St.John's Capital Group: Vactor Lee

St. John’s Capital Group Adds REIT Expert Vactor Lee as
Advisor

SAN JOSE, Calif. Dec 4, 2006 — St. John’s Capital Group,
(www.stjohncapital.com), the premier financier for
companies purchasing undervalued assets, announced
today that Vactor Lee has joined its board of advisors.

Vactor Lee, the author of the textbook titled “Real Estate
Financial Products – Theory & Practice”, is an authority on
the subject of real estate in Asia. He has lectured on this
subject in National Sun Yat-Sen University, Tamkang
University, and Taiwan Academy of Banking and Finance
which is the premier institute for training bankers. He was
previously the Vice President of China Credit Information
Service - the Dun and Bradstreet for bankers and investors
in Taiwan - a company in which he served for over 18
years. Lee is also a licensed appraiser and holds CPA,
FRM, and CFA certifications.

“With the recent success of Taiwan’s Cathay REIT No. 2
(01007T-TW) going public on Oct 16, 2006 which was over-
subscribed by a factor of 4.6, the current low prime rate
(currently at 2.25% in Taiwan), combined with the fact that
U.S. REITs have outperformed other asset classes in the
stock market, it’s understandable that there’s growing
interest from investors of Taiwan and other Asian countries
in investing in global REITs and other financial products
such as mortgage-backed securities,” said Edwin Yeh,
CEO of St. John’s Capital Group. “We are pleased to be
able to tap into Lee’s vast resources of knowledge in
securitization and REIT formation in Asia to act as a bridge
between the maturity and stability of assets in the U.S.
market with the low interest-rate environment in Asia.”

“It is difficult finding quality properties which beat the
market rate. The lack of high yield and secured investment
alternatives underscore why a newly formed REIT yielding
3-4% in Taiwan can garner a 4.6 times over-subscription
rate. It is very difficult to support early stage companies in
scaling and growing to their full potential. It is also
extremely rare to find a management team that has this
kind of vision, focus on performance and solid
fundamentals which at the same time has the flexibility
and willingness to partner and share resources. After
having seen a sample of over 400 units of residential and
commercial real estate properties in several cities during
my recent visit to the U.S., I felt that St. John’s Capital
Group is uniquely positioned for immediate opportunities
and provides a compelling value proposition to both U.S.
and especially Asian investors in low interest-rate
environments such as Taiwan and Japan,” said Vactor
Lee, advisor of St. John’s Capital Group.

Vactor Lee further suggested to St. John’s Capital Group to
consider aligning with one or two major institutional
partners in Asia interested in new financial products such
as offering St. John’s Capital Group’s high-yield stable
mortgage income (typically 2-4 times the CD' yield) with
high performing properties to form Hybrid REITs jointly with
potential partners. Additionally, Lee suggested hiring or
partnering with operators or attorneys with experience in
establishing and running UPREITs (umbrella partnership
real estate investment trusts), OTC listings, and/or
Securitization in the U.S. as these efforts combined with
solid performance will provide investors in Asia with the
vehicle for accessing the high quality deal flow of St. John’
s Capital Group.

About Vactor Lee

Vactor is the author of the textbook titled
“Real Estate Financial Products – Theory &
Practice”, is an authority on the subject of
real estate in Asia. He has lectured on this
subject in National Sun Yat-Sen University,
Tamkang University, and Taiwan Academy
of Banking and Finance which is the
premier institute for training bankers. He
was previously the Vice President of China
Credit Information Service - the Dun and
Bradstreet for bankers and investors in
Taiwan - a company in which he served for
over 18 years. Lee is also a licensed
appraiser and holds CPA, FRM, and CFA
certifications.

About St. John’s Capital Group, Inc.

St. John’s Capital Group, the premier
financier of undervalued assets, provides
Silicon Valley styled venture capital to
visionary early stage real estate and
financing companies. The portfolio
companies of St. John’s Capital Group
typically apply Warren Buffet styled value-
oriented approaches to investing. The
current asset class investments of St. John’
s Capital Group include income producing
properties and deeply discounted
distressed mortgages. St. John’s Capital
Group was formed in 2006 as the umbrella
company of several private capital and
financing companies and funds who have
been providing its investors and
shareholders with high-yield and secured
returns since 2000.

Media Contact:
Josh Chen
St. John’s Capital Group
info@stjohncapital.com
408-715-7249 x712