Dear Universal Insurance Exchange, LLC Partner:

Mr. Investor has requested an update on how your investment in Universal Insurance Exchange, LLC is going. It is a good time to update all our partners therefore please be advised that Universal Insurance Exchange, LLC began writing Mobile Home Policies on October 18th and Home Owners Policies on October 24th.

We expect our MGA to produce between $200,000 and $250,000 by year end. As you may recall it is through Universal Insurance Exchange MGA, LLC that Central Insurance Holdings, LLC Partner:

receives its distributions. Our partnership holds 11.939% of Universal Insurance Exchange MGA, LLC. Therefore, in the aggregate, our partnership will receive between $23,878 and $29,847.50.

What does this mean to you?

You will receive in the month of January:

if you invested $25,000 between $600 and $760;

if you invested $50,000 between $1200 and $1525;

if you invested $100,000 between $2400 and $3050;

if you invested $200,000 between $4800 and $6100.

Please remember that you will receive a K1 informing you your percentage of the Partnership's income. I believe your distributions will also be on the K1.

I have attached Universal Insurance Exchange MGA, LLC's Forecast, Universal Insurance Exchange Insurance Company's Investment Holdings, Universal Insurance Exchange Insurance Company's last Quarterly report and Universal's 10-31-07 Financial Statement.

As can be seen in the sample financials the projected first payment was correct. The second quarterly payment doubled based on the percentage gain projected here.

Of course these real life numbers do not guarantee this same return on the new opportunity opening up next. It is though, a good yard stick to base judgment of return on.

The second quarterly payment, based on the demonstrated financials would be as follows:

if you invested $25,000 between $1200 and $1520;

if you invested $50,000 between $2400 and $3050;

if you invested $100,000 between $4800 and $6100;

if you invested $200,000 between $9600 and $12200.

As can be seen returns are proportional to new business taken on through takeouts and or voluntary.

Profits may be adversely affected during storm season.

Universal Insurance Exchange, LLC

Owner

Dorian Drossos

727-424-0763

uieonline@universalinsuranceexchange.com