22 October 2009 Flag Luxury Properties (Anguilla), LLC C/o Flag Luxury Properties 650 Madison Avenue 15th Floor New York, New York 10022 Attention: Mr. Robert F.X. Sillerman, Chairman & CEO Dear Mr Sillerman Re: Default Notice Pursuant to Section 7 of the Lease Addendum. I am writing this letter on behalf of the Government of Anguilla to Flags Luxury Properties (Anguilla), LLC, for your attention. I am informed that the persons to whom it should normally be addressed are no longer with the company. I regret that I have to address this letter for your attention in light of your medical circumstances. I hope this letter finds you in improved health.

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