Executive Secretary:         SCOTT SIMPSON
Phone:                                 (435) 640-5878
Address:                             96 South Main
City & State:                       Kamas, Utah 84036

Water Source:                    Beaver and Shingle Creek - Weber River Drainage

Total Shares:                      31,000

Delivery:                            0.3 acre foot per share

Shares/acre:                      8 shares per acre

Annual Fee:                       $.15 per share or minimum of $15.00

Transferability:                 Any where within the distribution system of the 
                                            irrigation company area. OK for a culinary well 
                                            in the drainage area.

Delivery Area:                 Francis, Kamas and Marion area.

Sale Price:                         Ranges between $800 and $1200 per share.

History:

February 17, 2011            Scott Simpson updated the information provided herein. 
                                           He said that the price is currently ranging between $800 and $1200 per share, but has been as high as $2,000

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