PHASE 1A - THE WESTIN LE PARADIS BEACH & GOLF RESORT. Construction Progress Report: Work commence on site:

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1 PHASE 1A - THE WESTIN LE PARADIS BEACH & GOLF RESORT Construction Progress Report: Work commence on site: Condo Block 1: Plastering of exterior walls - 100% complete. Drywall & ceiling - 60% complete. Floor tiles - 80% complete. Condo Block 2: Construction of Condo Block (3 levels) - 100% complete. Plastering of exterior walls - 95% complete. Drywall & ceiling - 50% complete. Floor tiles - 80% complete.

2 Condo Block 3: Drywall framing - 95% complete. Drywall & ceiling - 50% complete. Floor tiles - 80% complete. Plastering of exterior walls - 90% complete. Condo Block 4: Construction of Condo Block (3 levels) - 100% complete. Roof -100% complete. Plastering to exterior walls - 100% complete. Drywall & ceiling - 20% complete. Floor tiles - 20% complete. Windows - 20% complete. Sliding doors - 20% complete. Handrail - 20% complete. Wooden deck - 20% complete. Kitchen - 50% complete. Bathroom - 20% complete. Trellis - 10% complete.

3 Condo Block 5: Plastering to exterior walls - 100% complete. Drywall framing - 90% complete. Condo Block 6: Plastering to exterior walls - 80% complete. Drywall framing - 90% complete.

4 Condo Block 7: Plastering of exterior walls - 100% complete. Drywall framing - 90% complete. Condo Block 8: Plastering of exterior walls - 100% complete. Drywall framing - 90% complete.

5 Condo Block 9: Construction of Condo Block (3 levels) - 100% complete. Shingles to roof - 100% complete. Plastering of exterior walls - 100% complete. Drywall framing - 90% complete. Condo Block 10: Construction of Condo Block (3 levels) - 100% complete. Shingles to roof - 100% complete. Plastering of exterior walls - 97% complete. Drywall framing - 50% complete.

6 Condo Block 11: Plastering of exterior walls - 95% complete. Drywall framing - 90% complete. Condo Block 12: Plastering of exterior walls - 90% complete. Drywall framing - 90% complete.

7 Condo Block 13: Drywall framing - 80% complete. Condo Block 14:

8 Condo Block 15: Construction of Condo Block (3 levels) - 100% complete. Drywall framing - 10% complete. Condo Block 16: Block walls to roof - 100% complete. Felting to roof - 100% complete. Shingles to roof - 90% complete.

9 Condo Block 17: Construction of Condo Block (3 levels) - 100% complete. Block walls to roof - 100% complete. Framing to roof - 80% complete. Condo Block 18: Construction of Condo Block (3 levels) - 100% complete. Block walls to roof - 100% complete.

10 Westin Hotel: Foundation - 100% complete. Lower level slab - 95% complete. Lower level superstructure - 95% complete. Upper level slab - 95% complete. Upper level superstructure - 100% complete. Roof slab - 100% complete. External & internal block walls - 80% complete. Internal drywall framing to housekeeping - 60% complete. Steel trusses to the ballroom - 80% complete. Wooden trusses and framing to the mechanical, electrical & plumbing room - 100% complete. Plastering of exterior walls - 45% complete.

11 Photo below: Steel trusses to the ballroom

12 Photo below: Wooden trusses and framing to the mechanical, electrical & plumbing room.

13 Spa: Backfilling to retaining wall - 95% complete. Waterproofing to retaining wall - 95% complete. Foundation - 75% complete. Block walls superstructure to external wall - 65% complete. Ground level slab - 55% complete. Ground level superstructure - 95% complete. Upper level slab - 55% complete. Upper level superstructure - 10% complete.

14 Photos below: Spa.

15 Photos below: Spa.

16 Westin Kids Club, Pool Area & Specialty Restaurant: Event Lawn & Great Pavilion: Setting out & site clearance - 80% complete. Excavation in progress. Infrastructure for Phase 1A Access Road: Water Main: Fire Main - (Sprinkler system): Car Park: Sewer draining & man hole: Excavation - 100% complete. 85% complete. 85% complete. Excavation - 95% complete. 45% complete. High voltage & communications docks: 85% complete. Photo below: View of condos from The Westin Le Paradis Beach & Golf Resort.