GENERAL CONDITION SURVEY

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GENERAL CONDITION SURVEY MOTOR VESSEL: ACCU VIII (EX: M/V STE. GENEVIEVE, DAPHNE, AND LANDON YORK ) Official Number: 541599 Gross Tons: 167 Net Tons: 113 OPERATED BY: ACCUMARINE TRANSPORTATION The undersigned independent marine surveyor did attend the above captioned vessel as it lay afloat and working at mile 86 on the Mississippi River near Davant, Louisiana. The purpose of our examination was to determine, to the extent possible, the general condition of the vessel and to prepare a record of same. Date of Survey: August 15, 2009 Independent Marine Surveyor Craig G. Kimble Upon examination, the following developed: The vessel was found to be an all steel, welded, twin screw, diesel powered, triple deck, river type towboat built in 1972 at Vicksburg, Mississippi. It was powered by Caterpillar 3508 diesel engines which developed a total of 1,800 horsepower through Twin Disc reverse/reduction gears with ratios of 6.00:1. Approximate hull dimensions were 70.2 x 27 x 9.3. Navigation Equipment The navigation equipment appeared to be in operating condition and consisted of the following: All necessary, legal, properly mounted and shielded navigation lights One 19 Carlisle and Finch searchlight to starboard One 19 Carlisle and Finch searchlight to port One Kahlenberg triple trumpet air horn One ship's bell Two standard Horizon, M/N GK23608 VHF and one Seahall M/N Loudhailer radios with all necessary antennas

Page 2 One Furuno Radar, M/N 150 and one radar, radar display units and scanners One Swing Guard, Rate of Turn indicator, M/N R28082 DEHART One ACER flat screen monitor One DELL computer tower and Microsoft keyboard One JRC JCR-10 GPS compass One JRC JHS-182 AIS One Sentinel flanking rudder angle One Sentinel steering non-follow up lever One flanking lever Navigational light switches Caterpillar Digital RPM gauge Main engine gauges Main engine controls Main engine air PSI Port and starboard winch controls Furuno GPS/WAAS GP-32 Engine room alarm panel Carter Brothers Fireshield Alarm Panel MFC 225 The operating console appeared to be fitted with sufficient controls and monitoring gauges to provide for safe operation of the vessel. Living Quarters The living quarters consisted of the following fittings and/or furnishings: White FRP panels overhead and bulkheads Square linoleum floor tiles Upper and lower bunks with below storage Two (2) built-in closets Crew quarters and heads; Goldstar window units Head Steel shower Wood vanity and sink Two (2) metal medicine cabinets and mirrors Porcelain toilet The living quarters were found to be clean and well-kept.

Page 3 Wheelhouse Deck 1 3 2 4 5 6 1 Deck 6 Stairs 2 Wheelhouse 7 3 Navigation Console 8 4 Settee 9 5 Counter 10 The wheelhouse deck consisted of the following fittings and/or furnishings: White FRP panels overhead and bulkheads Square linoleum floor tiles Metal over wood frame doors with window port and starboard Three (3) rubber gasket windows forward bulkhead Two (2) rubber gasket windows port and starboard Three (3) rubber gasket windows aft bulkhead Metal console forward Settee aft on center line Aft to starboard wood counter with formica top The wheelhouse deck was found to be clean and well-kept.

Page 4 Second Deck 6 1 3 5 2 2 6 4 3 3 1 Rigging Deck 6 Stairs 2 Deck 7 3 Crew Quarter 8 4 Head 9 5 Companion way 10 The after deck consisted of the following fittings and/or furnishings: 16 Southfork Aluminum Yawl with Johnson outboard Thern davit with electrical winch, 2,500 lb. max The second deck was found to be clean and well-kept.

Page 5 Main Deck 1 5 6 2 4 7 8 6 1 3 4 1 Deck 6 Upper engine room 2 Galley/mess 7 Slop tank Grating over steering posts and 3 Crew Quarters 8 apparatus 4 Head 9 5 Companion way 10 The main deck was found to be clean and well-kept. The galley was located at the forward extreme of the main deck cabin. Galley equipment and finishing consisted of the following: Upper and lower cabinets and double stainless steel sink with formica top lined the forward bulkhead Port aft bulkhead food pantry Frigidaire refrigerator/freezer Frigidaire freezer Hot Point 4-burner range Broan stainless steel hood Emerson microwave BUNN 12-cup coffee maker Gibson A/C unit Toshiba 19-inch TV Magnavox DVD player The galley was found to be clean and well-kept.

Page 6 Deck Equipment and Fittings The main work deck, second deck and third deck areas were generally clean, uncluttered and free of trip hazards. The main deck area was fitted with a bulwark with necessary freeing ports. The perimeters of the second and third decks were fitted with double-tiered guardrails. All exterior stairways were constructed with outboard handrails and expanded metal, safety-tread steps. Deck fittings consisted of rubber-faced towknees, electric deck winches, an electric capstan and a sufficient number of chocks, cavels, buttons and bitts. Engine Room The upper main engine room was fitted and equipped with the following: Main engine and generators hour gauges Main and generator expansion tanks Whirlpool dryer Maytag washer Slop and waste oil tank Edwards Fire Shield fire alarm Main Engines: Caterpillar 3508, diesel, to port and starboard The main engines were air-started, keel-cooled, and coupled to MG540 Twin Disc reverse/reduction gears with ratios of 6.00:1. Port ME Hours: 2,973 Starboard ME Hours: 8,840 Last overhaul of main engines: Performed by: Extent of overhaul work: Last overhaul of gearboxes: Performed by: Extent of overhaul work: The generators were battery started and keel-cooled.

Page 7 The visible piping, wiring, hoses, and main components appeared to be properly installed and in good order. Generators and Electrical Systems Generators were: 100 kw powered by 4-71 Detroit Diesel engine 100 kw powered by 4-71 Detroit Diesel engine Port Generator Hours: 848 Starboard Generator Hours: 9,244 Last overhaul of generators: Performed by: Extent of overhaul work: The visible wiring, switchboard, breaker boards, switches, fixtures, etc. appeared to be properly installed, grounded, and in good order with no apparent exceptions. In way of the lower engine room area, an alarm panel was located which monitored main and generator engine functions and levels in addition to a bilge level monitor and like sensors. The panel was coupled to warning lights and an alarm siren. The air supply was provided by two Quincy, M/N 325, air compressors each powered by a 5 horsepower electric motor. The bilge system was powered by a 3 horsepower electric motor. The steering system was actuated by Vickers steering pumps, each powered by a 10 horsepower electric motor. The vessel was fitted with a Red Fox, M/N 2008, sewage treatment plant with all necessary pumps and motors. The vessel was fitted with all necessary auxiliary pumps and electric motors as needed for safe operation of the vessel. The engine room was found to be clean and well-kept. Underwater Appurtenances reportedly and apparently consisted of the following: Two (2) steering rudders

Page 8 Four (4) flanking rudders Two (2) propellers Two (2) shafts Capacities were reported as follows: Fuel: 19,750 Gallons Potable Water: 600 Gallons Lube Oil: 450 Gallons Steering Oil: 150 Gallons Slop: 600 Gallons Safety, Lifesaving and Firefighting A visual examination of the interior and exterior cabin areas indicated an adequate number of portable dry chemical and ABC fire extinguishers, properly charged, and tagged 01/09, unless otherwise noted herein. The exterior fire stations were situated port and starboard and were found to be fitted with fire hoses, nozzles, and spanner wrenches. The fire system was provided with one fire pump powered by a 3 horsepower electric motor. An adequate number of properly stowed life jackets and life rings with heaving lines and illumination markers were noted about the vessel in strategic locations. The general overall condition was that everything was clean and well-kept, except as follows: Replace missing rubber tires protecting the hull as necessary. Hull An internal examination of the visible hull plates, associated framing, bulkheads and the above deck superstructure areas indicated that the vessel was suitably constructed for its intended service. The visible exterior hull plates and rub rails showed only random scattered indentations of up to 2" in depth with no one area worthy of specific mention, except as follows: Spaced rubber bumpers protected the bow and stern with a rubber tire system on port and starboard. Tires were noted to be missing.

Page 9 Last dry docking: Last hull gauging: Hull Compartments 4 4 4 7 2 1 5 6 8 3 4 7 4 4 1 Forward peak 13 2 Forward hold 14 3 Gray water 15 4 Fuel 16 5 Potable water 17 6 Lower engine room 18 7 Lube oil 19 8 Void 20 9 21 10 22 11 23 12 24 The above survey report is submitted by the undersigned independent marine surveyor without prejudice to the rights of all parties concerned. Merrill Marine Services, Inc. Craig G. Kimble Independent Marine Surveyor CGK/mdc