LANDMARK LAND COMPANY, INC.
MEMORANDUM
TO: Board of Directors, ct. al.
FROM: Jerry Barton
DATE: March 9, 2010
SUBJECT: Apes Hill — Paul Lamb
Martha and I returned last night from 5 days in Barbados. We had very encouraging and
constructive conversations with Paul Lamb and are expecting a term sheet by the end of
this week or perhaps the beginning of next week concerning a loan he has agreed to make
to Landmark.
At this point I don't know more, but when I do, I will contact you immediately.
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