2007 Income Statement

(Vstex Company , VST) - 2007 SINGLE STEP INCOME STATEMENT -
----------- REVENUES -----------
STARTUP CONTRIBUTION	370,000.00 L$
VSTEX IPO	1,500,000.00 L$
TREASURY SHARES DIVIDENDS	60,656.22 L$
EXCHANGE COMMISSIONS	371,000.00 L$
SCRIPTING SERVICES	50,000.00 L$
VSTEX REAL ESTATE	516,650.00 L$
TOTAL REVENUES	2,868,306.22 L$
----------- EXPENSES -----------
Server HP PL DL320RG5 DC2.4 / 4MB 1GB 160GBSATA	550,000.00 L$
VSTEX.NET SERVER HOUSING	300,000.00 L$
VSTEX ISLAND BUY AND MAINTENANCE FEES	1,010,000.00 L$
DIVIDENDS TO SHAREHOLDERS	300,000.00 L$
INVESTMENTS AND ASSOCIATED EXPENSES	285,000.00 L$
IPO COMMISSIONS	75,000.00 L$
VSTEX TRANSLATOR SERVICE	120,000.00 L$
WEB SITE TRANSLATION	130,000.00 L$
TOTAL EXPENSES	2,770,000.00 L$
----------- NET INCOME -----------
NET INCOME	98,306.22 L$

Note: VSTEX Company is currently using cash basis accounting. Net income has been calculated after a 300.000 L$ (L$ 0.01 per share) dividend payout.

(Vstex Company , VST) - COMPANY PORTFOLIO AS OF DECEMBER 31, 2007 -
----------- VSTEX -----------
VST (stock options)	5,520,750
VST	533,438
ATG	387
BHE	12
BMG	1
BNF	1
CIE	1
ITL	1
SLC	1

(Vstex Company , VST) - MIXED COMPANY DATA AS OF DECEMBER 31, 2007 -
----------- VSTEX -----------
VSTEX account holders	812
2007 VSTEX ATMs deposits	8,339,728
2007 VSTEX ATMs withdrawals	4,152,241
VSTEX ATMs	VSTEX Central VSTEX @ AVC Financial Center VSTEX @ ITLAND VSTEX @ Mediterraneo OC VSTEX @ Rock Insurance