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					Investor Proposal




 Steamroller Ltd
Investor
Proposal




           Contents



                               TERMS & CONDITIONS           3
                               EXECUTIVE SUMMARY            5
                               THE PROPOSAL                 6
                               THE BAND                     7
                               THE COMPANY                  9
                               MARKETING STRATEGY           10
                               FINANCIALS                   12
                               TESTIMONIALS                 13
                               CONTACT                      14
                               APPENDIX 1                   15
                               APPENDIX 2                   19
                               APPENDIX 3                   23
                               APPENDIX 4                   27




Steamroller Limited, 5 Southampton Place, London WC1A 2DA        2
I nvestor
Proposal




                Terms & Conditions

THE CONTENT OF THIS PROMOTION HAS NOT BEEN APPROVED                   A certified sophisticated investor is a person who, in relation
BY AN AUTHORISED PERSON WITHIN THE MEANING OF THE                     to any description of investment, has (a) a current certificate in
FINANCIAL SERVICES AND MARKETS ACT 2000. RELIANCE                     writing or other legible form signed by an authorised person to
ON THIS PROMOTION FOR THE PURPOSE OF ENGAGING IN                      the effect that he is sufficiently knowledgeable to understand
ANY INVESTMENT ACTIVITY MAY EXPOSE AN INDIVIDUAL TO                   the risks associated with that description of investment and (b)
A SIGNIFICANT RISK OF LOSING ALL OF THE PROPERTY OR                   signed, within the period of twelve months ending with the day
OTHER ASSETS INVESTED.                                                on which this communication is made, the statement set out in
                                                                      section 50 (1)(b) of the FPO.
NOTICE TO RECIPIENTS:
Important information                                                 A self-certified sophisticated investor means an individual who
                                                                      has signed within the period of twelve months ending with
This Information Memorandum relates to Steamroller Limited            the day on which the communication is made, a statement
(the ‘Company’) and is being issued to:                               complying with Part II of Schedule 5 of the FPO.

i) Investment Professionals (as defined in section 19(5) of the       If you are in doubt about the content of this Information
Financial Services and Markets Act 2000 (Financial Promotion)         Memorandum and/or any action you should take, you are
Order 2005 (the ‘FPR’):                                               strongly recommended to seek your own independent financial
ii) Certified high net worth individuals (as defined in Section       advice immediately from your stockbroker, solicitor, accountant
48(2) of the FPO):                                                    or other independent financial advisor authorised under the
iii) Certified sophisticated investors (as defined in section 50(1)   FSMA who specialises in advising on investment in units in
of the FPO):                                                          unregulated investment schemes. Nothing in this Information
iv) Self-certified sophisticated investors (as defined in section     Memorandum constitutes investment, tax, legal or other advice
50(A)(1) of the FPO): and                                             by the Company.
v) Associates of high net worth or sophisticated investors (as
describes in section 51 of the FPO).                                  The content of this Information Memorandum has not been
                                                                      reviewed, authorised or otherwise approved by the Financial
Any investment or investment activity to which this Information       Services Authority (‘FSA’) or any other regulatory body.
Memorandum relates is available only to those persons
described in i) to v) above and will be engaged in only by such       By receiving this Information Memorandum, the recipient
persons. Anyone not falling within i) to v) above may not rely on     agrees to keep confidential, without limitation in time, the
this information Memorandum.                                          information contained herein and made available in connection
                                                                      with further inquiries.
There are in place proper systems and procedures to prevent
recipients other then those described in i) to v) above               This Information Memorandum and all other information
engaging in the investment activity to which this information         supplied may not under any circumstances be copied,
Memorandum relates.                                                   distributed, polished or reproduced, in whole or part, at any
                                                                      time, nor may its contents (or any part of them) be disclosed
This Information Memorandum is exempt from the general                to any person without the Company’s prior written consent,
restriction in section 21 of FSMA on the communication of             other than to a ‘Relevant Person’ (as defined in the FSMA) or to
invitations or inducements to engage in investment activity on        the directors, officers, employees and professional advisors of a
the ground that it is made to investment professionals, certified     Relevant person, who need to know the confidential information
high net worth individuals, certified sophisticated investors,        and provided only that such persons undertake to abide by the
self-certified sophisticated investors and associates of high net     same restrictions and responsibilities set out herein.
worth or sophisticated investors.

A certified high net worth individual means an individual who
has signed, within the period of twelve months ending with
the day on which this communication is made, a statement
complying with Part 1 of Schedule 5 of the FPO.




Steamroller Limited, 5 Southampton Place, London WC1A 2DA                                                                           3
Investor
Proposal




               Terms & Conditions continued

The company has taken all reasonable steps to ensure that         No representation is made or warranty given as to the accuracy,
the facts stated in this Information Memorandum are true and      completeness, achievability or reasonableness of any such
accurate in all material respects and that there are no other     projections, views, statements or forecasts. The projections,
material facts the omission of which would make misleading        views, statement and forecasts herein are based upon various
any statement in the Information Memorandum. However, to          assumptions and estimates which involve significant elements
the extent permitted by the relevant law and regulation, the      of subjective judgement and analysis and which are subject
Company expressly disclaims and excludes any and all liability    to uncertainties and contingencies; actual results could differ
which maybe based on this Information Memorandum and any          materially from those set forth in such projections, views,
other                                                             statements and forecasts.

                                                                  Reliance on this Information Memorandum for the purpose of
Information provided by the Company in connection with this       engaging in any activity may expose the recipient to a risk of losing
Information Memorandum, and any errors therein or omission        all of their original investment. Accordingly, potential investors
there from.                                                       are advised to carry out their own due diligence including,
                                                                  without limitation, as to the legal and tax consequences to
The Company has not authorised any person to make                 them of investing in the Company should consult an authorised
representations or give information to any person on its behalf   person specialising in advising on investments of this nature
with respect to this Information Memorandum or in connection      (i.e. investments in unregulated schemes). Potential investors
with any material or information referred to in it. You should    are referred to the section headed ‘Risk Factors’ on page 38 of
therefore not rely on any such representation or information      this Information Memorandum.
made or given to you by any such person as having been given
on behalf of the Company.                                         All questions regarding the information contained in this
                                                                  Information Memorandum should be directed to the Company,
All statements of opinion contained in this Information           Relevant Persons who do not wish to pursue this matter
Memorandum, all views expressed and all projections, forecasts    are asked to return this Information Memorandum and any
or statements relating to expectations regarding future events    accompanying documentation to the company at once.
or the possible future performance of the Company represent
the Company’s own assessment based of the Information             English law governs the issue, communication and terms of this
available to it at the date of this Information Memorandum.       Information Memorandum and any disputes arising in relation
                                                                  to any of them will be subject to the exclusive jurisdiction of the
                                                                  English courts.




Steamroller Limited, 5 Southampton Place, London WC1A 2DA                                                                          4
I nvestor
Proposal




            Executive Summary


Established record labels, especially majors, are
  What is Steamroller?

currently in a state of uncertainty and paralysis
as CD sales dwindle.

However, other areas of the music industry
remain healthy and prosperous: live music
becomes ever more popular, merchandise
continues to sell well, and the use of music in
film, advertising and on TV is more profitable
than ever.

For these reasons, Steamroller Ltd is not merely
a record label but an all round music company.
It has signed the band Imperial Leisure to a
360 deal and therefore will benefit from
all income streams including record sales,
publishing income, merchandise revenues and
live income.



With the lunatic energy of their genre-             Having signed Imperial Leisure to a 360 deal,
  Who are Imperial Leisure?                           What do we want?

colliding live shows, the vivacious shock of        Steamroller Ltd are seeking to raise £100,000
their improvised guerrilla gigging and their        private investment to inject cash into the project
determined self-sufficiency, it’s no surprise       (as per The Proposal).
that London’s collective Imperial Leisure
have come from nowhere to assert their              This investment will enable us to release and
position as one of the UK’s most enthralling        fully support the band’s debut album ‘The Art
new prospects.                                      of Saying Nothing’, which will be released on
                                                    the Steamroller label.
Already tipped as one to watch by an eclectic
array of sources including Radio 1’s Colin          The returns investors can expect are both
Murray and Nihal, XFM, Kerrang!, Big Cheese,        quantitative and qualitative and are fully
Drowned in Sound and the Daily Star, Imperial       detailed in the body of this document.
Leisure are beginning to reap the rewards sown
by the scintillating party atmosphere of their      This is your chance to come and join the party!
live show.




Steamroller Limited, 5 Southampton Place, London WC1A 2DA                                          5
Investor
Proposal




           The Proposal

Steamroller Ltd is looking for a total investment of £100,000 in order to fully support and exploit the
forthcoming album.

The investor will receive the following:




           Profits split between investors and Steamroller Ltd on the basis of 50:50 post-
             Quantitative

           variable income stream split (See Appendices for further clarification). In the case
           of a 3rd party label deal there will be an equal split of 50:50 between the Company
           and the investors, post 50:50 split between the band and the Company.

           The brief and very basic terms of investment are:

                    Minimum individual investment is £1,000.
                    The term of the investment is 5 years.


           There are many additional qualitative perks to investing in the band such as:
             Qualitative


                    Reduced priced admission to the band’s shows, when available.
                    Invites to private and after-show parties, with VIP access where available.
                    Being first to hear of new releases, tours, and other activities.


           The long term aim for Imperial Leisure is for the band members to have a successful
             The Future

           and sustainable career for many years to come. In order to achieve this, the venture
           needs to be profitable for the band, for Steamroller Ltd and obviously for you
           the investor.

           We intend to build the band’s profile in the UK and increase album sales throughout
           2009. On the back of that heightening profile we expect to secure synch licenses in
           the UK and foreign territories, to release the album outside the UK through licensees
           and to start building a solid profile there before going back in the studio to record a
           2nd album for release in 2010.




Steamroller Limited, 5 Southampton Place, London WC1A 2DA                                            6
I nvestor
Proposal




            The Band


Imperial Leisure (IL) are a phenomenon, playing     Influences come from a diverse spectrum: in
  Who are Imperial Leisure?                           The music

their own particular blend of ska, rap and rock     addition to a huge admiration of great British
music. Their sound is a killer combination of       bands such as The Specials and Madness, as well
great beats, great tunes and irresistibly catchy    as Rage Against The Machine and The Beastie
lyrics.                                             Boys, each band member brings his own flavour
                                                    to the mix.




Led by Denis Smith, charismatic front man,
the band’s sound breaks boundaries at will. As      IL have spent a couple of years working on
                                                      The gigs

founding member and guitarist AJ says, “There       their live performance and building up a
are so many different people in the band that we    fervently loyal fan-base, not only in London but
have so many different elements and influences.     nationwide. This has and will continue to receive
Our song writing isn’t forced; we just write and    the assistance of booking agent Serena Parsons
the music becomes what it is.” The process also     (Public Enemy, The Wailers) at Primary Talent
lends itself to originality as the band naturally   International, one of the biggest live agencies in
swerves away from simple repetition.                the world.

Steamroller Limited, 5 Southampton Place, London WC1A 2DA                                          7
Investor
Proposal




            The Band continued

IL headline dates have included venues such           Truly British in flavour, distinctive in its ska
as The Scala, Shepherds Bush Empire, ULU              punk roots, stand out tracks include the Radio
and the Proud Galleries. The band have played         1 favourite ‘Great British Summertime’ and the
alongside the likes of Lethal Bizzle, The Sugarhill   skanktastic ‘Man On The Street’. Other highlights
Gang, Gym Class Heroes, Ugly Duckling, Roots          on the album are ‘In A Letter’ (previously
Manuva, UB40, Rahzel, Pharcyde and Sway, all          played on Radio 1, 6 Music and XFM), and ‘The
of which have established them as an exciting,        Beast’, the video for which was rotated heavily
infectious live proposition.                          in branches of Top Shop nationwide (check
                                                      it out on YouTube). Intensely catchy crowd-
ITN picked up on the band and ran a news piece        pleaser ‘Landlord’s Daughter’ is lined up as the
about their increasingly notorious so-called          next single, to be released alongside the album
‘guerilla gigs’, in which the band choose a likely    this October.
spot to jump from their van and spontaneously
perform a short set to the bemusement and             Whilst the album was being completed and
enjoyment of passers by - a practice which the        mixed by Bob Kraushaar (Kylie Minogue, Shirley
band fully intend to continue!                        Bassey, The Pet Shop Boys), the band were
                                                      approached by Org Records, who offered to put
Over the summer of 2008 the band was a regular        out a couple of singles with no strings attached.
fixture at festivals every weekend, including         This enabled them to take advantage of the
Glastonbury, Camp Bestival and Bestival.              services of radio plugger Julian Spear (Rufus
                                                      Wainwright, Sheryl Crow, Eddy Grant) whose
They continued with their own headline tour           enthusiasm for the band from a very early stage
in October around the UK and then supported           was immense. In his experienced hands, both
US ska punk giants ‘Less Than Jake’ on their          singles benefited from healthy support at radio,
November UK tour.                                     notably from Colin Murray at BBC Radio 1 who
                                                      has become a huge fan, and also from influential
The band are back on the road during Spring           independent station Xfm both in London and
2009 with their own headline and then                 regionally. Additional enthusiastic spins came
supporting Youngblood Brass Band across the           from BBC London’s Gary Crowley and Shaun
UK and Europe.                                        Keaveny at BBC 6Music, Kerrang! Radio and
                                                      Virgin Xtreme resulting in the debut single, “In
                                                      A Letter”, selling out on the day of release.
In late 2007 the band turned their attention
  The album

to capturing the essence of their unique ska-         Further assisted by the ownership of their
punk-rap-rock hybrid in the recording studio.         own recording and rehearsal room adjacent to
Working with producer Russ Keffert (Blur,             Tottenham Hotspurs’ White Hart Lane ground,
The Rakes, Larrikin Love) in Eastcote Studios         Imperial Leisure’s future is theirs to dictate.
(formerly owned by Blockhead Chaz Jankel), the
boys started on a series of recording sessions,       For further information:
the result of which is their debut album ‘The Art     www.imperial-leisure.co.uk
Of Saying Nothing’.                                   www.myspace.com/imperialleisure

Steamroller Limited, 5 Southampton Place, London WC1A 2DA                                           8
I nvestor
Proposal




             The Company

As mentioned, Steamroller Ltd is not merely a record label but a general music company. It has signed
Imperial Leisure to a 360 deal. This ensures that the benefit from all income streams including record sales,
publishing income, merchandise revenues and live income is enjoyed by the company.

The company is owned by the 10 members of Imperial Leisure, each of whom is a director and the obvious
benefit to the band is that they retain ownership and therefore control of all their copyrights.

The day-to-day running of the company is carried out by Imperial Leisure’s manager Sue Wincott of
Crucible Management.

Steamroller Ltd’s distribution is handled through Republic of Music/Universal Music. Further support for
the business comes from the following.



    We are delighted that the team in place                 Lawyer: Dean Marsh, sole proprietor of
       Industry advisors                                      Professional advisors:

    to support us includes so many highly                   Dean Marsh & Co specialists in working
    experienced music industry professionals                with independent record labels as well as
    all of whom have impressive track records               being the legal advisor to the Independent
    in dealing with household names:                        Label Scheme.

    Radio:                Julian Spear                      Accountant: Spencer Hall, partner with
                                                            Lee Associates LLP specialist entertainment
    Press:                Emma Van Duyts                    accounting firm.
                          Red Shadow



    Booking Agent:        Serena Parsons
                          Public City PR

                          Primary Talent

    Producer:             Russ Keffert
                          International



    Mix Engineer:         Bob Kraushaar
                          Irresponsible Music

    Label Manager:        Danny Corr
                          Acid Jazz


We are even more delighted - and very grateful - that in all cases, the individual’s enthusiasm for and belief
in the band has led them to work on reduced and/or deferred fees in order to get Imperial Leisure to their
current very strong position.




Steamroller Limited, 5 Southampton Place, London WC1A 2DA                                                  9
Investor
Proposal




           Marketing Strategy


In order to further build on the growing           We have Emma Van Duyts at Public City handling
  The strategy                                       Public relations

reputation of IL for the immediate term and        PR for the band. Previously at Warners, she now
of course into the future, a sensible marketing    runs her own company looking after artists
strategy to support both the forthcoming album     such as Henry Rollins and the Deftones. She is
release and the continued live dates is being      working to a four-fold brief:
carefully constructed.
                                                           Album reviews
                                                           Features including ‘New Band’ and
Advertising for the release of the album
                                                           ‘Introducing’ pieces
  Advertising

and 2008 tours were placed in the following
publications:                                              News articles
                                                           Live reviews
        Kerrang! (weekly, ABC 72,000)
                                                   So far we have had the following features:
        Rock Sound (monthly, ABC 28,000)
        Big Cheese (monthly, ABC 18,000)                   Rock Sound: ‘Exposure’ piece to run in
        The Fly (monthly, ABC 110,000)                     the November issue.

This same approach will be taken for the Spring            Big Cheese: Feature and 5 star album
2009 tour.                                                 review in the November issue (street
                                                           date early October).

Throughout 2009 the single release schedule                Kerrang!: double page feature the
  Other marketing

will dove-tail with the Spring tours and                   week of the album release.
summer festivals.
                                                           Kerrang!: album review the week
        Already IL have been nominated for                 before release.
        the XFM new music award.
                                                           Reviews in a wide variety of
        Promotions will be in place with various           publications from Q magazine to The Sun.
        online retailers throughout the year.

        The video for “The Beast” is currently
        playlisted on Kerrang! TV.




Steamroller Limited, 5 Southampton Place, London WC1A 2DA                                       10
I nvestor
Proposal




            Marketing Strategy continued

  Radio & TV                                            Raise awareness of the band and
Radio & TV plugging will continue to be handled         the album through increased radio
by Julian Spear at Red Shadow, who has achieved         plays, TV exposure and press exposure.
such good results for the band from a very
early stage.                                            Tour successfully around the release of
                                                        each single.
His brief is to work both the single and the
album at radio, to get the single played wherever       Be playing a significant role at all the
possible and to grow support for the band at            festivals over Summer 2009.
radio, especially nationally. In addition he will
be working on getting the band on to radio              Release the album in other territories
shows for live sessions and interviews.                 and start building profile there.

On the TV front his determined focus is to get          Touring other territories to support
the band on to shows with a prominent music             the release.
slot or bias, such as Jonathan Ross, The Culture
Show and Later with Jools Holland.                      Get appropriate synch licences in
                                                        place for the band.

As an example of further support Imperial               Record a 2nd album for release in 2010.
  Endorsements:

Leisure now benefit from an endorsement by
Puma, who very generously supply the band
with clothing and footwear. Puma will also
be providing the band with their merchandise
for the forthcoming live dates, including
specially made wristbands, tour T shirts and
commemorative T shirts.


The aim for Imperial Leisure is for the band
  The path:

members to have a successful and sustainable
career, which is profitable for the band, for
Steamroller Ltd and of course for the investors.

In order to achieve this we need the cash to be
able to:

        Continue to build their profile in the UK.

        Increase sales of the debut album in
       the UK with attendant single and roll
       out the release of the album internationally.

Steamroller Limited, 5 Southampton Place, London WC1A 2DA                                      11
Investor
Proposal




              Financials

The financial projections, as shown in the                     As can be seen the general Steamroller
attached Appendices, have been prepared by                     administrative expenses are apportioned in line
Lee Associates LLP and in summary demonstrate                  with the relevant annual profit for that relevant
the following:                                                 number of album sales.


There are three Profit & Loss forecasts based on               In summary the effective break even period
  P&L Forecast

the following level of album sales:                            for the return of investment, before additional
                                                               returns are made are as follows:
          100,000 album sales, optimistic target,
          Appendix 1.                                                  BE period on 100,000 album sales
          50,000 album sales, realistically                            9 months
          achievable, Appendix 2.                                      BE period on 50,000 album sales
          15,000 album sales, lowest target,                           1.7 years
          Appendix 3.                                                  BE period on 15,000 album sales
                                                                       7.3 years
The key months for cash flow management
are October and November and therefore
investment will enable the company to release                  In addition, the potential 3rd party deal for the
                                                                 Label deal

the album and continue the live gigs played                    investor is demonstrated in Appendix 4.
in the short term, ensuring profitability and
potentially healthy returns in the long.                       Post the 50:50 splits between the band and
                                                               the Company, the investor and the Company
                                                               split the resulting income from such a deal on a
NB: These projections have been made on the assumption         further 50:50 basis.
  Investor’s Return
that £100k of investment is raised: in the event that the
full £100k is not raised or indeed not needed due to
the company becoming financially self-sustaining, each         As demonstrated, the upside of this can be very
investor’s share of the profit will of course be calculated    lucrative on a minimum investment.
as a percentage of the finance actually raised. Therefore if
£50,000 total investment is raised, a £10,000 investment
is then worth a 20% share of the profits.

In addition the relevant splits for you, the
investor, are made and demonstrated as follows,
using album sales as an index:

          Profits on 100,000 album sales
          Appendix 1 (iv).
          Profits on 50,000 album sales
          Appendix 2 (iv).
          Profits on 15,000 album sales
          Appendix 3 (iv).

Steamroller Limited, 5 Southampton Place, London WC1A 2DA                                                    12
I nvestor
Proposal




            Testimonials




                  “It’s impossible not to get caught up in it all, the sense of fun
                seeping into everyone involved like a shot of serotonin. KKKKK”
                                  Kerrang! live review August 2008


                “Solid gold straight off the ska-rap heap. Frickin’ awesome! 5/5.”
                                        Big Cheese October 08


                               “This is a tune of epic proportions.”
                           Colin Murray Radio 1 (praise for “In A Letter”)


                                    “Ones to watch in 2008.”
                                           Daily Star


                                    “Absolutely outstanding.”
                                         Nihal, Radio One


                            “In a world of cookie-cutter wannabes,
                      Imperial Leisure stand-out like a clown at a funeral.”
                                     Kerrang! February 2008


                   “…Like the Beasties and De La Soul, playing Less Than Jake
                           at a cult-rock party. An amazing live band.”
                                        drownedinsound.com


                     “Imperial Leisure’s sound is practically a sonic mirror
                 held up to the face of London: a melting pot of cultures, genres
                    and personalities blended together with grit and spice.”
                                        Big Cheese August 08




Steamroller Limited, 5 Southampton Place, London WC1A 2DA                             13
Investor
Proposal




           Contact




             For more information and to request contractual documents please contact:

                                 Sue Wincott at Steamroller Ltd
                                 info@steamrollermusic.co.uk
                                 Tel: 020 8348 1439

                                 Steamroller Ltd
                                 2nd Floor
                                 Postmark House
                                 Cross Lane
                                 London N8 7SA



               If you have an enquiry of a specifically financial nature please contact:

                                 Spencer Hall at Lee Associates
                                 spencer.hall@leeassociates.co.uk

                                 Steamroller Ltd
                                 5 Southampton Place
                                 London WC1A 2DA




Steamroller Limited, 5 Southampton Place, London WC1A 2DA                                  14
Investor
Pro posal


               Appendix 1 (i)
               Oct 2008 - Dec 2009
               Projected P&L on 100,000 album sales


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Steamroller Limited, 5 Southampton Place, London WC1A 2DA                                                                                                                                                 15
Investor
Pro posal


               Appendix 1 (ii)
               Oct 2008 - Dec 2009
               Top line on 100,000 album sales


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Steamroller Limited, 5 Southampton Place, London WC1A 2DA                                                                                                                                                                                                                  16
Investor
Pro posal


               Appendix 1 (iii)
               Oct 2008 - Dec 2009
               Profit splits on 100,000 album sales


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Steamroller Limited, 5 Southampton Place, London WC1A 2DA                                                                                                                                                                      17
Investor
Pro posal


            Appendix 1 (iv)
            Oct 2008 - Dec 2009
            Investors return on 100,000 album sales


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Steamroller Limited, 5 Southampton Place, London WC1A 2DA                                                                                                                          18
Investor
Pro posal


               Appendix 2 (i)
               Oct 2008 - Dec 2009
               Projected P&L on 50,000 album sales


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Steamroller Limited, 5 Southampton Place, London WC1A 2DA                                                                                                                                                 19
Investor
Pro posal


              Appendix 2 (ii)
              Oct 2008 - Dec 2009
              Top line on 50,000 album sales


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Steamroller Limited, 5 Southampton Place, London WC1A 2DA                                                                                                                                                                                                                  20
Investor
Pro posal


               Appendix 2 (iii)
               Oct 2008 - Dec 2009
               Profit splits on 50,000 album sales


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Steamroller Limited, 5 Southampton Place, London WC1A 2DA                                                                                                                                                                                               21
Investor
Pro posal


            Appendix 2 (iv)
            Oct 2008 - Dec 2009
            Investors return on 50,000 album sales


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Steamroller Limited, 5 Southampton Place, London WC1A 2DA                                                                                                                                      22
Investor
Pro posal


             Appendix 3 (i)
             Oct 2008 - Dec 2009
             Projected P&L on 15,000 album sales


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Steamroller Limited, 5 Southampton Place, London WC1A 2DA                                                                                                                                               23
Investor
Pro posal


               Appendix 3 (ii)
               Oct 2008 - Dec 2009
               Top line on 15,000 album sales


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Steamroller Limited, 5 Southampton Place, London WC1A 2DA                                                                                                                                                                                                                           24
Investor
Pro posal


               Appendix 3 (iii)
               Oct 2008 - Dec 2009
               Profit splits on 15,000 album sales


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Steamroller Limited, 5 Southampton Place, London WC1A 2DA                                                                                                                                                                        25
Investor
Pro posal


            Appendix 3 (iv)
            Oct 2008 - Dec 2009
            Investors return on 15,000 album sales


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Steamroller Limited, 5 Southampton Place, London WC1A 2DA                                                                                                                                 26
Investor
Pro posal


         Appendix 4
         Oct 2008 - Dec 2009
         Label Deal - Example


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Steamroller Limited, 5 Southampton Place, London WC1A 2DA                                                                              27

				
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