AGS.Group4.WorldCom

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8.7 Examples of businesses personally acquired by Ebbers Angelina Plantation - 21,000-acre farm in Monterey, Louisiana of which Ebbers was a coowner with his brother. Acquired in 1998. Douglas Lake Ranch - 500,000-acre ranch in British Columbia. Invested as “general partner� in 1998 with approximately $65 million. Joshua Holdings/Joshua Timberlands/Joshua Timber - 540,000 acres of timber in Mississippi, Tennessee, Louisiana, and Alabama majority owned by Ebbers. Acquired in 1999 with approximately $600 million. Pine Ridge Farm - Ebbers was the owner of this livestock and crop farm in Mississippi as of 1997. Columbus Lumber - High-tech lumber mill in Mississippi acquired by Ebbers in 1996. BCT Holdings, owner of Intermarine - Ebbers was the primary owner of this yacht building and repairs facility in Georgia. Acquired Intermarine in 1998 for approximately $14 million. Hotels in Mississippi and Tennessee - Ebbers acquired nine hotels over a period of several years. KLLM - Trucking firm in Mississippi of which Ebbers was the director. Acquired with partner in 2000 for approximately $30 million. Jackson Bandits - Minor League hockey team in Jackson, Mississippi 50% owned by Ebbers. Source: Adapted from USA Today (2002)

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