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LETTER TO THE EDITOR

No rebuilding in progress at Indies Suites

Wednesday,  April 27, 2005

Dear Sir,

The latest we just heard concerning Indies Suites is that the insurance company is offering $700,000 to rebuild a place insured for $2.5 million. As of a week ago when a couple of friends visited Cayman and looked at Indies Suites, there was no rebuilding in progress.

They talked to Ronnie Foster. He also informed us that insurance premiums have been raised to such a rate that he would never be able to insure the building in the future.

We are collecting e-mails of timeshare owners and plan to bring up a web site to keep owners informed. If the Adams read this, please contact me.

Rod Broome

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