August 19, 2008

Hawaiian Island Homes LTD
931 University Av Suite 105
Honolulu, HI 96826
Office: 808-955-6672
Fax: 808-946-3225
Email: danac@hihltd.com

About Hawaiian Island Homes LTD.

COMPANY PROFILE

Hawaiian Island Homes Ltd. is the real estate brokerage arm of the group of companies that was founded by Peter Savio over 25 years ago. The Savio Group of Companies is best known for its successful condominium conversion and resale of residential, hotel and commercial units as well as sale of leased fee conversions. To date, the Savio Group of Companies including Hawaiian Island Homes has successfully converted and acted as sales agents for more than 40 residential, commercial and hotel projects. Hawaiian Island Homes Ltd. has a unique marketing approach to selling its inventory. It is Hawaiian Island Homes Ltd.‘s goal to sell a project’s aggregate inventory within a few days of going to market. Through a unique direct marketing approach, Hawaiian Island Homes Ltd. has successfully sold over 30,000 residential, hotel and commercial condominium units.

As Honolulu’s leading condominium converter, Hawaiian Island Homes Ltd. has sold condominium units to first-time home buyers as well as luxury investors. Hawaiian Island Homes Ltd. has been a project broker for both institutional investors and developers as well individual building owners. Institutional investors that have engaged Hawaiian Island Homes Ltd. include Pacific Century Trust (Bank of Hawaii), Outrigger Hotels and Resorts, The Baywest Group, C. Brewer and Company Ltd., the Shidler Group, Kamehameha Schools/Bishop Estate and the Anderson Group.

We are proud of the fact that in over 25 years and 30,000 transactions, not one of our projects sales has resulted in litigation. Based on the volume of transactions, our companies have one of the best records for non litigation in Hawaii if not in the country.