Beacon Hill Master LTD.

IN THE GRAND COURT OF THE CAYMAN ISLANDS

CAUSE NO: 692 OF 2003

IN THE MATTER OF THE COMPANIES LAW (2003 REVISION)
AND IN THE MATTER OF BEACON HILL MASTER, LTD. (IN LIQUIDATION)

On January 30, 2004, the Grand Court of the Cayman Islands entered an order placing Beacon Hill Master, Ltd. (the "Master Fund") in liquidation and appointing Theo Bullmore and Phillip Stenger as Joint Official Liquidators (the "JOLs") of the Master Fund. Mr. Bullmore, an accountant, is the managing partner at the office of the accounting firm KPMG in the Cayman Islands. Mr. Stenger, an attorney, is the founding partner of the law firm of Stenger & Stenger, P.C. in Grand Rapids, Michigan.

In addition to their roles as JOLs of the Master Fund, Mr. Stenger acts as Receiver of Safe Harbor Fund L.P. and Mr. Bullmore acts as Official Liquidator of Bristol Fund, Ltd (in Official Liquidation) ("Bristol").¹

If you have any comments, questions or concerns regarding the liquidation of the Master Fund, please contact the JOLs at:

Theo Bullmore, Joint Official Liquidator

Phillip S. Stenger, Joint Official Liquidator

KPMG

Stenger & Stenger, P.C.

Century Yard

4095 Embassy Drive, SE

P.O. Box 493 GT

Suite A

Grand Cayman, Cayman Islands

Grand Rapids, MI 49546

B.W.I.

U.S.A.

E-mail: tbullmore@kpmg.ky

E-mail: phil@stengerlaw.com

Telephone: (345) 949-4800

Telephone: (616) 940-1190

Facsimile: (345) 949-7164

Facsimile: (616) 940-1192

_____________________
¹Prior to the appointment of the JOLs, Theo Bullmore acted as Provisional Liquidator of the Master Fund and Bristol pursuant to Orders of the Grand Court of the Cayman Islands dated October 28, 2003.

ATTENTION MILESTONE INVESTORS: If you would like to be added to the distribution/service list to receive mailings from the Joint Official Liquidators regarding activity occurring in the liquidation of Beacon Hill Master, Ltd. (In Official Liquidation), please email your contact information (including the name of the entity through which you are invested in Milestone; the name and email address of a primary contact person; the mailing address; and the phone number at which you can be reached) to Heather Bell at heather@stengerlaw.com or Sara Fazio at sara@stengerlaw.com. We will gladly include you on all future mailings.