Company Taken Over

Effective January 1, 2010, IAT Air cargo Facilities Income Fund was acquired by Huntington REIT on the basis of 9.75 HREIT units for each IAT unit held. For IAT unit holders, this was a taxable event. As a result, IAT unitholders will realize a gain (loss) of the amount that the fair market value of HREIT units received in the exchange exceeds (is less than) the cost of IAT units disposed. The cost of HREIT units received will be their fair market value at the time. The cost of the HREIT unit position received will have to be averaged with that of any HREIT position already held.