SHARE FOR SALE IN

HENRIETTA

BASED AT ST. JEAN de LOSNE ON THE FRENCH WATERWAYS

 YEARLY RUNNING COSTS

BUDGETED ANNUAL EXPENDITURE FOR 2009 / 2010

MOORINGS..........................................................£2000

ELECTRIC.............................................................£750

LICENCE...............................................................£350

INSURANCE.........................................................£1500

TURNAROUND.....................................................£1100

SERVICING............................................................£800

BREAKDOWNS & REPAIRS....................................£1000

CALL OUTS & EMERGENCIES...................................£750

INVENTORY & REPLACEMENTS...............................£750

GAS.......................................................................£200

MISCELLANEOUS / PETTY CASH..............................£500

                       TOTAL EXPENDITURE........................£9700

       FOR 2009/2010

COST PER 8% SHAREHOLDING................................£776

WINTER MAINTENANCE IS CHARGED WHEN THE WORK IS CARRIED OUT

THE TYPICAL COST IS....................................£??? per share

ADMINISTRATION COSTS..........................................£??? per share

TOTAL COST FOR THE YEAR PER 8% SHAREHOLDING.......................£????