| June, 2003 |
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| Has purchased "A" and "B" piece tranches of the Wachovia 2003 - WHALE 2 pool of Commercial Mortgage-Backed Securities (secured by mortgages on U.S. properties), including loans with an aggregate face value of: |
| $27,000,000 |
| The undersigned served as underwriter and financial advisor to RER Resources LP, the buyer's investment advisor: |
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| 2749 NE 19th Street, Suite 600 Fort Lauderdale, Florida 33305 tel 954.567.4577 fax 954.567.4578 e-mail jwiberg@TriodeRA.com |
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