2008 ANNUAL EMPLOYEE APPRECIATION FUND

Important Holiday Notice!
Annual Employee Appreciation Fund

As you all know, our building is run by caring and diligent staff throughout the year. Our staff is an important aspect of the Nauru Tower experience. The building would not function effectively without their hard work. Please remember them and extend to them the joys of the Holiday Season by being generous and contributing to our Annual "Nauru Tower Employee Appreciation Fund." Your contribution to this fund is greatly appreciated and can be made as follows:

1. Make your checks, money orders, or cashiers checks payable to the
"Nauru Tower Employee Appreciation Fund."

2. Put your check in a sealed envelope and address it to:
TO: Nauru Tower - Kevin Cole
c/o Hawaiiana Management Co. Ltd.
711 Kapiolani Blvd. # 700
Honolulu, HI 96813

3. You can either (A) Mail it (B) Deliver it to our Security.
Sealed envelopes received by the Security will be collectively sent to Kevin Cole of Hawaiiana
Management Company, for record keeping and deposit.

PLEASE MAKE YOUR DONATION BY FRIDAY, DEC. 19, 2008, IF POSSIBLE, TO MEET 2008 DISTRIBUTION.

Thank you for your support.

The Nauru Tower Board of Directors