X0202 3 2007-06-19 0 0001108248 KRONOS ADVANCED TECHNOLOGIES INC KNOS.OB 0001079972 PERLMAN RICHARD E C/O AIRWORKS FUNDING LLP 655 MADISON AVENUE, 23RD FLOOR NEW YORK NY 10021 0 0 1 1 Member 13(d) group owning +10% Secured Convertible Promissory Note .0028 2010-06-19 Common Stock 885714285 I See Footnote Immediately. Assumes the current principal balance of $2.48 million of the Secured Convertible Promissory Note is converted at a Conversion Price of $0.0028. The number of shares of Common Stock the Secured Convertible Promissory Note is convertible into is determined by dividing (x) that portion of the outstanding principal balance under the Secured Convertible Promissory Note being converted as of the date of conversion by (y) the then applicable Conversion Price. Excludes up to 2,978,571,428 additional shares of Common Stock which may become issuable if the Secured Convertible Promissory Note is funded in full. The holder has the right to advance an additional $8.34 million under the terms of the Secured Convertible Promissory Note. Subject to adjustment under certain specified circumstances. Mr. Perlman is a limited partner in AirWorks Funding LLLP and the President of Compass Partners, L.L.C., the general partner of AirWorks Funding LLLP, which is the direct holder of the Secured Convertible Promissory Note. Mr. Perlman disclaims beneficial ownership of the Secured Convertible Promissory Note except to the extent of its pecuniary interest therein /s/ Reinaldo Pascual, Attorney-In-Fact 2007-06-29