LDB/ DRB NO LOOK THRU Balance Sheet Apr 30,2014 Cash U.S. TRUST JPM CASH/MARKETABLE SECURITIES Fine Art and Tangible Investments ART - BRONZES - CHINESE ART - BRONZES - SOUTHEAST ASIA ART - FINE ART - RARE BOOKS & MANUSCRIPTS WALKING STICKS JEWELRY BLACK FAMILY PARTNERS, LP (LOOK THRU) CASH NON-BRH INVESTMENTS INTERCO REC (PAY) APOLLO OPERATING GROUP - BRH HOLDINGS APOLLO OPERATING GROUP - TRA 2007 APOLLO OPERATING GROUP - TRA FUTURE Financial Investments GRAT ANNUITIES RECEIVABLE MARKETABLE SECURITIES AP ALTERNATIVE ASSETS APOLLO RELATED INVESTMENTS INVESTMENT PARTNERSHIPS PRIVATE EQUITY & ILLIQUIDS DISTRIBUTION REC - BFP LP Planes, Boats & Autos AVIONETTA LLC (PLANE) BJAV MARINE LTD. (STARFIRE) AUTOMOBILES Real Estate RESIDENCE - NYC RESIDENCE - BEDFORD RESIDENCE - SH RESIDENCE - AZ & CONDO Tangible Personal Property HOUSEHOLD PROPERTY Total Assets LOAN PAYABLE-BANK OF AMERICA (ART) LOAN PAYABLE - BLACK FAMILY PARTNERS LP DUE TO APO 1 DEFERRED REVENUE - GRAT REC Total Liabilities Net Worth 63.26 7.76 330.47 16.85 1,641.24 76.48 0.54 46.62 0.57 25.40 6.79 265.01 8.56 34.88 1,599.32 7.44 21.66 2.50 0.03 5.03 0.87 5.71 4.69 0.42 21.00 30.00 50.00 2.00 23.12 (470.00) (57.10) (1,693.61) (39.82) 71.02 2,112.20 341.21 1,636.85 10.82 103.00 23.12 4,298.23 (2,260.54) (2,260.54) 2,037.69 EFTA00602764

--=PAGE_BREAK=--

LDB/ DRB NO LOOK THRU Apr 30,2014 INVESTMENT DETAIL AFP IMAGING CORP 470 IMAX CORP 33,636 KROGER CO 990,157 LADENBURG THALMANN FINL SVCS 74,679 MAGMETEK INC. 1,482 REGIS CORPORATION 435,002 REPUBLIC SERVICES INC. 773,997 SIRIUS - OPTIONS 0 UNITED RENTALS INC 1,848,767 VECTOR GROUP LTD 3,277,527 7,435,717 AP SHL INVESTORS LLC 20,000 AP TECHNOLOGY PARTNERS LLC 13,886 33,886 APOLLO - APOLLO ADVISORS II 2,480,653 APOLLO - APOLLO ADVISORS LP 10,579 APOLLO - APOLLO CAPITAL MANAGEMENT INC. 0 APOLLO - APOLLO CORP EU II CO-INVESTORS 0 APOLLO - APOLLO INVESTMENT FUND 9,670 APOLLO - AIF II 0 2,500,902 107 PORTFOLIO LP 0 976 MADISON RESTAURANT LLG 250,000 EXCELSIOR CO-INVEST ADVISORS 48,931 298,931 PRIVATE EQUITY - COLL. INVEST VEHICLES - FORMER APOLLO APOLLO INTL RE ADVISORS LP 870,225 APOLLO INTL RE CO-INVESTORS LLC 311,887 APOLLO POLAND RE ADVISORS LLC 770,740 APOLLO RE ADVISORS LP 0 APOLLO RE CAP PARTNERS 0 APOLLO RE CAPITAL INC. 0 APOLLO RE INVESTMENT FUND 0 EFTA00602765

--=PAGE_BREAK=--

APOLLO RE MANAGEMENT INC. APOLLO RE MEZZANINE ADVISORS AREIF V CO-INVESTORS LLC AREMF CO-INVESTORS LLC AP AR HOLDCO AP CAPITAL PROP CO PRIVATE EQUITY - DIRECT RGENIX ESWW SHARES TOTAL PRIVATE EQUITY 0 54,619 731,330 27,669 636,853 913,654 4,316,977 100,000 315,400 415,400 5,031,308 EFTA00602766

--=PAGE_BREAK=--

BLACK FAMILY GROUP ENTITY LOOK THRU Global Balance Sheet Apr 30,2014 fAssets Cash U.S. TRUST JPM CASH/MARKETABLE SECURITIES Fine Art and Tangible Investments AOG + TRA ART - BRONZES - CHINESE ART - BRONZES - SOUTHEAST ASIA ART - FINE ART - RARE BOOKS & MANUSCRIPTS WALKING STICKS JEWELRY APOLLO OPERATING GROUP - BRH HOLDINGS APOLLO OPERATING GROUP - TRA 2007 APOLLO OPERATING GROUP - TRA FUTURE Financial Investments MARKETABLE SECURITIES AP ALTERNATIVE ASSETS APOLLO RELATED INVESTMENTS INVESTMENT PARTNERSHIPS PRIVATE EQUITY & ILLIQUIDS Planes, Boats & Autos Real Estate AVIONETTA LLC: PLANE AT COST BJAV MARINE LTD. (STARFIRE) AUTOMOBILES RESIDENCE - NYC RESIDENCE - BEDFORD RESIDENCE - SH RESIDENCE - AZ & CONDOS RESIDENCE - UK Tangible Personal Property HOUSEHOLD PROPERTY Other Private Investments & Insurance Total Assets Total Liabilities Net Worth PRIVATE INVESTMENT - PLB (PHAIDON) LOAN - PLB (PHAIDON) DRB PRODUCTIONS LIFE INSURANCE - CSV LOAN PAYABLE-BOFA (ART) LOAN PAYABLE-BOFA (AVIONETA) ACCOUNTS PAYABLE LOAN - STARFIRE (BJAV) LOAN - CONDO (OFH) 100.26 __30.24 130.51 330.47 16.85 2,205.12 76.48 0.54 46.62 2,676.08 2,522.64 81.45 __ 332.05 2,936.14 12.17 22.59 152.17 107.85 74.47 369.24 27.93 22.01 0.42 50.36 21.00 30.00 58.30 22.00 4.23 135.53 23.12 23.12 63.29 14.81 1.59 18.90 _ 98.59 6,419.57 (470.00) (22.23) (0.05) (17.90) (8.25) (518.43) (518.43) 5,901.14 EFTA00602767

--=PAGE_BREAK=--

BLACK FAMILY GROUP ENTITY LOOK THRU INVESTMENT DETAIL Apr 30,2014 COLLECTIVE INVES. VEHICLE - NON APOLLO ANCHORAGE CAPITAL PARTNERS BHM INVESTORS BLUE STAR | LLC BLUE SUNSHINE, LLC BUCKINGHAM RAF PARTNERS LP CANYON VALUE REALIZ. FUND LP DUNE REAL ESTATE FUND LP GIFTHORSE PARTNERS, LLC JERUSALEM VENTURE PARTNERS LLC KING STREET CAPITAL LP LONE CASCADE LP MARKSTONE CAPITAL PARTNERS MICROBES INVESTORS LLC MILLENNIUM GROUP USA LP PAM CENTRE LP PROQUEST INVESTMENTS, LP VIROPROTO INVESTORS LLC AP ENERGY PARTNERS AP TECHNOLOGY PARTNERS LLC AP SHL INVESTORS LLC AIF Il LP APOLLO - AINV SHRS DIST FR AIC ATHENE HOLDING LIMITED APOLLO -FCI CO-INVESTORS | (A) APOLLO -FCI CO-INVESTORS II (A) APOLLO - APOLLO ADVISORS II APOLLO - APOLLO ADVISORS LP APOLLO - APOLLO CAPITAL MANAGEMENT INC. APOLLO - APOLLO CO-INVESTORS Ill, LLC APOLLO - APOLLO CO-INVESTORS IV, LLC APOLLO - APOLLO CO-INVESTORS V, LLC APOLLO - APOLLO CO-INVESTORS VI (A) LLC APOLLO - APOLLO CORP EU II CO-INVESTORS APOLLO - APOLLO CREDIT | LP APOLLO - APOLLO INVESTMENT FUND APOLLO - APOLLO SOMA CO-INVESTORS LLC APOLLO - APOLLO VIF CO-INVESTORS LLC APOLLO -APOLLO INVESTMENT FUND APOLLO - AIF II 17,393,880 292,633 102,766 0 10,021,368 18,603,443 1,761,891 227,611 0 38,150 35,074,951 212,061 142,916 23,567,120 0 0 300,000 0 88,175 20,000 0 107,846,965 COLLECTIVE INVES. VEHICLE - APOLLO 11,032,190 10,400,000 19,215,867 12,040,975 3,186,867 10,579 0 2,150,877 539,414 3,550,566 38,075,136 0 40,837,815 9,670 3,062,894 8,051,608 225 0 152,164,683 EFTA00602768

--=PAGE_BREAK=--

BLACK FAMILY GROUP ENTITY LOOK THRU INVESTMENT DETAIL Apr 30,2014 PRIVATE EQUITY - COLLECTIVE INVEST VEHICLES - NON-APOLLO 107 PORTFOLIO LP 976 MADISON RESTAURANT LLC EXCELSIOR CO-INVEST ADVISORS HAMLET HOLDINGS LLC HAO CAPITAL FUND LP ICRETE LLC KNOWLEDGE UNIVERSE ED, LP QUADRANGLE (ACCESS) CAPITAL QUADRANGLE (AIV) CAPITAL PTR II QUADRANGLE (AIV2) CAP PTR II QUADRANGLE (OFFSHORE) CAP PT II QUADRANGLE (OFFSHORE) CAPITAL QUADRANGLE CAPITAL PARTNERS QUADRANGLE CAPITAL PARTNERS II RALLY LABS RESTAURANT ADVISORS LLC SEARCHLIGHT CAPITAL SEARCHLIGHT CAPITAL AIV | LP SUSTAINABLE WOODLANDS FUND II TENFORE HOLDINGS FUND | LP WCP AlV, LP WOLFENSOHN CAPITAL PARTNERS PRIVATE EQUITY - COLLECTIVE INVEST VEHICLES - FORMER APOLLO APOLLO INTL RE ADVISORS LP APOLLO INTL RE CO-INVESTORS LLC APOLLO POLAND RE ADVISORS LLC APOLLO RE ADVISORS III APOLLO RE ADVISORS IV APOLLO RE ADVISORS LP APOLLO RE CAP PARTNERS APOLLO RE CAPITAL INC. APOLLO RE INVESTMENT FUND APOLLO RE MANAGEMENT INC. APOLLO RE MEZZANINE ADVISORS AREIF Ill CO-INVESTORS AREIF Ill TRANSFER MEMBERS LLC AREIF IV CO-INVESTORS AREIF V CO-INVESTORS LLC AREMF CO-INVESTORS LLC AP AR HOLDCO AP CAPITAL PROP CO 0 250,000 48,931 0 3,141,428 1,500,726 33,770,566 187,068 468,635 76,959 1,269,752 154,673 322,317 968,064 188,015 801,115 182,951 19,090,079 482,232 7 2,067,123 64,970,641 870,225 311,887 770,740 34,331 57,942 0 0 0 0 0 54,619 51,074 1,479 616,713 731,330 27,669 636,853 913,654 5,078,516 EFTA00602769

--=PAGE_BREAK=--

BLACK FAMILY GROUP ENTITY LOOK THRU INVESTMENT DETAIL Apr 30,2014 RGENIX 100,000 T-INK STOCK 100,003 M-RELATED LLC 0 ESWW CONV NOTE 2,941,093 ESWW RIGHTS 0 ESWW SHARES 1,276,350 4,417,446 TOTAL PRIVATE EQUITY 74,466,602 EFTA00602770