PRIVATE ISLAND PROPERTY FOR SALE LUXURY RESORT DEVELOPMENT PROJECT PALAWAN, PHILIPPINES

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1 PRIVATE ISLAND LUXURY RESORT DEVELOPMENT PROJECT PALAWAN, PHILIPPINES PROPERTY FOR SALE Total land area: 47.9 hectares Number of villas: 100 Purchase price: USD

2 LOCATION PALAWAN, PHILIPPINES Palawan is an archipelago located in the South China Sea, stretching over 500 kilometers in length. It is one of the most economically diverse regions of the Philippines. Palawan consists of 1,780 islands, 1,703,075 hectares in total; it is the country s largest province and considered as the last ecological frontier of the Philippines. Its coastline stretches over 2,000 kilometers. National Geographic named the region as the best island destination in South East Asia and Top 10 island destination in the world, having incredibly beautiful natural seascapes and landscapes. Palawan is well known for its cleanliness; basically the region is trash and garbage free, thanks to its governmental awareness. The tourism industry has been recognized as one of the highest potential in the world, with a view to create a market presence on a similar scale of Thailand and Vietnam.

3 Kanama have secured flexible planning and building permits for a luxury resort development, 100 stand- alone villas with square meter land each Amenities: infinity pools, spa, shops, restaurants, bars, dive center, pier, water sports and staff facilities Aman Resort s Amanpulo Island is the first real 6 star resort in the area Recently an unprecedented trend in private investment transpired, including the development of Dirawan Island, the future site of a US$250 million world renowned luxury hotel brand LOCATION WEST NALAUT ISLAND, NORTHERN PALAWAN, THE PHILIPPINES Latitude: N ; Longitude: E Size: 47.9 hectares 16 kilometers off the western coast of Busuanga Turnkey project for a luxury resort development All necessary permits and licenses provided Record breaking growth in tourism arrivals of 392% in a 12-month period in Northern Palawan READY TO START IMMEDIATELY!

4 All pictures are taken at West Nalaut Island TRANSPORT AIR, LAND, SEA CLIMATE TYPHOON FREE 40 minute-flight from Manila to Busuanga From Busuanga airport 1 hour picturesque transfer time to West Nalaut Island (road and sea combined) Out of the Philippine typhoon belt "A" seismic safe tsunami free zone Dry and warm season from December till May, wet season from July till November

5 ISLAND FACTS WEST NALAUT ATTRIBUTES 3.3 km of coastline, 80 meter high cliffs 1.1 km clean, white sandy beach with crystal clear water around the island, no need for underwater landscaping, no stones or water dirt/mud to remove Tropical lush rain forest, plants already on the Island 20 minutes to mainland by boat Fewer clouds than Coron and Busuanga Perfect characteristics for a resort development Freshwater source on the island Potential development area is flat; backdrop is hilly, protected from the open sea The naturally created landscape makes the project easier to start No air or water pollution 3G GSM cellular signal on the island Natural breeding place for turtles and dugongs Considered as the most exciting fishing spot in the region Around West Nalaut Island 300 meter wide coral reef, special microclimate with an amazing flora and fauna (rich underwater life: dolphins, dugongs, blue marlins, barracudas, lapu-lapus, tunas, lobsters, shrimps, octopuses, dolphin-fish etc ) The Philippine Department of Tourism (DOT) has recently signed a supplemental memorandum of agreement (MOA) with the Philippine Economic Zone and Authority (PEZA) on the grant of Special Economic Zone status to tourism development zones or tourism estates, such as the potential development plan for West Nalaut Island The Philippine government is promoting Busuanga for investment possibilities to become a major tourism destination, which has attracted the attention of Goldman Sachs

6 Managed by World Renowned Luxury Hotel Brand Costs USD Independent 5 star 6 star The following calculation is made for private island development for 100 villas Other development and investment models are available upon request, such as private villa + hotel mix use, private villas for closed community without hotel services, etc. Island purchase price $ $ $ Power plant $ $ $ Water treatment $ $ $ Pier $ $ $ Pipeline $ $ $ Restaurant, cafe, bar, pool all common areas $ $ $ Employee quarter $ $ $ Green Solutions $ $ $ Landscaping $ $ $ Boat 3 pieces $ $ $ Total development cost incl. purchase price $ $ $ Unit costs Beachfront villa construction cost - 32 pieces $ $ $ Villa construction cost - 68 pieces $ $ $ Total villa development cost $ $ $ Beachfront villa selling price - 32 pieces $ $ $ Villa selling price - 68 pieces $ $ $ Total revenue $ $ $ Total cost $ $ $ Total profit $ $ $ CALCULATIONS INITIAL NUMBERS FOR DEVELOPMENT The above data is for information purposes only, not to be considered as legally binding offer.

7 - Turn-key advantage that will save the developer/operator three years of permit applications and going through local regulatory and compliance processes - It is the only private island in Palawan with clear title suitable for tourism development, making it an ideal turnkey opportunity for a commercial resort development or for a luxury private non-commercial use - Complete documentation of the island - over 1000 pages - Complete property due diligence information - Corporate structuring for foreign investors - Certifications and permits - Indigenous People Approval, MOU and contract - Complete environmental study and examination of flora and fauna - Initial feasibility study - Initial master plan for construction by well-known INCLUDED IN THE PRICE DOCUMENTATION Hollywood art director

8 - Initial plans for villas by well-known Hollywood art director - Monthly tourist arrivals by date and country, annual report Tourism information and studies about the region - Studies from Palawan- Coron- Busuanga Government - Application for PEZA (Philippine Economic Zone and Authority) for tax-haven purposes - Environment and natural resources study: lands, forest lands, parks and wildlife, water resources, watershed, waste management, coastal management, ancestral domain - Infrastructure study: economic support, social support, public administrative support - Local governmental and Indigenous support - Consultation from industry professionals on how to build a resort island in a remote area (upon request) INCLUDED IN THE PRICE DOCUMENTATION - Professional support for understanding and usage of the above mentioned intellectual properties

9 - Professional branded hotel master plan OPTIONAL SUPPORT and resort development plan - Private resort brand operator program - Leadership in Energy and Environmental Design (LEED) Green Building Rating System support - Water desalinization machines, and generator manufacturing company price quotes and contracts - Solar and wind power manufacturing company price quotes and contracts - Green energy machine manufacturing company price quotes and contracts - Waste management support, price quotes - Local support until the island development project is completed - World renowned luxury hotel brand management contract, consultation, construction overview, marketing tools, room reservation system, brand design elements and brand recognition advantages and contracts - Price quote from local or branded hotel furniture designer and manufacturer - Price quote from local construction company - Residential property sales program - Financial Private Placement Memorandum - Boat, seaplane, golf cart manufacturing companies price quotes and contracts

10 All pictures are taken at West Nalaut Island

11 The best island destination in East and Southeast Asia - National Geographic Traveler magazine Best beaches overall in Asia - Condé Nast Traveler magazine One of the top 20 island destinations to live and the next property hotspot - Islands magazine One of the world s Top 10 best scuba dive sites - Forbes Traveler Magazine KEY ATTRACTIONS WITHIN 20 MILES Jacques-Yves Cousteau described Palawan, as the most beautiful place he ever explored. Jean Michel Jarre composed music in 1992 for his documentary "Palawan: The Last Refuge" Apo Reef Natural Underwater Park is a UNESCO World Heritage Coron salt water thermal spa Twin Lagoons with thermal spring water Calauit Game Preserve and Wildlife Sanctuary Kayangan Lakes, 7 mixed-water lakes (salty and sweet) 12 Japanese World War II wreck dive sites minutes from the island Deep sea fishing (blue marlin, barracuda, tuna, lobster, shrimp, octopus, etc...) Whale shark, dolphin, dugong, bird, firefly and fruit bat watching Tabon underground cave system Jet Ski, quad, paraglide, ATV and jeep safari tours in Coron and Busuanga

12 More detailed information package available immediately upon request Kanama International Asia 29th Floor, Rufino Pacific Tower, 6784 Ayala Avenue Makati City, Manila, 1226 Philippines Tel.: Web: