Leon M. and Mary K. Jaroff - Page 9

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          the Partnership transactions, a number of other limited                     
          partnerships entered into transactions similar to the Partnership           
          transactions, also involving Sentinel EPE recyclers and Sentinel            
          expanded polystyrene (EPS) recyclers.  We refer to these                    
          collectively as the Plastics Recycling transactions.                        
               B.  The Partnerships                                                   
               SAB Recovery and SAB Reclamation are New York limited                  
          partnerships.  SAB Recovery was formed in late 1981 and SAB                 
          Reclamation was formed in early 1982.  Both partnerships were               
          organized and promoted by Stuart Becker (Becker), a certified               
          public accountant (C.P.A.) and the founder and principal owner of           
          Stuart Becker & Co., P.C. (Becker Co.), an accounting firm that             
          specialized in tax matters.  Becker organized a total of six                
          recycling partnerships (the SAB Recycling Partnerships).  Two of            
          the SAB Recycling Partnerships closed in late 1981, two closed in           
          early 1982, and two more closed in late 1982.                               
               The general partner of each of the SAB Recycling                       
          Partnerships, including SAB Recovery and SAB Reclamation, is SAB            
          Management Ltd. (SAB Management).  SAB Management is wholly owned           
          by Scanbo Management Ltd. (Scanbo), which is wholly owned by                
          Becker.  Scanbo is an acronym for three of Becker's children:               
          Scott, Andy, and Bonnie.  The officers and directors of SAB                 
          Management and Scanbo are as follows:  (1) Becker, president and            
          director; (2) Noel Tucker (Tucker), vice president, treasurer,              
          and director; and (3) Steven Leicht (Leicht), vice president,               




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