Southwest Exchange

Robert L. Brace Bio

SOUTHWEST EXCHANGE

In Re: Southwest Exchange Inc. Internal Revenue Service
§ 1031 Tax-Deferred Exchange Litigation
 United States District Court for the Southern District of Nevada
Case No. 2:07-CV-01394-RCJ-LRL, pending before the Honorable Robert C. Jones
(the MDL RICO Action )

Sorrell, et al. and Southwest Exchange, Inc.
 v. Snell & Wilmer, LLP and Patrick Byrne
Nevada District Court Case No. 2:08-CV-00761-RCJ-LRL,
pending before the Honorable Robert C. Jones
( the Legal Malpractice Action.)

SCCAA Holdings, LLC et al v. Brown & Brown of California, et al.
USDC District of Nevada, Case No. 2:07-cv-00536-RCJ-LRL,
before the Honorable Robert C. Jones
(the Insurance Coverage Action)

In Re: Receivership of Southwest Exchange and Consolidated Litigation
District Court for the State of Nevada, Clark County, Nevada
Case No. 07-535439-B, pending before the Honorable Elizabeth Gonzales
(the State Court Action)

Letters from Robert L. Brace

Notice to Class Regarding Preliminary Approval of the Wave V Settlements