Hughes Cattle Company
Presidio & Jeff Davis Counties, Texas


Disclosure Statement

Neither Hughes Cattle Company, a Texas Corporation ("Hughes"), Argus Real Estate, Inc. ("Argus"), nor John Birkelbach ("Birkelbach") represents, warrants, either by implication nor express statement, the accuracy or completeness of the information contained in this property presentation.  The information contained herein has been prepared from sources believed to be reliable but has not been independently verified by Hughes, Argus, or Birkelbach as to accuracy or completeness.  No warranties or representations, express or implied, are made as to the information presented herein.  Warranties or representations can only be make in a written and fully executed purchase and sales agreement between Seller and purchaser.  The prospective purchaser is encouraged to perform such independent due diligence as he or she finds appropriate.  Typically, due diligence activities provide a more comprehensive review and analysis of all aspects of the property (including, but not limited to, financial matters, market conditions, environmental conditions, physical condition, regulatory issues and title status) than the material contained herein.  This presentation is for information purposes only and is not a solicitation of any nature whatsoever.  Hughes Cattle Company, a Texas Corporation, reserves the right, at its sole and absolute discretion, to reject any offer.