EFTA01480965.pdf

Confidential Due Diligence Report —FORUMS, LLC AND DARREN K. INDYKE LIABILITIES: Date of Accounts 31/12/2003 31/12/2002 31/12/2001 Creditors 13,000 11,000 6,000 Miscellaneous Current Liab. 10,000 46,000 40,000 Total Current Liabilities 23,000 57,000 46,000 TOTAL LIABILITIES 23,000 57,000 46,000 Called lip Share Capital and Sundry Reserves 4,710,000 4,294,000 4,037,000 Profit a Loss Account Reserve -2,626,000 -2,053,000 -1,602,000 Shareholder Funds 2,084,000 2,241,000 2,435,000 NET ASSETS 2,084,000 2,241,000 2,435,000 (total assets-total current liabilities) RATIOS: Date of Accounts 31/12/2003 31/12/2002 31/12/2001 Pretax Profit / Capital Employed (%) -27.54 -20.12 -16.80 Pretax Profit / Assets (%) -27.24 -19.63 -16.49 Pretax Profit / Shareholders Funds(%) -27.54 -20.12 -16.80 Current Assets / Current Liabilities 1.43 0.44 0.13 Quick Assets / Current Liabilities 1.43 0.44 0.13 Shareholders Funds / Total Assets 0.99 0.98 0.98 GROWTH RATES(%): 2 Years 3 Years 4 Years Total Assets -8 -15 Current Assets 32 450 Current Liab. -60 -50 Capital Employed -7 -14 CREDIT-RATING: Year 0 - Dissolved Year -1 - 41 Year -2 - 48 Year -3 - 32 CREDIT-LIMIT: No limit asnigned or limit suspended - for reason see credit score COMPANY SECRETARY: Darren Indykc: Attorney DIRECTOR(S): Peggy Watson Ugland; Accountant AUDITOR: Saffery Champness BANKER: Royal Bank Of Scotland PARENT: Laws Helicopter LLC LOAD-DATE: June 1, 2005 Confidential - This report is not to be disseminated or photocopied to any third party without the express consent of Global Corporate Security. 1137404b.doe Confidential Treatment Requested by JPM-SDNY-00003207 JPMorgan Chase CONFIDENTIAL SDNY_GM_00272405 EFTA01480965