Common use of See Appendix E Clause in Contracts

See Appendix E. Land Rights Valuation Calculation." (6) Diluted shares outstanding calculated using the Treasury Stock Method. See Appendix F - "Diluted Share Calculation." 35 == VALUATION SUMMARY ================================================================================ Precedent Transaction Summary Valuation Matrix (In thousands, except per share) ------------------------------ Offer Price $ 5.100 ==============================

See Appendix E. Land Rights Valuation Calculation." (6) Diluted shares outstanding calculated using the Treasury Stock Method. See Appendix F - "Diluted Share Calculation." 35 38 == VALUATION SUMMARY ================================================================================ Precedent Transaction Summary Valuation Matrix (In thousands, except per share) ------------------------------ Offer Price $ 5.100 ==============================------------------------------------

See Appendix E. Land Rights Valuation Calculation." (6) Diluted shares outstanding calculated using the Treasury Stock Method. See Appendix F - "Diluted Share Calculation." 35 37 == VALUATION SUMMARY ==================================================================================================================================== Precedent Transaction Summary Valuation Matrix (In thousands, except per share) ------------------------------ -------------------------------- Offer Price $ 5.100 5.1000 ================================ ------------------------------------------------------------------------------------------------------------------------------------ 2002E

See Appendix E. Land Rights Valuation Calculation." (6) Diluted shares outstanding calculated using the Treasury Stock Method. See Appendix F - "Diluted Share Calculation." 35 36 == VALUATION SUMMARY ================================================================================ Precedent Transaction Summary Valuation Matrix (In thousands, except per share) ------------------------------ Offer Price $ 5.100 ==============================