Letter from President & CEO Lynda Childress

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1 Real Estate Management APRIL 2010 Letter from President & CEO Lynda Childress Life is a gift. Are you going to unwrap it or leave it in the box? I love that quote. Sometimes life throws you a curve ball and you have to choose your attitude through it. I had a meeting with one of our tenants recently and she told me of a seminar that she had attended recently about things that happen, things that we do not choose and have no control over. The only choice and control that we have is the heart (attitude) that we choose to have during the process. Wow, this made me really sit back and think. Sometimes life is hard, sometimes it is sweet and sometimes we just rock on doing the everyday normal things of life. We have an employee that has been with the company for 28 years and is battling cancer. He has good days, he has bad days, and sometimes he just does what he has to. All of us at Luken Holdings have him in our thoughts and prayers. We send him cards and call and check up on him. You see, no matter what curve ball you may receive, it helps if someone is standing there with a big glove to help catch the ball. I truly feel that Life is a gift that we were all given and we have a choice in how we use the gift. That is what this Easter time means to me. I personally celebrate Resurrection and Life and the Hope that comes for me, because of an empty tomb. We never have to handle the curve ball alone. Life is a gift, unwrap the package and enjoy it, for time sure does fly by. LUKEN HOLDINGS, INC. Lynda Childress, President & CEO Russ Elliott, CCIM, SIOR Broker Tammy McClendon Babb Leasing Administrator/Broker Beth Robertson Controller Jerry Gross Property Manager Carolyn Stringer Executive Assistant Belinda McClurd Tenant Services Meredith Coke Accounts Payable Tondee Hudson Accounts Receivable TO DO! Save for retirement starting with your first paycheck.

2 Russell Elliott, CCIM, SIOR -Sales & Leasing Representative Direct or Cell Riverside Business Center Suite ,717 Sq.ft. Suite 210-5,736 Sq.ft. Suite Sq.ft. Former Sears Service Building 4400 Amnicola Hwy 93,628 Sq.Ft.

3 TAMMY BABB RETAIL and RESIDENTAL Office Cell Fax Tammy s featured property: 20,020 Square Feet of Space in Lafayette, GA Previous Goody s locations, perfect spot for outlet or retail furniture store Call today for a showing Now is the time to make a move in the retail business! Also, available 3754 Ringgold Road, the previous School Days location. School Days relocated to a larger space, just two doors down and gave us back a very attractive space to lease. This space is 1,925 square feet of space perfect office space could be medical, massage therapy or general office space. Conveniently located across from Amigo s in East Ridge.

4 INTRODUCING A LUKEN HOLDINGS TENANT Bethel University College of Professional Studies 877 4BETHEL Bethel University is accredited by the Commission on Colleges of the Southern Association of Colleges and Schools (SACS). Established in 1842, the traditional campus is a private, 4-year liberal arts university located in McKenzie, TN. Campuses: McKenzie, Nashville, Jackson, Memphis, Clarksville, Chattanooga Class Locations: Dyersburg, Lexington, Murfreesboro, Union City, and Waynesboro Bethel University s College of Professional Studies developed bachelor s and master s degree programs for working adults seeking to further their education. Students are able to balance work life, family life, and education with convenient class times, locations, and online classes. Earning a degree is truly flexible and attainable. Bethel s SUCCESS program offers an accelerated format specifically designed for the working adult. The program allows students to complete a bachelor of science degree in as few as 14 months. Classes meet one night a week -- or completely online -- with convenient campus locations throughout Tennessee. Bethel s small class size ensures collaboration and connections to other student professionals with coursework applicable to worklife from day one. Bethel s online graduate programs feature expert-led virtual courses along with face-to-face seminars. These blended programs offer students both the convenience their busy schedules demand, and invaluable first-person connections to supplement their coursework. Bethel s graduate students can earn an online MBA or Master of Arts in Education in as few as 19 months. Accelerated Bachelor of Science Degree Program: Complete coursework in as few as months. Classes meet one night a week or online. Laptop included. Master of Business Administration: 36-hour online program, completion in as few as months, face-to-face seminars with leading industry professionals. Laptop and ipod included. Master of Arts in Education: 36- hour online program with completion time in as few as 1 months. Choose from two tracks: Executive or Academic Practitioner. Laptop and ipod included. Total Enrollment: 3,344 Student to faculty ratio: 15:1 Classroom and Online Formats

5 INTRODUCING A LUKEN HOLDINGS TENANT BRYAN COLLEGE Second floor KRYSTAL BUILDING Bryan College, whose main campus in Dayton, Tennessee, was founded in 1930, has been offering classes for adult students on the second floor of the Krystal Building since Bryan College s suites in the Krystal Building house four classrooms and offices for administrators, recruiters, and student services personnel for both the Aspire Degree Completion Program and the MBA at Bryan. Aspire classes meet on weeknights, with students coming to class once a week in a cohort format. MBA classes are held on alternate Saturdays. Starting this May, Bryan will also offer its new Master of Arts in Christian Studies (MACS) program in the Krystal Building on weekends. The MACS program is an accredited graduate program that seeks to develop leaders and managers who were unable to obtain seminary training but need to advance their skills in biblical basics, worldview/apologetic thought, and ministry leadership. Bryan s four classrooms in the Krystal Building are all equipped with projectors, SmartBoards, and DVD players and are available for use by Luken tenants for a small fee on a half-day or fullday basis. For more information about room use, please contact Michelle Hubbs at or michelle.hubbs@bryan.edu<mailto:michelle.hubbs@bryan.edu>. For more information about any of Bryan s academic programs, please visit bryan.edu or call Brad Gatlin Assistant Dean of Graduate & Professional Studies Bryan.edu One Union Sq. Suite 200 Chattanooga, TN Tel: Fax:

6 INTRODUCING A LUKEN EMPLOYEE I began my real estate career at Osborne Building Corporation in the late eighties as an assistant to the Director of Leasing. In 1990 I was promoted to the Leasing Administrator for Osborne Bldg Corp and then I went on to become a Leasing Broker. I left the Osborne Bldg Corp, which had been purchased by Bob Corker and was now the Corker Group, in 2000 and worked in tenant representation, healthcare real estate, property management and accounting for a local hospital. Lynda Childress, the current President/CEO, contacted me in June 2009 and offered me a job at Luken Holdings as the Controller. I was excited to return to commercial real estate working with this great group of people. I enjoy accounting tremendously, but I miss the tenant interaction. BETH ROBERTSON CONTROLLER Ms. Childress states that Beth Robertson and I had worked together at Osborne Building Corporation back in 1990 and knew that she was a person of honesty and integrity. We needed someone that knew the properties, was very detail oriented and that could be trusted. I have found this to be true with Beth. She is very dedicated, staying late most every night, and working diligently to learn and grow at Luken Holdings. She is a great asset to our staff. DID YOU KNOW ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ Anger is a condition in which the tongue works faster than the mind. You can t change the past but you can ruin the present by worrying over the future.

7 N E W H E A L T H Y M E N U

8 UPTAIN BUILDING 5751 UPTAIN ROAD CHATTANOOGA, TN 37411

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