American Fork
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                             AMERICAN FORK IRRIGATION COMPANY (55-Lehi)

                                                                             

President:                  Kay W. Robinson

Address:                    5528 West 9620 North, Am Fork, UT 84003 

Secretary:                  Michael D. Shumway

Phone:                       801 756-9442

Cell Phone:               668-1166

                                    576 W Pacific Drive (West State street Smith Grocery)

Address:                    PO Box 524                 Timpanogos Professional Bldg.  1st Am Fork Exit.

City & State               American Fork, Utah 84003 

Water Source:           American Fork Canyon

Total Shares:             5400

Delivery:                   Am Fork and Highland give credit for 2.0 AF/Sh

Shares/acre:             2

Annual Fee               $15/Sh + $3.00/Shareholder

Transferability:        Only in the company.

Delivery Area:         American Fork and part of Highland and Lehi south of Murdock Canal

Sale Price/Share:     $4000/Sh and up

New Certificate:       $25 for the new Certificate plus $10/Certificate retired.

Rental Rate/Share: