| Alpha Beta Realty Century 21
Retirement Villas and Villages

Alpha Beta Realty, Century 21 is selling land for development as well
as established and new houses in Perth. It is part of the Century 2000
network.
Alamco Project with Alpha Beta Realty is the development of Retirement
Villages. The return meets the investment requirement of Alamco which is
30% Return on Investment. Purchase of retirement villas falls under the
"Brick and Mortar" category in the portfolio. This part of the
portfolio caters to the "baby boomers" high demand for retirement homes and facilities.
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