Gphre.com

Title

Global Preferred Holdings, Inc.

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Excerpted from the website:

On May 17, 2006, Global Preferred Holdings, Inc. (“Global Preferred”) transferred its remaining assets and liabilities to GPH Liquidating Trust (the “Trust”), a Delaware statutory trust formed as a liquidating trust as contemplated by Global Preferred's Plan of Complete Liquidation and Dissolution approved by the stockholders of Global Preferred on May 10, 2006. The operations of the Trust are controlled by a Stockholders' Liquidating Trust Agreement (the “Trust Agreement”) dated May 17, 2006 executed by Joseph F. Barone and Milan M. Radonich as Managing Trustees, Caryl P. Shepherd as Administrator and Wilmington Trust Company as Delaware Resident Trustee. Messrs. Barone and Radonich are also directors of Global Preferred and Ms. Shepherd is the Chief Accounting Officer and Vice President of Global Preferred. The stockholders of Global Preferred, as of June 1, 2005, are the beneficiaries of the Trust.
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