KAUANOE O KOLOA OWNER-OCCUPANT PRESALE ANNOUNCEMENT This second publication of the owner-occupant presale announcement for KAUANOE O KOLOA (the "Project"), located at 5425 Pau A Laka Street, Koloa, Hawaii 96756, Tax Map Key Nos. (4) 2-8-014: 032 and 041, is published by KAUAI HALE, INC., a Delaware corporation (the "Developer"), pursuant to Section 514B-95.5 of the Hawaii Revised Statutes ("HRS"), as amended. For a 30-day period following the date of the first publication of the owner-occupant presale announcement, at least 50% of the residential units being marketed in the Project will be offered only to prospective owner-occupants through a chronological system. The 12 residential units listed in the table below are designated by the Developer as initially for sale in fee simple only to owner-occupants who will use the units as their principal residences for a period of not less than 365 consecutive days. Owner-Occupant Designated Unit Numbers Unit Type Bedroom/Bath Approximate Net Living Area (sq. ft.) 1414, 1434, 1524 AR 2/2 1,170 1422, 1512, 1532 BR 3/3 1,410 1411, 1421, 1531 A 2/2 1,170 1413, 1523, 1533 B 3/3 1,410 As of the date of this notice, the Developer's best estimate of the minimum price of a designated owner-occupant unit is $1,830,000.00 for a 4 bedroom/3 bathroom unit, $1,600,000.00 for a 3 bedroom/3 bath unit, and $1,399,000.00 for a 2 bedroom/2 bathroom unit. These prices are subject to change by the Developer. The Developer has reserved the right to substitute any designated owner-occupant unit with another similar unit within the Project pursuant to Section 514B-96(b) of the HRS. Some of the designated owner-occupant units listed above may not be available as they may have already been purchased in the chronological offering process since the first publication. Any person interested in purchasing an owner-occupant unit may contact Meridian Pacific, the Project Broker, at 94-050 Farrington Highway, #E1-3, Waipahu, Hawaii 96797, (808) 651- 0040, between the hours of 10:00 a.m. and 5:00 p.m. daily, to request owner-occupant affidavits, the Developer's Public Report for Phase 7, and a copy of the Kauanoe o Koloa Purchase Agreement, and to obtain further information about the Project. Meridian Pacific 94-050 Farrington Highway, #E1-3 Waipahu, Hawaii 96797 (808) 651-0400 KAUANOE O KOLOA OWNER - OCCUPANT PRESALE ANNOUNCEMENT This second publication of the owner - occupant presale announcement for KAUANOE O KOLOA ( the " Project " ) , located at 5425 Pau A Laka Street , Koloa , Hawaii 96756 , Tax Map Key Nos . ( 4 ) 2-8-014 : 032 and 041 , is published by KAUAI HALE , INC . , a Delaware corporation ( the " Developer " ) , pursuant to Section 514B - 95.5 of the Hawaii Revised Statutes ( " HRS " ) , as amended . For a 30 - day period following the date of the first publication of the owner - occupant presale announcement , at least 50 % of the residential units being marketed in the Project will be offered only to prospective owner - occupants through a chronological system . The 12 residential units listed in the table below are designated by the Developer as initially for sale in fee simple only to owner - occupants who will use the units as their principal residences for a period of not less than 365 consecutive days . Owner - Occupant Designated Unit Numbers Unit Type Bedroom / Bath Approximate Net Living Area ( sq . ft . ) 1414 , 1434 , 1524 AR 2/2 1,170 1422 , 1512 , 1532 BR 3/3 1,410 1411 , 1421 , 1531 A 2/2 1,170 1413 , 1523 , 1533 B 3/3 1,410 As of the date of this notice , the Developer's best estimate of the minimum price of a designated owner - occupant unit is $ 1,830,000.00 for a 4 bedroom / 3 bathroom unit , $ 1,600,000.00 for a 3 bedroom / 3 bath unit , and $ 1,399,000.00 for a 2 bedroom / 2 bathroom unit . These prices are subject to change by the Developer . The Developer has reserved the right to substitute any designated owner - occupant unit with another similar unit within the Project pursuant to Section 514B - 96 ( b ) of the HRS . Some of the designated owner - occupant units listed above may not be available as they may have already been purchased in the chronological offering process since the first publication . Any person interested in purchasing an owner - occupant unit may contact Meridian Pacific , the Project Broker , at 94-050 Farrington Highway , # E1-3 , Waipahu , Hawaii 96797 , ( 808 ) 651- 0040 , between the hours of 10:00 a.m. and 5:00 p.m. daily , to request owner - occupant affidavits , the Developer's Public Report for Phase 7 , and a copy of the Kauanoe o Koloa Purchase Agreement , and to obtain further information about the Project . Meridian Pacific 94-050 Farrington Highway , # E1-3 Waipahu , Hawaii 96797 ( 808 ) 651-0400