QUALIFICATIONS OF APPRAISER
                                                          ROSE M. PERRIZO, MAI

Personal:  Currently resides at 99 Glendale Road in Sharon, MA  02067. 

Education:

            Syracuse University, The Maxwell School (1980)
            Master of Public Administration

            University of Wisconsin at Stevens Point (1979)
            Bachelor of Science, Magna cum laude

Business Experience:

        R.P. REALTY ADVISORS, BOSTON, MA
           1992-PRESENT VP, Commercial Real Estate Broker

Responsible for all aspects of client services and all phases of real estate valuations, market studies, due diligence, and feasibility analyses.  Notable assignments include an internal appraisal of 300 properties financed by a major insurance company; the valuation of a 1.5 million square foot shopping center; and the asset review of a 14 property portfolio for a national pension fund.  Appraise all types of complex commercial properties.  Prepare and present expert testimony.

  Also serves as an independent contract appraiser for Byrne McKinney & Associates and ILS Advisory Group 

LANDAUER ASSOCIATES, NEW YORK, NY                             1985 TO 1992

            Senior Vice President

Supervised teams of consultants on large-scale valuation assignments across the United States; Managed annual pension fund, portfolio and current asset valuation assignments; Developed new business.  Key assignments included the current asset valuation of a $2.5 billion real estate portfolio; an advisory study of 16 land development projects in the Middle Atlantic states; and the feasibility analysis and appraisal of 220 separate land parcels in Dallas. 

THE WEITZMAN GROUP, NEW YORK, NY                                1985 TO 1987

            Senior Associate

Developed narrative appraisals and real estate consulting studies for investment-grade properties throughout the United States.

            NEW YORK CITY DEPT. OF HOUSING
            DEVELOPMENT NEW YORK, NY                                               1981 TO 1983             Manhattan Project Manager
            Prepared planning studies and housing recommendations.

Professional Designation: 

            Member, Appraisal Institute, #7765
            Certified General Appraiser in Massachusetts #1937
            Guest Lecturer at New York University Real Estate Institute
            Guest Lecturer for the Association of Real Estate Women, New York City
            Form Member of Region IV Ethics and Counseling Panel of the Appraisal
            Institute