30 room nights COMPLIMENTARY STAY every yearTransferrable (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.

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)

INCOME PROJECTIONS – 114 condotel units

TOTAL ROOMS 114 PROJ. MONTHLY REVENUE 5,704,037.50Days/year 365 less: Expenses 2,300,000.00TOTAL ROOM NIGHTS/YR 41,610.00 Income before Mgmt Fee 3,404,037.50Occupancy rate 47% less: 30% Mgmt Fee 1,021,211.25AVERAGE RATE/NIGHT 19,556.70 Net Income per Month 2,382,826.25Proj. Average Room Rate 3,500.00 Total Condotel Floor Area 4,290.60

Porj Gross Annual Revenue68,448,450.0

0 Projected Income per square meter 555.3596816Number of Months/year 12 Average Unit Size (sq.m.) 31Average Gross Hotel Revenue/mo.

5,704,037.50 Average Income per unit 17,216.15

less: Association Dues/unit 1,550.00PROJECTED INCOME BEFORE TAXES/UNIT/mo. 15,666.15PROJECTED ANNUAL CASH INCOME/UNIT 187,993.80less: Real Property Tax per unit (5% - 8%) 15,039.50PROJECTED CASH NET INCOME 172,954.30Add: Value of 30 room nights (Php 3,500/night) 105,000.00PROJECTED NET INCOME/ANNUM/UNIT 277,954.30VALUE OF UNIT

3,200,000.00

ROI 8.56%

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/year16% higher than Cebu City hotels

MACTAN HOTELS RATING OCCUPANCY

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 HOTELS 55%

MACTAN HOTELS OCCUPANCY RATES

Source: Dept. of Tourism Regional Office

UNIT TYPESAVE.

PRICE/UNITAVE. AREA

(SQ.M.)AVE. CURRENT RENTAL

RATE/MO.Studio 2.8M 31.05 25,000 - 30,000

1 Bedroom 5.7M 62 40,000 - 45,0002 Bedroom 6M to 9M 65 - 97 50,000 - 60,000

CONDOMINIUM RESIDENTIAL UNITS

Sta. Lucia will accredit “REPUTABLE” brokers from Cebu with expertise on condominium rentalThis is more advantageous versus only 1 company handling all rental of unit owners.