ANTI TRUST POLICY

PAN FLORIDA REALTY, INC. adheres to a strict policy of compliance with both

federal and state antitrust laws. As such, any discussion, or activities with

potential anti-trust implications, including but not limited to commission price

fixing, market allocation, customer allocation, bid rigging, or boycotts, are strictly

prohibited. PAN FLORIDA REALTY, INC. strongly endorses a competitive

marketplace, ensuring that competitors have the freedom to engage in business

without artificial restrictions on competition.