Common use of Summarised Forecast Financial Statements Clause in Contracts

Summarised Forecast Financial Statements. A full set of forecast financial statements for the Cayman Islands Development Bank is provided in the Appendix to this Ownership Agreement. A summary of those forecasts is as follows. Operating Statement 2005/6 $ 2004/5 $ Revenue 3,355,537 8,033,788 Operating Expenses 3,258,057 7,895,449 Net Surplus/Deficit 97,480 138,339 Balance Sheet As at 30 As at 30 June June 2006 2005 $ $ Assets 21,929,081 19,196,200 Liabilities 15,565,441 12,929,441 Net Worth 6,364,240 6,266,760 Statement of Cash Flows 2005/6 $ 2004/5 $ Net cash flows from operating activities 279,556 349,758 Net cash flows from investing activities (10,472,363) (4,327,664) Net cash flows from financing activities 2,636,000 11,352,590

Summarised Forecast Financial Statements. A full set of forecast financial statements for the Cayman Islands Development Bank National Insurance Company is provided in the Appendix to this Ownership Agreement. A summary of those forecasts is as follows. Operating Statement 2005/6 2011/12 Budget $ 2004/5 2010/11 Forecast $ Revenue 3,355,537 8,033,788 55,390,264 49,085,055 Operating Expenses 3,258,057 7,895,449 58,750,930 51,510,058 Net Surplus/Deficit 97,480 138,339 (3,360,666) (2,425,003) Balance Sheet As at 30 2011/12 Budget $ As at 30 June June 2006 2005 $ 2011 $ Assets 21,929,081 19,196,200 13,938,977 17,940,667 Liabilities 15,565,441 12,929,441 8,644,201 9,285,225 Net Worth 6,364,240 6,266,760 5,294,776 8,655,442 Statement of Cash Flows 2005/6 2011/12 Budget $ 2004/5 2010/11 Forecast $ Net cash flows from operating activities 279,556 349,758 (2,752,839) (3,245,413) Net cash flows from investing activities (10,472,3633,000) (4,327,664734,528) Net cash flows from financing activities 2,636,000 11,352,5900 (1,424,712) 97 2011/12 Ownership Agreements

Summarised Forecast Financial Statements. A full set of forecast financial statements for the Cayman Islands Development Bank is provided in the Appendix to this Ownership Agreement. A summary of those forecasts is as follows. Operating Statement 2005/6 2006/7 $ 2004/5 Estimated Actual 2005/06 $ Revenue 3,355,537 8,033,788 3,186,176 2,337,872 Operating Expenses 3,258,057 7,895,449 2,944,281 2,115,500 Net Surplus/Deficit 97,480 138,339 241,895 222,372 Balance Sheet As at 30 June 2007 $ As at 30 June June 2006 2005 $ $ Assets 21,929,081 19,196,200 26,331,180 19,400,511 Liabilities 15,565,441 12,929,441 19,629,277 12,940,503 Net Worth 6,364,240 6,266,760 6,701,903 6,460,008 Statement of Cash Flows 2006/7 $ 2005/6 $ 2004/5 $ Net cash flows from operating activities 279,556 349,758 84,836 251,515 Net cash flows from investing activities (10,472,3638,903,536) (4,327,6645,657,975) Net cash flows from financing activities 2,636,000 11,352,5906,719,277 (31,441)

Summarised Forecast Financial Statements. A full set of forecast financial statements for the Cayman Islands Development Bank National Insurance Company Ltd. is provided in the Appendix to this Ownership Agreement. A summary of those forecasts is as follows. Operating Statement 2005/6 $ 2004/5 $ 2003/4 $ Revenue 3,355,537 8,033,788 16,733,385 504,161 Operating Expenses 3,258,057 7,895,449 (16,618,187) (1,683,751) Net Surplus/Deficit 97,480 138,339 115,198 (1,179,590) Balance Sheet As at 30 June 2005 $ As at 30 June June 2006 2005 $ 2004 $ Assets 21,929,081 19,196,200 6,951,423 3,000,000 Liabilities 15,565,441 12,929,441 (2,736,225) 0 Net Worth 6,364,240 6,266,760 4,215,198 3,000,000 Statement of Cash Flows 2005/6 2004/5 $ 2004/5 2003/4 $ Net cash flows from operating activities 279,556 349,758 2,851,423 (1,179,590) Net cash flows from investing activities 0 (10,472,363) (4,327,664250,000) Net cash flows from financing activities 2,636,000 11,352,5901,100,000 4,179,590

Summarised Forecast Financial Statements. A full set of forecast financial statements for the Cayman Islands Development Bank National Insurance Company Ltd. is provided in the Appendix to this Ownership Agreement. A summary of those forecasts is as follows. Operating Statement 2005/6 2007/8 Budget $ 2004/5 2006/7 Forecast $ Revenue 3,355,537 8,033,788 34,741,262 30,263,264 Operating Expenses 3,258,057 7,895,449 34,608,800 30,428,263 Net Surplus/Deficit 97,480 138,339 132,462 (164,999) Balance Sheet As at 30 June 2008 $ As at 30 June June 2006 2005 $ 2007 $ Assets 21,929,081 19,196,200 11,081,982 9,302,154 Liabilities 15,565,441 12,929,441 10,497,733 9,350,368 Net Worth 6,364,240 6,266,760 584,248 (48,213) Statement of Cash Flows 2005/6 2007/8 Budget $ 2004/5 2006/7 Forecast $ Net cash flows from operating activities 279,556 349,758 801,673 1,920,761 Net cash flows from investing activities (10,472,36359,000) (4,327,66413,160) Net cash flows from financing activities 2,636,000 11,352,590500,000 4,000,000