ASSET SUMMARY 9/30112 Leon & Debra Black 7.2% Interest in BFP $ 123.1ma Art.books.etc at cost $1.6bil E Starfire $25mil Cash at USTrust: $13rnil Cash&Mkt Sec at JPM $12mil Note due from 1997 Trust $19mil (Note payable due to BFP $62mi1) Marketable Securities: 58.8ma AP Alternative Assets 58.7mi1 AP InvestmentEurope ltd$0.1mil Investment Partnershlos$6mil Apollo IF/EU Advisors&Colnyest Apollo Advisors III Apollo Men Advisors Apollo Men Colnvestors Excelsior Advisors Apollo El II Coinvest LLC Apollo RE V Colnvest LLC Apollo Real Estate Cap Partners Apollo Real Estate Fund LP AP AR Holdco 0.2 AP Technology 0.1 Valcour II Assoc Residual Inv Corp Will Cardiff Asoclates LP .881 M-Cfift Partners LP Pegasus Partners LP .052 Power Investors LP Protocols of LonLP Remainderman LLC .354 Multiple Theatre related LLCs Real Estate: $105m0 Life Insurance cash value$21.1m0 Total Value $1.87 bit LDB 2011 LW 7.0% Interest in FOP $119mil M at Cost Cash at JP Morgan Stocks held at JPM $47 mil $16.5 mil $2 mil Investment Partnershiris:$14.1 me AP Technology PartnersLLC 0.6 AP SHL Investors LLC Apollo RE Investment Fund AREIF III Transfer Members LLC BHM Investors M•Clift Partners .231 Microbes Investors LLC Remainderman Investors LLC .3 AREIF Colnv IV Vuoproto Investors LLC Apollo FCI Colnv 13.0 Apollo Investment Fd Searchlight Capital 0.5 Total Value $ 198mil 1997 Black Family Trust 4.55% Interest BFP $77.4 mil Art at Cost $201 mil Art at cost Cash at US Trust Cash at US Trust $22.2 mil Cash/Stocks at BS/JPM $2.1mil (Note payable to LDB $19mil) 101 Warren Street Apt $3.0mil Marketable Securities: $10.8 mil BlueStar I, LLC 50.209 mil Buckingham RAF Ptrs $10.6 mu Investment PstriemIlla $B.Omil Apollo Advisors II AREIF Ill Colnvest LW AREIF IV Colnvest LLC Apollo RE Advisors IV, LP Apollo RE Advisors III, LP AP Energy Partners Dune Real Estate Fund LW 1.7 Giftherse Ptrs LLC .227 Quadrangle Cap Pas