Making up almost 2% of the land area of Belize

The Balam Jungle Estates are formally known as: The Corozal Timber Lands

Registered in the Lands Title Registrar

in Belmopan, Belize as:

Parcel 260 (Vol 28. Folio. 106) Parcel 259 (Vol.28. Folio. 108) Parcel 258 (Vol.28, Folio. 109) Parcel 257 (Vol.28, Folio. 105) Parcel 256 (Vol.28, Folio. 107)

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Property Overview……………………………………3-9

Contact Information……………………………………10

Maps of Balam Jungle: DOS Map…………………………………..11 Soil Map……………………………………12

Satellite Imagery…………………………….13 Guide Map to Balam Jungle.…………………..14

Certificates of Title……………………………….15-24

PROPERTY OVERVIEW

In the Corozal District of Belize, south of where the Yucatan Peninsula of Mexico greets the Caribbean Sea, exists a beautiful tropical paradise with a coastline that lies near the breeding and migration fields of several thousand tropical species. It is a place otherwise known as the "Belizean Riviera."

Belize

Mexico

Balam Jungle is a large area of land situated near a number of communities in this region. To the north (approximately 6km north of the northern boundary) lies the small community of Fireburn. To the west, the land borders on to the Mennonite lands of Little Belize; to the southwest, the Freshwater Creek Forest Reserve; and to the south, the survey line runs along the southern Corozal District Boundary. The nearest communities to the southern boundary are Santa Martha and Bomba, approximately 9km to the south west and south respectively (Map b).

Chetumal Bay

No. 260

No. 256

No. 257 BALAM JUNGLE

ESTATES

No. 258

No. 259

b

•Bomba

Santa Martha•

•Fireburn

c

The eastern boundary of the property knows no limits as it dives below the crystal-blue tide of the Caribbean Sea and borders on to the southern most part of Chetumal Bay, stretching south to making up 26km of beachfront property approximately 20km due west of Ambergris Caye and San Pedro (Map b).

Roughly rectangular in dimension, the property consists of five contiguous freehold title blocks of land ranging from 17,000 acres to 21,000 acres; the property extending inland about 19 kilometers at its widest point. With a total area of over 85,000 acres located in the northern Belize, the property constitutes nearly 2% of the land area of Belize and is one of the largest privately owned blocks of land in the country (Map c).

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The property has remained uninhabited and in relatively pristine condition since the Golden Age of the Mayan Indians, around 900AD. In fact, several Mayan pyramids still stand deep in the jungle of the property, and although they have not yet "officially" been discovered or archeologically surveyed, early assessments have proved them to be magnificent examples of Mayan architecture. The property and nearby lands are dotted with Mayan ruins, from relic household dwellings to 95 foot temples along with countless artifacts such as stone alters, weapons, and tools, much of which is simply waiting for its mystique to be uncovered. There are some major landmarks which have helped protect Balam Jungstrategic positioning, allowing it to remain largely undiscovered and in excellethe north of the property is the Shipstern Nature Reserve, managed by "International Tropical Conservation Foundation." The 20,000 acre reserve ndifferent northern hardwood forests within a spectrum of forest types, accompsavannas and mangrove mudflats. Between Shipstern and the Balam Jungle Laacre Fireburn Reserve, with a broad assortment of more humid forest typeWildtracks, a multi-faceted nonprofit conservation organization, and the 300 acArchaeological Reserve," currently in the making by the Government of Belizwest of the property is the Freshwater Creek Forest Reserve, to the north-west ("home of the jaguar") Reserve and the charming Mennonite community oBiologically, Balam Jungle is in an important transition zone between the dryfound in Shipstern Nature Reserve to the north, and the more humid rain forestswest.

n

of environmentally friendly tourism

About a 15-minute boat ride due east of tAmbergris Caye, one of the most popular tourenowned scuba-diving locations in the Caribbean/CAmbergris Caye is 43.5 kilometers long, makingisland off the coast of Belize and provides the propmajor line of defense against fierce seas and challeweather. Situated 1 mile east of Ambergris Caye second line of defense, the Belize Barrier Reef. second largest barrier reef in the world and the fineof a coral reef ecosystem in this Hemisphere for

variety of reef types and abundance of corals thriving in pristine conditions. Fcontinuous wall for 150 miles along the continental shelf edge, the Barrier Reef provides life and security to the entire country of Belize offering some of the most spectacular dive locations in the world. Balam Jungle truly has a unique advantage over most other areas in the Caribbean because of the double shielding from the relentless Caribbean tides. Since records have been kept, we know of no storm has caused significant damage on the property, which has allowed for this unsporemain an unparalleled location for a myriad

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Caracol Rui

le by giving it nt condition. To the Swiss-based ow boasts three anied by saline

nds is the 2,000 s, managed by re "Kakantulich e. To the south-is the Balam Na f Little Belize. Yucatan forest

to the south and

activities.

he property, is rist and world-entral America. it the biggest

erty with its first nging Caribbean is our property's The reef is the st manifestation its size, unique orming a nearly

or hurricane that iled coastline to

In the past we’ve only been able to make general assumptions about the diversity of Balam Jungle’s environments and land uses. However, only after the recent installment of over 20 miles of all-weather marl road, connecting all existing roadways and serving as a gateway to all regions of the property, including the coast, have we really been able to discover the incredible potential of Balam Jungle. This main artery roadway, which accesses the property through the Little Belize entrance, also connects Balam Jungle to the highway systems of Belize, which are made up of good quality paved roads. The

new road allows any type of vehicle access to the property with the ability for two way traffic to travel up to 30-40 miles per hour. Once the final phase of roadwork is complete, the property will be an easy 50 minute drive from Phillip S.W. Goldson, the only international airport in Belize, located just north of Belize City.

As you may already know, Belize is famous for its natural wonders, and having established itself as the eco-tour capital of the World, it is a Mecca for those wishing to be more in touch with nature. The massive amount of flora and fauna found in Balam Jungle is a fantastic representation of the wide array of species found throughout Central America, while the rivers, bays and ocean's edge are teaming with a sea of life. Both the Audubon Society and Wildtracks (one of the leading eco-societies in Belize), are a few key groups that have already completed some extensive studies of Balam Jungle. They have discovered over 250 species of birds - one of the highest concentrations anywhere in the world! - 60 species of reptiles and amphibians and much more, including a few of the most endangered species on earth, such as:

Jaguar (Panthera onca) Jaguarundi (Herpilurus yaguarondi) Ocelot (Leopardus wiedii) Margay (Leopardus pardalis) White-lipped Peccary (Tayassu pecari) Collared Peccary (Tayassu tajacu) Baird's Tapir (Tapirus bairdii) Neotropical River Otter (Lutra longicaudis) Caribbean Manatee (Trichechus manatus)

A natural Northern Biological Corridor, which is now part of the prestigious Meso-American Biological Corridors Programme, extends through our property and creates a physical linkage from Balam Na/Freshwater Creek Forest Reserve, up into the Shipstern Nature Reserve, through which an abundance of wildlife can disperse freely. The corridor contributes significantly to the incredible array of exotic flora and fauna and is a major reason for why Balam Jungle truly is a nature lover's dream come true.

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Whereas Shipstern Nature Reserve is open to visitors wishing to explore its approximately 8,000 acres of seasonally dry Yucatan-type forest, Balam Jungle boasts approximately 43,000 acres of taller, more humid forests which are richer in palms, bromeliads and orchids. Standing mostly in the western part of each of the five blocks, these pristine forests, including the stands of majestic Cohune Palm, are breath-taking and lush with wildlife. Several exotic and commercially attractive types of tropical tree species are found in abundance on the property, including:

Mahogany (Swientenia Macrophyllya) Santa Maria (Calophyllum brasiliense) Cabbage Bark, aka Mayan Walnut or Machich (lonchocarpus

castilloi) White Chaca Bullet Tree (bucida bucerasl) Chechem, aka Black Poisonwood or Caribbean Rosewood

(metopuim browneii) Granadillo (platymiscium yucatanum) Sapodilla (manilkara zapota) Salmwood, aka Caribbean Walnut (cordial alliodora) Mylady (aspidosperma) Ziricote (cordial dodecandra) Spanish Cedar (cedrela odorata) Bastard Rosewood, aka Purple Heart (swartzia cubensis)

Even before hiring two forest rangers that have patrolled and protected this asset for over 4

During the completion of a refreshed Inventory of the standing timber crop by Paul & Zoe

ng with all other species in demand on

Although we’ve discussed our timber resource to a greater extent, it must also be mentioned

Mahogany

years now, Balam Jungle’s forest and other vegetation patterns have never been severely damaged. In regards to its remarkable resilience, the area is one of the last important coastal forest refuges of the Yucatan Peninsula. Walker of Wildtracks, two of the most senior ecologists in Belize, it became clear that Balam Jungle’s “excellent soil grade” is a major reason the property has such a premier timber resource. After extensive consultation with Wildtracks and contracted tree hunters, it became obvious that Balam Jungle is a treasure box full of valuable timber. Many professionals would agree that there is not another standing hardwood crop like this, especially of mahogany, in Belize. With some minor enhancements, the Inventory will be able to serve as a Forest Management Plan and will demonstrate the sustainability of mahogany operations in Balam Jungle. This will grant permission from the Government of Belize to cut and export this hardwood alothe property, while at the same time fulfilling the request for FSA certification of the forest. The Inventory/Management Plan will undoubtedly be an invaluable tool for anyone looking to sustain logging operation in Balam Jungle’s Timberlands. that the Special Development Area (SDA) studies done by the Belize Ministry of Natural

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Resources, identify the majority of our forested land as having the greatest extent of agriculture potential of any area in the whole of Corozal District East. The fertile land is very suitable for many kinds of agricultural use, specifically for production of the following:

Corn Citrus Orchards Sugarcane Papaya Cashew Beans Pineapple Almond Vegetables Honey

Note: Within the petrochemical mapping system for Central America, the property lies in the Corozal Basin, part of the Yucatan Platform. This is thought to be the eastern continuation of the Northern Peten Basin, and the western continuation of the Yucatan Basin, both of which have proven to be high oil producing areas in neighboring Guatemala and Mexico (CEP 2000, unpublished). For this reason, this area has attracted much of the country's oil exploration activities in the past. However, poor seismic data, low price of oil products at the time, and logistical problems have prevented extensive exploration. The timbered land gives way to thousands of acres of a variety of coastal ecosystems ranging from extensive mangrove and saltwater marches interspersed with sugar-white beaches and palm trees, to littoral forests, coastal lagoons and estuaries. These habitats connect to our crystal blue coastal waterways that serve as essential nurseries for a vast array of living things, which in turn supports the vibrant offshore fishing industry. These waterways also serve as an important manatee transmigration route, which the endangered sea mammals have been using for centuries. Along with the Inventory of the forested area, we have also completed an extensive Coastal

Survey. The study concentrates on the location of specific areas most suitable for development along Balam Jungle’s coastline based on water quality (clarity, color and depth), shoreline and offshore substrate, elevation of coastal lands, depth of bedrock, accessibility (both in terms of traffic and services), privacy and security. The focus of this survey is the south east coast of the Balam Jungle Estates, lying within the two southern-most property parcels (Map c) – investigating the biodiversity, physical characteristics and development potential of the area. The study assesses the

natural resources of this portion of the property and helps steer initial planning for any future development, ensuring that it be sustainable and as sensitive to the surrounding natural environment as possible. Hard copies of the Inventory and Coastal Biodiversity Assessment are available upon request.

One of the most compelling uses for the land is sustainable aquaculture. The low-lying coastal parts of these five blocks of land are ideally suited for shrimp farming operations. Specific mangroves areas offer extremely suitable conditions for aquaculture use; shrimp and oyster farming have been exceedingly recommended. Mangrove forests, among other ecological functions, play a critical role as ideal habitats that many economically important species of fish, prawn and crab depend on for food, nursery and spawning.

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Another, more obvious type of development with the greatest capacity to generate a substantial return within Balam Jungle is Ecotourism. Although Belize has only recently begun to realize its vast potential as a holiday destination, it makes our property's coastline an ideal canvass for developers and investors to create their dreams with an ambience that will appeal to the fast growing tourism industry.

The tourism industry is currently the single largest employer and contributor to economic growth, accounting for BZ $222 million, 18% of Belize's total GDP. Its actual contribution to the economy is greater, particularly when its indirect impacts are taken into account.

The property offers the opportunity to walk where the Mayan's walked, to track jaguars, to explore the inviting waters of the Caribbean, and to really tap right into all the adventure of Belize with its unique blend of Mayan and modern culture and a countryside rich with environmental treasures. Balam Jungle is the chance to realize why Belize is claimed to be “Mother Nature’s best kept secret.”

Tours & Other Possible Attractions:

Cave Tubing and Cavern Tours Mayan Ruin Exploration Jungle Canopy Tours and Nature Trails Cruising and Chartering Vessels Wilderness Survival and Awareness Schools

Primary

Secondary

Key to Tourism P i l Z

Commercial/Industrial Zone

As a rule of thumb, the vast majority of real estate interest and value in Belize is associated with water frontage: sea, lagoon or river. Water frontage properties invariably commands sale values far in excess of inland properties, however idyllic the latter may be. With its approximately 26km of coastline, and the various coastal lagoons, the property is certainly not short of water frontage. And, even though the characteristics of the coastline differ greatly from one location to another, Balam Jungle reserves many positive factors that are of interest to real estate developers looking at coastal properties.

T

Coastal Survey

Area

The southern portion of these coastal lands has been highlighted as being the best suited for development, reflecting the proximity to the market forces of San Pedro, ease of access by land, and potential supply of mains electricity as a spur-line from the Belize Electricity Limited high-tension lines south of the property. The area of the survey was determined so as to encompass the most southerly area defined within the Special Development Area Plan (SDA) as having “prime time coastal tourism potential”.

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Development/Resort Opportunities Include:

Master Planned Resorts/Recreational Communities

Extension Resorts and Resort Chains Jungle Hideaways & Moderate

Jungle-Safari Eco-Tourism Retiree Homes and Communities Luxury Ecotourism Resorts Birding Resorts Fishing Resorts Dive Resorts Golfing Resorts Fitness/Spa Resorts Gambling Resorts

In order to strengthen the credibility of the studies on the property, we have assembled a subdivision committee team composed of some of the most talented and accomplished professionals in their respected fields, to analyze and trade perspectives while offering ideas about the findings from the recent field assessments. The reward is that we now have the most detailed and progressive knowledge on this property and can prove that there is a massive amount of land and large areas of coastline with solid bedrock that are incredibly feasible for development. With such a great timber resource and surplus supplies of white marl (the fill material of choice in Belize) that can be quarried and used for any future roadwork or as a development platform, Balam Jungle really has the key natural resources needed to support development.

We welcome you to become a part of the future of Balam Jungle and Belize.

Review of possible ventures within Balam Jungle Estates:

Eco-tourism Resort Development Selective Logging Aquaculture Agriculture Conservation rcing

Petroleum Sou

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We have experienced in-country professionals that can make any and all arrangements

Contact us via email

that are needed to satisfy your comforts levels if you decide to discover the property. You are more than welcome to visit the property at any time. If you are planning to visit the area in the next few months, try to coordinate a tour with one of our in-country representatives and we will be happy to help you find accommodations and provide transportation to show you around the property and help you identify and satisfy any of your interests.

:

John Estephan - realgem@btl.net

For further inquiries, our team

can be reached by phone at:

Cell: 001+ (501) 614-6818 D

Our Mailing Address

irect: 001+ (501) 223-6559

:

Emerald Futures Real Estate Ltd

P.O. Box 1442, Belize City, Belize

For more information, please visit our website @:

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#13 Cork Street, #7, Belize City, Belize Central America

Or

Central America

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The valuations are based on current selling prices of surrounding properties with similar land characteristics. Acreages are based on ground truthing and polygons created using ArcView’s Area program in combination with our digitized DOS Map. Please reference the descriptions below for further understanding of each breakdown. Prices may vary slightly in different parcels under the same category depending on location of parcel, proximity to road, etc. In order of value:

Coastline: Location to San Pedro on Ambergris Caye is taken into account and affects the price of coastline throughout our different subdivided parcels. (Value ranging from $4,000 - $10,000/acre)

Lagoon Water Frontage: Only valued in the 2 southern coastal parcels, where they hold the most value ($2,000/acre)

Cohune Ridge: The most breathtaking areas of the jungle saturated with flora and fauna overlaying grade A soils. ($300/acre)

Grade 2 agricultural potential: This category is the equivalent of the highest, most evergreen forest on high, dry ground. (Value ranging from $150 - $200/acre)

Grades 3 & 4 agricultural potential: The category includes all the drier, more seasonal forests and the seasonally flooded "bajos" in the area. (Inland value = $50/acre)

Saline Savanna: This land type mainly stretches from the forest edge to the sea, has very little altitude and is inundated with water in the wet season. This area also contains many small forested limestone protrusions, “limestone islands.” ($50/acre)

Grade 5 agricultural potential: This grouping consists of the most seasonally inundated areas. ($25/acre Inland; $50/acre Coastal)

Water Bodies: Not included in pricing. (ALL PRICES IN US$) PARCEL Nos. 1, 2, 5, 6, 8 & 9 COLLECTIVELY (CONSERVATION BLOCK): Biological Corridor - Grade 2: 2,386 acres @ $150/acre = $357,900 Grade 3&4: 2310 acres @ $50/acre = $115,500 Grade 5: 500 acres @ $25/acre = $12,500 Total 5,196 acres = $485,900 Northwest Watershed – Grade 2: 1,865 acres @ $150/acre = $279,750 Grade 3&4: 6,108 acres @ $50/acre = $305,400 Grade 5: 6,844 acres @$25/acre = $171,100 Total 14,817 acres = $756,250 TOTAL (20,013): $1,242,150.00 ASKING PRICE: $1.2 M (approx $60/acre) PARCEL No. 3: Total acreage = 4549.5 acres Grade 2: 1566.9 acres @ $150/acres = $235,035 Saline Savanna: 2,434.6 acres @ $50/acre = $121,730.00 Water Bodies: 548 acres TOTAL (4001.5 acres) = $356,765 ASKING PRICE = $360,000 (approx. $90/acre) PARCEL No. 4: Total acreage = 4,967.3 acres Saline Savanna: 4,967.3 acres @ $50/acre = $248,365 Water Bodies: 473.6 acres TOTAL (4493.7 acres) = $248,365

ASKING PRICE = $250,000 (approx. $55/acre)

ARCEL No. 7 (HIGH BLUFF BLOCK) P :

acres @ $4,000/acre = $268,000

OTAL (8,163.6 acres) = $672,830 x $82/acre)

ARCEL No. 10 (INLAND FORESTED TIMBERLANDS)

Total acreage = 9,428.3 acres Coastline (sq. ac. blocks): 67 Saline Savanna: 8096.6 acres @ $50/acre = $404,830 Water Bodies: 1,264.7 acres TASKING PRICE = $673,000 (appro P :

$300.00/acre = $845,910.00

al = $1,450,000

OTAL (31,166.35 acres) = $5,940,082.50 cre)

ARCEL No. 12 (BULKHEAD LAGOON BLOCK)

Total acreage = 32,067.9 acres Cohune Ridge: 2,819.7 acres @Grade 2: 21,865.05 acres @ $150.00/acre = $3,279,757.50 Grades 3 & 4: 7,288.3 acres @ $50/acre = $364,415.00 Water Bodies: 94.85 acres Harvesting Timber Potenti TASKING PRICE: $5.95 M (approx $190/a P :

00/acre = $2,820,000 @ $2,000/acre = $384,000

,970

OTAL (7,159.2 acres) = $3,660,750 /acre)

ARCEL No. 13 (SPANISH POINT BLOCK)

Total acreage = 8,396.3 acres Coastline: 282 acres @ $10,0Lagoon Water Frontage (sq. ac. blocks): 192 acresGrade 2: 1,225.2 acres @ $150/acre = $183,780 Saline Savanna: 5,459.4 acres @ $50/acre = $272Water Bodies/Mud/Swamp: 1,237.7 acres TASKING PRICE = $3.7M (approx. $516 P :

0/acre = $4,500,000 = $1,512,000

res es

rade 270,490.50

OTAL (7,425.2 acres) = $6,414,962.50 /acre)

RAND TOTAL PRICE OF SUBDIVIDED PARCELS = $18,283,000.00 .00 (approx. $154/acre)

Total acreage = 8,976.1 acres Coastline: 450 acres @ $10,00Lagoon Water Frontage: 756 acres @ $2,000/acre Bennett’s Lagoon = 251 sq. acres Spanish Point Lagoon = 296 sq. ac North Spanish Pt. Lagoon = 209 sq. acrG : 613.39 acres @ $200/acre = $122,672 Saline Savanna: 5,409.81 acres @ $50/acre = $2Grade 5: 196 acres @ $50/acre = $9,800 Water Bodies: 1,550.9 acres TASKING PRICE = $6.4 M (approx. $860 GASKING PRICE OF ENTIRE PROPERTY (82,422.55+ acs) = $12,750,000