2. P 3 - ” Preserving and Promoting Pushti “ Pushti Sangeet Sandhya Announcement “Shreemaya Krishnadham” August 11 th, 2007

3. 2 Announcement With Grace of Lord Krishna ShrinathjiBawa, Blessing of our Acharyas And Support of Vaishnavs BAYVP Proudly Announces…

4. 3 Announcement

5. 4 We should take pride …. First Vaishnav Haveli & Cultural Center on the West Coast !!

6. 5 How It Occurred  Letter of Interest to “BAPS” to acquire their existing facility back in October 2005.  We hadn’t received any response at the time  Started looking for a facility in the area and we acquired the Mountain View facility in June 2006.  MV was the most lucrative opportunity from a price and location standpoint.

7. 6 New Development…..  BAPS approached BAYVP in March 2007 as a follow up to our letter of Interest.  This opened a channel of communication between BAYVP and BAPS  BAPS revealed property was appraised at 5.5 million in 2006.  BAYVP felt that it was an opportunity that can be considered at that point.  Series of informal meetings between key members of BAYVP and BAPS.  BAYVP signed a letter of intent after some initial consultations to acquire the property for $5.175 million

8. 7 Thought Process …..  Consulted Key Individuals  Pujya Indirabetiji (Jiji) and Pujya Dwarkeshbawa (Baroda) and discussed the opportunity with them.  Our architects  BAYVP Executive Committee members  Advisers - Structural engineers etc.  Building and Fund raising committees.  Donors at Special Donors Meeting

9. 8 Thought process….  Affordability – How will we ?  Purchase price - $5.175 million  Proposed down payment $ 2.0 million Sell Mountain View property – Based on discussion with real estate experts; the property can be sold conservatively at $2.5 million. – We will get $1.0 million that can be used towards a down payment. Use existing funds/Pledges to collect – $400,000 Collect additional $600,000 in CASH donations  Loan Estimated amount - $3.2 million –BAPS has offered to introduce us to their financers and contacts.

10. 9 Comparison Item Mt. View Milpitas Price 4.5 to 5.00 Million (Estimated)5.175 million Lot Size 50,000 Sq Ft65,000 SQ.ft Bldg. Size 11,500 Sq.ft30,000 Sq. ft Parking 65100 (plus Shared) Bldg. Price Comparision 5 million for 11,500 Sq.ft - $435 / Sq.ft – 1 story Bldg 5.175 Million for 30,000 Sq.ft - $173 Per Sq. Ft – 2 Story Bldg Aesthetics Modern, Contemporary, NewExisting Bldg – Old

11. 10 Comparison (contd..) Item Mt. View Milpitas Construction 1 Storey2 storey Risk Factors  Costs over budget  City Permit – Time  Neighbors – Public  Estimated time – 2 years ( 6 months for planning app & 18 months to construct)  Costs Determined  City Permit – Permitted use  No Public hearing  Ready on Closing  No Additional Time Living Quarters NOT PossibleExisting/allowed Other Need to purchase Kitchen Utensils, Tables, Chairs for the hall ($50,000 Plus) Accessories Included (Kitchen Utensils, Tables, Chairs and other equipments) Future Expansion May grow out of it in 5 yearsGood for at least 10 years

12. 11 Current Status …..  Purchase contract signed on Thursday July 19, 2007  Contingencies on the contract  Approval of CUP  Loan approvals  Sale of the Mountain View property  October 31 st closing.

13. 12 Next steps/challenges  Collect $1 million by October 31 st 2007  Fund raising campaign with the help of entire Gujarati and Vaishnav community throughout Northern California and rest of country  Selling of Mountain View facility  Working with lenders for loan.

14. 13 Today Our Immediate Goal... Donations$ 1,000,000 Shreemaya Krishna dham Annakut celebration at our Haveli !! Oct, 31 Parivar EC Members Fund Raising Committee

15. 14 1 Million is achievable ……  Cash on hand =  Cash on hand = $200,000 - We Have it !  Outstanding Pledges  Outstanding Pledges = $200,000 – You can do it !  New Pledges = 600,000 - We all can do it !

16. 15

17. 16 Shreemaya Krishnadham Jai Sri Krishna!