BLACK ASSET SUMMARY NOTE JUNE 30. 2014 TOTAL LEON 8 DEBRA BLACK LOB 2011 LLC • 2011 TRUSTS APO2 TRUST SLAM FOAMY OST TRUST" APOI TRUST ORATE BLACK FAMILY PARTNERS ASSETS CASH US. TRUST 140143.331 95.138.369 140.654 2.651.309 2183.114 23279130 20.749.938 JP MORGAN 35.730.371 7.766.154 25.153.180 133.317 1.032.109 1.645.611 BLACK FAMILY PARTNERS. LP 260.976.719 233.801.470 409.312.871 2.357.426698 AOG RELATED ITEMS' SRN HOLDINGS. LP (45.9%). 527,00:92.727.166 SKS 2.570397.042 2.570.397.012 CONRNSF-NT RECEIVABLE FROM AFFILIATE 356.8601319 356.860.819 FINANCIAL INVESTMENTS MARKETABLE SECURITIES 11.733.977 7.729.838 3.883.099 121.040 APOLLO RELATED NVESTIAENTS 185.552.805 21.082.425 18.896.637 47248.294 77.725.449 OTHER PRIVATE EQUITY! DEBT 5 RESTRICTED STOCK 160,613,295 5.205.039 13.425.296 62,557.977 79.424.983 INVESTMENT PARTNERSHPS 108,028,927 28.779 821.447 11.653.022 95.525.179 INTRA FAMILYITRUST RECEIVABLES GRAT ANNUITIES RECEIVABLE NOTE 1.544.301233 1.514.301.233 LOB 1,731,992.531 1.700253.062 31.639.449 BLACK FMIILY PARTNERS LP 1.150.930 923.606 227.324 CHILDRENS TRUSTS 9.378.177 9.378.177 NARROWS 25.066325 25.066.325 1997 TRUST 80.911.731 80.911.734 PINE ART Alt TANGIBLE INVESTMENTS ART. BRONZES . CHINESE 330.474000 330.474.000 ART' BRONZES • SOUTHEAST ASIA 23.850.000 23.850.000 ART FINE 1101E 1 2,210,211.587 1.610.657.205 72.750.000 351.293.913 145.508.469 ART • RARE BOOKS 8 MANUSCRIPTS 76,483.850 76.483.850 JEWELRY 46.622.879 16.622.879 PLANES. BOATS 8 AUTOS AVICNE TA HOLDINGS LW (PLANE ) 21.850.000 21.850.800 BJAV MARNE LTD. (STARFIRE) 26200.000 26.000.000 AUTOMCCILES NOTE I 100.197 404.197 REAL ESTATE RESIDENCE 29.000.000 29.000.000 RESIDENCE 1.000.000 1.000.000 RESIDENCE 5.025.000 5.025.000 RESIDENCE 30,000.000 30.000.000 RESIDENCE 50.000.000 50.000.000 RESIDENCE 8.300.000 8.300.000 RESIDENCE 2,000,000 2.000.000 •