About the Coalition of Vespers Policyowners

The Coalition of Vespers Policyowners is made up of the three professional firms, Chaconas & Wilson, PC, Yorke Burke & Lee, PA, and William A. Marr, Jr., Esq. that own certain life insurance policy or policies that VESPERS, LLC (“VESPERS”) acquired for investors. We asked VESPERS to pay the premiums on the identified policies that are necessary to keep them in-force, but despite its obligation to do so, VESPERS has refused all of our requests that VESPERS provide such required additional funding.

We regret that VESPERS has chosen to ignore our repeated requests to correct this situation. Since September 1, 2007, Sinomatic Investment Holdings Ltd. (the “Funder”) voluntarily and temporarily has been paying the premiums for your policy(ies) while we solicited your instructions on how you would like to arrange for the payment of future premiums for your policy(ies). If the Funder had not taken this action, your policy(ies) would have already lapsed. We have sent affected investors a letter describing three options available to them. We understand that each of the choices outlined above has disadvantages, but your choices are limited under these circumstances. You should discuss these options with your personal advisors with specific reference to their own situation, including the application of your own country, state and local laws.

None of the enclosed agreements and forms affects any legal rights or remedies that you may have against VESPERS.

YOU MUST MAKE AN OPTION ELECTION NO LATER THAN JULY 31, 2008, FOLLOWING THE INSTRUCTIONS IN OUR LETTER TO YOU.

If a policy matures before the Option Election Deadline, you will receive your allocable share of the death benefit net of the sum of your pro rata share of the amount of premium that the Funder has advanced since September 1, 2007, and related Funder and Policyowner expenses.

If you or your advisors have any questions, please write to us at PO. Box 33253, Washington, DC, 20033-0253 or email us at questions@privatesectorfix.info.