

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Boca Del M

ar

Boca Terrace Residence Club

Detailed Site Plan

Golf Course

Clubhouse

Commercial Sites

Boca

Del

Mar

Entran

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Boca

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Mar

Entran

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Equestrian

Club

Boca

Terr

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Hotel Site

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Boca Del M

ar

Boca Terrace Residence Club

Conceptual Aerial View

Boca

Del

Mar

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Boca

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Boca

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f a Mile

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Boca Del Mar Boca Terrace Residence Club House Plan — Elevation 1


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Floor Plan — 1st Floor

Dinning Room 13’ X 13’

Living Room 22’ X 13’

Kitchen 15’ X 13’

½ Bath 14’ X 5’

Laundry Room 9’ X 8’

Foyer 14’ X 9’

Entry 4’ X 9’ Car Port

20’ X 14’ BOCA TERRACE RESIDENCE CLUB MODEL

AREA SUMMARY

LIVING 2160 GARAGE 280 ENTRY 36

TOTAL 2476

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Floor Plan — 2nd Floor

Bedroom #2 13’ X 22’

Bedroom #3 13’ X 22’

Balcony 4’ X 16’

Master Bedroom 13’ X 26’

Balcony 5’ X 14’

Master Bath 7’ X 15’

Bathroom 4’ X 15’

BOCA TERRACE RESIDENCE CLUB MODEL

AREA SUMMARY

LIVING 2160 GARAGE 280 ENTRY 36

TOTAL 2476

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Conceptual Floor Plan — 1st Floor

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Conceptual Floor Plan — 2nd Floor

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Project Conceptuals

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Project Conceptuals

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Project Conceptuals

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Boca Terrace RESIDENCE CLUB

Fractional Land Ownership Program

CONFIDENTIAL FRACTIONAL LAND OWNERSHIP

& CO-DEVELOPMENT PLAN

Boca Del Mar

A COASTAL RESORT COMMUNITY COSTA MAYA — CARIBBEAN SEA

LUXURY HOTEL & SPA PRIVATE RESIDENCES

RESIDENCE CLUBS

The particulars contained in this brochure are believed to be correct, but cannot be guaranteed. All liability, in negligence or otherwise, for any loss arising from the use of these particulars is hereby excluded.

Images, photographs and other information: Any photographs, computer generated images or other information provided

within this brochure are indicative of the style of the development and do not represent the actual finish or fittings. Any such information may change at any time and must not be relied upon as being factually accurate.

Documents

Boca Terrace Residence Club