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Memo: Unpaid contractors demanding payment from Premier Properties

Premier Properties USA Inc. is scrambling to keep up with bills for basic services including snow removal,
security and interior design—more signs of financial troubles for the developer of Metropolis in
Plainfield and the proposed Venu project in Indianapolis.

SPECIAL REPORT: Financial travails dog ‘mystery man’ at helm of Premier Properties

An IBJ review of hundreds of pages of public records shows Christopher P. White and his Premier
Properties USA Inc. are facing major financial and legal challenges. The most glaring signs of trouble: Contractors have filed
more than $3.5 million in liens against Premier’s retail properties in Plainfield; the state of Indiana is trying to
recover $375,000 in sales taxes on White’s airplane; and the contractor who renovated his Lake Clearwater mansion
is suing him to recover more than $600,000 in unpaid bills.

NFP of NOTE: Heritage Place of Indianapolis Inc.

Heritage Place of Indianapolis Inc. provides older adults with comprehensive and coordinated human services to encourage
and promote healthy lifestyles, independence, well-being and quality of life.

Lilly snags talent kudos

Fortune magazine ranked the drug company among the best in the world for managing talent.

Corrections officials arrested for alleged misconduct

An Indiana State Police probe of the Henry County Community Corrections program has resulted in charges of ghost employment
and official misconduct against the program’s director and two New Castle police officers who worked for it. The three surrendered
Wednesday and were released on bond. According to court documents, director Matt Sheets and officers Matthew Peterson and
Jim Heffernan played golf, visited friends and exercised at a New Castle gym while on duty.

Massive fire destroys Bloomington office building

Investigators are trying to figure out what caused a Bloomington office building to burn Wednesday night. Firefighters called
it a total loss. The 30,000-square-foot Eastplex building near College Mall housed several businesses. No injuries were reported.

Palin’s Indiana book signings draw hundreds

Hundreds of people were lined up at 7 a.m. Thursday ahead of Sarah Palinâ??s appearance at the Borders Books and Music store
in Noblesville. The former Alaska governor is due to arrive at 6 p.m. at Hamilton Town Center as part of her â??Going Rogueâ??
book tour. The 1,000 wrist bands that entitle fans to buy two copies of the book and have it signed were all handed out. About
700 people were in line at 7:30 a.m. at a Meijer store in Fort Wayne for Palinâ??s noon appearance. Fox 59 will have more
at 4 p.m.

Indianapolis Tennis Center future in limbo

Well placed sources inside the local tennis community claimed this week that IUPUI plans to demolish the Indianapolis Tennis
Center next spring to make room for an NCAA headquarters expansion.

Emmis loses license to operate Hungarian station

Hungarian officials took off the air Wednesday a national radio station operated by Emmis Communications Inc. and awarded
the license to one of the country’s political parties.

Speedway breaks ground on redevelopment project

Speedway officials broke ground Thursday morning on the first phase of a $500 million redevelopment project they hope will transform the small town into a year-round racing-themed destination.

Developer eyes Penn Centre as it wraps up Allen Plaza

Allen Commercial Group is offering for sale the first of 30 condos in its flagship nine-story Allen Plaza building along Pennsylvania
Street downtown. And the firm is working on a phasing plan for its much-larger Penn Centre proposal.

Computer woes slow air traffic across the nation

The Federal Aviation Administration said the problem was fixed about 10 a.m. Thursday, but it was unclear how long flights would continue to be delayed. Dozens of flights to Indianapolis International Airport have been affected.

Conseco plans new stock offering

Conseco Inc. plans to sell about $230 million in stock and use half of the net proceeds to repay debt under its senior credit
agreement.

Egg industry debates ethics of cage sizes

The answers could have big implications for the egg industry, which counts Indiana as one of its leading producers. The Hoosier state ranked third in egg production in 2008, trailing only Iowa and Ohio.