1812 Brewing Company Inc (KEGS)

[Creos]

This material is being provided by Merrill Lynch, Pierce, Fenner & Smith
Incorporated, Countrywide Securities Corporation, EHY Securities (USA), LLC,
Banc of America Securities LLC, Goldman, Sachs & Co. and Morgan Stanley & Co.
Incorporated (collectively, the "Underwriters") for your information.

GALILEO NXL RETAIL PORTFOLIO 3 PROPERTIES

PROPERTY % OF TOTAL OCCUPANCY PRIMARY TENANT APPRAISED VALUE
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The Crossing at Fry Road........ 9.3% 97.9%(1) Kroger $ 25,200,000
Green River Plaza............... 8.5 99.3 Wal-Mart(2) 12,600,000
Paradise Plaza.................. 8.3 98.7 K Mart 10,040,000
Fashion Corner(3)............... 7.5 88.5 Best Buy 20,000,000
Wisteria Village................ 7.3 100.0 K Mart 10,500,000
Hunting Hills................... 7.0 100.0 Wal-Mart 11,200,000
Brice Park...................... 6.6 95.7 Gregg Appliances(4) 23,575,000
Bristol Plaza................... 6.1 98.1 Pathmark 18,000,000
Tomball Parkway Plaza........... 5.6 98.4 Palais Royal 10,600,000
Kmart Plaza..................... 5.5 100.0 K Mart 9,100,000
Packard Plaza................... 5.2 87.1 Merchandise Outlet 6,500,000
San Dimas Plaza................. 5.0 97.8 T.J. Maxx 31,400,000
Jones Plaza..................... 4.7 93.9 24 Hour Fitness Center 13,600,000
McKinley Plaza.................. 3.9 100.0 T.J. Maxx 12,700,000
University Mall................. 3.4 100.0 Wisebuys $3,500,000
Northside Plaza................. 3.1 93.9 Bi-Lo Store 6,150,000
Stratford Commons............... 3.0 94.8 Officemax 11,230,000
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TOTAL........................... 100.0% 96.9% $235,895,000