LDB/ DRB NO LOOK THRU Balance Sheet Apr 30,2014 Assets Cash U.S. TRUST 63.262.000 JPM CASH/MARKETABLE SECURITIES 7.766.000 71,028.000 BLACK FAMILY PARTNERS, LP (LOOK THRU) APOLLO OPERATING GROUP - BRH HOLDINGS 266.176,000 APOLLO OPERATING GROUP - TRA FUTURE 33.127.000 NON-BRH INVESTMENTS 25.194.000 APOLLO OPERATING GROUP - TRA 2007 9.484.000 INTERCO REC (PAY) 6.653.000 CASH 573.000 341,207.000 Financial Investments GRAT ANNUITIES RECEIVABLE 1.574.452.000 AP ALTERNATIVE ASSETS 22.214.000 MARKETABLE SECURITIES 7.426.000 PRIVATE EQUITY & ILLIQUIDS 5.031.000 APOLLO RELATED INVESTMENTS 2.501.000 DISTRIBUTION REC - BFP LP 874.000 INVESTMENT PARTNERSHIPS 34.000 1.612.532,000 Fine Art and Tangible Investments ART - FINE 1.641.237,000 ART - BRONZES - CHINESE 330.474,000 ART - RARE BOOKS & MANUSCRIPTS 76.484.000 JEWELRY 46.623.000 ART - BRONZES - SOUTHEAST ASIA 16.850.000 2.111,668,000 Planes, Boats & Autos BJAV MARINE LTD. (STARFIRE) - Net of Debt 4.692.000 AUTOMOBILES 420.000 AVIONETTA LLC (PLANE) - Net of Debt (997.000) 4,115.000 Real Estate RESIDENCE - SH 50.000.000 RESIDENCE - NYC 30.000.000 RESIDENCE - BEDFORD 30,000.000 RESIDENCE - AZ 2,000.000 112.000.000 Tangible Personal Property HOUSEHOLD PROPERTY 23.124.000 OTHER PERSONAL ITEMS 536.000 23,660.000 Total Assets 4.276.210.000 Liabilities DUE TO APO 1 (1.693.541,000) LOAN PAYABLE-BANK OF AMERICA (ART) (470.000.000) LOAN PAYABLE - BLACK FAMILY PARTNERS LP (55.370.000) - (2.218,911.000) Total Liabilities (2.218.911.000) Net Worth 2.057.299,000 EFTA00606123