X0203 3 2009-10-22 0 0001471256 Cullen Agricultural Holding Corp CAGZ 0001380393 Fortress Investment Group LLC 1345 AVENUE OF THE AMERICAS NEW YORK NY 10105 0 0 1 0 0001252267 DRAWBRIDGE SPECIAL OPPORTUNITIES ADVISORS LLC 1345 AVENUE OF THE AMERICAS NEW YORK NY 10105 0 0 1 0 0001387345 FIG Corp. 1345 AVENUE OF THE AMERICAS NEW YORK NY 10105 0 0 1 0 0001245521 FIG LLC 1345 AVENUE OF THE AMERICAS NEW YORK NY 10105 0 0 1 0 0001387344 Fortress Operating Entity I LP 1345 AVENUE OF THE AMERICAS NEW YORK NY 10105 0 0 1 0 0001381035 Fortress Principal Investment Holdings IV LLC 1345 AVENUE OF THE AMERICAS NEW YORK NY 10105 0 0 1 0 Warrants 12.00 2009-10-22 2013-10-21 Common Shares 2559500 I See Footnote 2,303,550 Warrants by Drawbridge DSO Securities LLC, and 255,950 Warrants by Drawbridge OSO Securities LLC. Each reporting person disclaims beneficial ownership of all reported shares except to the extent of its pecuniary interest therein and the inclusion of the shares in this report shall not be deemed to be an admission of beneficial ownership of the reported shares for the purposes of Section 16 or otherwise. Fortress Operating Entity I LP ("FOE I") is the sole managing member of FIG LLC. FIG Corp. is the general partner of FOE I and FIG Corp. is wholly-owned by FIG. Drawbridge DSO Securities LLC is wholly-owned by Drawbridge Special Opportunities Fund LP. Drawbridge Special Opportunities GP LLC is the general partner of Drawbridge Special Opportunities LP. Fortress Principal Investment Holdings IV LLC ("FPIH IV") is the sole managing member of Drawbridge Special Opportunities GP LLC. Drawbridge Special Opportunities Fund Ltd. ("DSOF Ltd.") owns 100% of Drawbridge OSO Securities LLC ("DOSO"). [Footnote Continues Below] Drawbridge Special Opportunities Intermediate Fund L.P. ("DSOIF") owns 100% of DSOF Ltd. Drawbridge Special Opportunities Offshore GP LLC ("DSOO GP") is the general partner of DSOIF, and Drawbridge Special Opportunities Offshore Fund Ltd. ("DSOOF") is the sole limited partner of DSOIF. Drawbridge Special Opportunities Advisors LLC ("DSOA") is the investment advisor of DSOF Ltd., Drawbridge Special Opportunities Fund LP, DSOIF, and DSOOF. FIG LLC is the sole managing member of DSOA, and FOE I is the sole managing member of FIG LLC, DSOO GP, and FPIH IV. FIG Corp. is the general partner of FOE I, and FIG Corp. is wholly-owned by FIG. Because no more than 10 Reporting Persons can file any one Form 3 through the SEC's EDGAR system, the Reporting Persons have filed two Form 3s with respect to Cullen Agricultural Holding Corp. on the date hereof, both of which, taken together, constitute one Form 3. Part 1 of 2. /s/ David N. Brooks, as Authorized Signatory of Fortress Investment Group LLC 2009-11-10 /s/ Glenn Cummins, as Authorized Signatory of Drawbridge Special Opportunities Advisors LLC 2009-11-10 /s/ David N. Brooks, as Authorized Signatory of FIG Corp. 2009-11-10 /s/ David N. Brooks, as Authorized Signatory of FIG LLC 2009-11-10 /s/ David N. Brooks, as Authorized Signatory of FIG Corp., general partner of Fortress Operating Entity I LP 2009-11-10 /s/ David N. Brooks, as Authorized Signatory of Fortress Principal Investment Holdings IV LLC 2009-11-10