Sealed Bid Stock Auction Sale – South Point Golf Holdings, Inc.

Auction Headquarters: 8000 Esham Road, Parsonsburg, MD

Bids must be submitted by Friday June 12th at 7:00 PM

Allen & Marshall Auctioneers and Appraisers, LLC. is pleased to offer 16 shares of South Point Golf Holdings, Inc. (holding company for the Ocean City Golf Club)

Bids will be accepted until 7pm Friday June 12th, 2009.

Directions: At the intersection of Rt. 50 & Forest Grove Rd., in Parsonsburg, turn North onto Forest Grove Rd. and follow for 0.5 miles to Old Ocean City Rd. Right onto Old O. C. Rd. and follow for 1.2 miles to Esham Rd. Left onto Esham Rd. and follow for 1.2 miles to burgundy/tan building on left. Signs Posted.

Invitation: You are hereby cordially invited to participate in a Sealed Bid Auction. Allen & Marshall Auctioneers and Appraisers, LLC. is pleased to offer 16 shares of South Point Golf Holdings, Inc. stock (holding company for the Ocean City Golf Club) for sale via Sealed Bid Auction. The above mentioned shares are offered in conjunction with the estate settlement following the recent passing of a Worcester County resident. Please find enclosed the terms of the auction and bid form required for bid submissions. All bids must be received in the offices of Allen & Marshall Auctioneers and Appraisers, LLC. located at 8000 Esham Rd, Parsonsburg, MD 21849 on or before Friday June 12th, 2009 at 7pm. Feel free to direct any questions to Dave Allen at Allen & Marshall Auctioneers 410-835-0384.

Sealed Bid Auction Terms: The minimum bid shall be $750.00 per share. The stock shares will be sold in (2) share increments with no exceptions. All bids must be received in the offices of Allen & Marshall Auctioneers and Appraisers, LLC. on or before 7pm Friday, June 12th, 2009. Bids arriving after said date and time will not be recognized in the bid opening. Eligible bids will be promptly opened at 7:30pm Friday, June 12th, 2009.

Contact Auction Company for Additional Details. 410-835-0384

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