History of the Property:
The MAYAN PLANTATION (formerly known as the Salt Creek Estate) is a diverse property, with an extensive and rich history, spanning 400 years as a citrus plantation, cattle ranch and forest range, containing savannah, tropical forest, and pine ridge. About 50 years ago, at its height of the plantation operations hundreds of people worked and/or lived on the Plantation.

Land Area:
It had an area of approximately 50 square miles or 38,677 acres at the time of purchase in December 1973. It is of rectangular form, similar to the shape of a large fish, along the Caribbean Ocean, with six large lagoons of an additional area of about 20 square miles and approximately 60 miles of pristine Caribbean oceanfront and Lagoon shoreline.

Forest Resources:
The land has a 400-year extensive history as forest range, tropical fruit plantation and cattle ranch. A forest and timber resource assessment obtained through the engagement of qualified forestry experts concluded that the approximately 14,000-acres or (45%) of the current size of the property is considered high bush and holding dense broadleaf forest cover, and tree species of high commercial value such as Honduras Mahogany, Santa Maria, Zericote, Cedar, etc., all merchantable tropical hardwood trees, with an annual growth of between 2 Million to 7 Million board feet per year.

Archeological Resources:
The property features about 12 Mayan Archeological sites and temples. The larger temple is known as the Rocky Point Mayan temple group of several temples, about 30-150 feet high, surrounding a court in size similar to a modern football stadium. This Mayan site is overgrown with palm trees and bush and requires archeological site work. It could be the future site of a major Mayan Cultural Center in Belize for the entire Region. Near the property is also the Altun Ha Mayan Archeological site, one of the largest and most visited tourist sites in Belize to be accessed by the Northern Highway, about 2-miles from where the Northern Highway crosses our property. The Value may be significant in the future as these areas become accessible for tourists and local visitors.

Existing Infrastructure:
Inland, the entire length of the property is bordered by the new and old North American Highway, the North/South American MCI Fiber Optic Cable, the National Power Line and the National Waterline, providing significant savings relating to infra-structure development. As the property was utilized for about 400+ years as an operating plantation providing housing and work for many Belizeans at its heights of operation up to the 1960's, the property features numerous roads, water wells and improvements. During the 1960's, significant site improvements were made to 1,000-acres of land located at the most southern portion of the property to be known as the Mayan Resort site, such as site clearance, sea-walls, river and lagoon dredging, road construction from site to the national highway, etc.

Ownership:
Mayan Plantation Limited, is the fee simple owner of the Mayan Plantation and consists of approximately 39,000 acres (32,423.45-acres of land and about 7,000-acres of Lagoons) or about 60 square miles. Mayan Plantation Limited's ownership interest in the Plantation was recently confirmed under a title policy guaranteed by Stewart Title International. Mayan Plantation Limited's title is registered at LTR Volume 8, Folio 300, of the Belize General Registry.

Prior and Current Use of Property:
For approximately 400 years the Plantation was operated as a tropical hardwood, fruit and ranch plantation. As a result, portions of the property have extensive tropical hardwood forests, tropical fruit orchards, and the potential for significant other agricultural development. The Property is also populated by various species of wild animals and birds, including leopards, toucans, and rich quantities of desirable "fly" fish such as trout and tarpon.

Location:
The south eastern boarder of the Plantation is located less than five miles north of the Belize International Airport in the Belize City District, in the Country of Belize. The distance to Belize City and its regional airport, shipping port, and financial and medical resources is less than thirty minutes by car or boat. The property is bordered by the Caribbean shoreline to the east and inland runs generally adjacent to the North American Highway. One of Belize's most impressive and well known Mayan ruins, Altun Ha, is less than five miles from the north western area of the Plantation.

Climate:
The Plantation enjoys some of the best weather conditions in all of Belize. An Average regional temperatures in the Belize District range from the mid 70's to the mid 80's (Fahrenheit) and because of its location along the shoreline, the Plantation is cooled by regular trade-winds throughout the year, giving it a temperature comparable to that of other major tourism destination such as Waikiki, Hawaii. Rainfall in the Belize District averages approximately 70 inches per year, which is almost half as much as that in the south of Belize. In addition, the Plantation's location on the mainland of Belize protects it from much of the force generated by ocean storms and swells that are experienced out on the fringing Cays. Nevertheless, Hurricanes and storm swells do pose a potential hazard.