Dept. of Trans.       PROGRESS   Serial No.  Contract No.                               
                                          11-152-10-41  04-2G5804                       
                PROGRESS PAYMENT VOUCHER  %complete:   %time:                           
Location:                                  23%          73%                             
04-MRN-1-4.8                    Federal Project:                                        
04-MRN-1-4.8/4.8                                     NONE                               
                                                                                        
                                                                                        
Progress payment No. 01            Payment period ending: 05-20-11                      
VALENTINE CORPORATION                                                                   
111 PELICAN WAY                                                                         
SAN RAFAEL, CA  94901                                                                   
                                                                                        
                                                                                        
Escrow No.  00000                                                                       
                                    Total Estimate   This Estimate                      
1. Contract Itms Without Mobil.          18,475.00       18,475.00                      
2.a. Extra Work                         668,561.31      668,561.31                      
  b. Adjustment Comp.                                                                   
3. Materials on Hand                                                                    
4. Earned Subject to Retention          687,036.31      687,036.31                      
5. Mobilization                                                                         
6. Total Work Completed      687,036.31                                                 
7. Deductions                                                                           
8. a.Contract Retentions                                                                
   b. Unsatisfactory Prog.                                                              
   c. Reduction after 95% Comp.                                                         
9. Total pay to Contractor              687,036.31      687,036.31                      
10. Reduction Amt to Escrow                                                             
11. Payment to Escrow             0.00                                                  
12. Net Pymt. this Estimate                             687,036.31