X0202 3 2007-10-11 0 0001065754 VIKING SYSTEMS INC VKSY 0001274432 HUGHES J WINDER C/O VIKING SYSTEMS, INC. 134 FLANDERS ROAD WESTBOROUGH MA 01581 1 0 1 0 Common Stock 347233 I The Focus Fund L.P. Convertible Debenture 0.12 2007-02-23 2009-02-23 Common Stock 4166667 I The Focus Fund L.P. Convertible Debenture 0.12 2007-07-31 2009-02-23 Common Stock 4166667 I The Focus Fund L.P. Warrants 0.12 2007-02-23 2014-02-23 Common Stock 1388889 I The Focus Fund L.P. Warrants 0.12 2007-07-31 2014-02-23 Common Stock 1388889 I The Focus Fund L.P. All such shares are held by The Focus Fund, L.P. Mr. Hughes is the managing member of The Focus Fund, and as such, shares the power to direct the vote and disposition of these shares. Mr. Hughes disclaims beneficial ownership of these shares. Convertible Debenture in the original principal amount of $500,000. Current exercise price and conversion price, as applicable, subject to adjustment. /s/ J. Winder Hughes 2007-11-28