SALVAGE BID LETTER

         AIRCRAFT:   2006 Robinson R22 Beta II, N74815; S/N: 3980                          PHOTOS

         ENGINE(S):   Lycoming 0-360-J2A, S/N: L-23456-36E

        APPROXIMATE TOTAL HOURS (estimated from logbooks or other information):

        ENGINES:  5522.9 TT; 1520.0 SMOH      AIRFRAME:   3536.8 TT; 1336.8 SMOH

       EQUIPMENT:  See attached EQUIPMENT LIST    

       DESCRIPTION OF ACCIDENT:   Hard landing and roll-over

       DESCRIPTION OF DAMAGES:  See attached photos.    PHOTOS

       LOCATION OF AIRCRAFT:  Phoenix, AZ          

       REMARKS:          

       INQUIRIES:  Shari Thompson (480) 586-3607; shari.thompson@cvstarr.com

       INSURED: Quantum Helicopters                                                                         

       CLAIM NUMBER:   AAC00336624 / AZ / Chubb

      All bids must be returned directly to fax # (404) 521-4598.

      Policy/Agreement

       You are advised that the described aircraft is for sale “AS IS/WHERE IS” and written, sealed bids or faxes will be accepted no later than 4:30 pm EST, Friday, May 15, 2009.  The bidder will be notified

       on the following Tuesday and agrees to provide wire transfer.  Salvage will not be released until receipt of your wire transfer.  All storage and handling charges accrued prior to notification of high bid will be

       the responsibility of the seller and after that date will be the responsibility of the purchaser.  Seller reserves the right to reject any or all bids.

       Seller makes no expressed nor implied warranties for the condition, fitness for purpose, value, airworthiness or operation of performance of any kind whatsoever, whether in contract or tort in respect to the sale

       of any aircraft salvage. The buyer acknowledges that they have had the opportunity to inspect and evaluate the aircraft before signing and forwarding their bid and purchasing same.

       Please submit your bid on this form and return it so as to be received in this office no later than 4:30 pm EST, Friday, May 15, 2009.

       Name of Bidder                                                                Amount of Bid $                                            

      Address                                                                                                                                                    

      Phone  Number                                                                 Fax Number                                                   

      Bidder Signature                                                              Date of Bid