X0202 4 2006-11-20 0001314772 KBL Healthcare Acquisition Corp. II KBLH 0001324483 Kaswan Michael KBL HEALTHCARE ACQUISITION CORP. II 757 THIRD AVENUE, 21ST FLOOR NEW YORK NY 10017 1 1 0 0 Chief Operating Officer Warrants 5.00 2006-11-20 4 P 0 2500 .65 A 2009-04-20 Common Stock 2500 52500 D Warrants 5.00 2006-11-20 4 P 0 2500 .66 A 2009-04-20 Common Stock 2500 55000 D Warrants 5.00 2006-11-20 4 P 0 2500 .70 A 2009-04-20 Common Stock 2500 57500 D Warrants 5.00 2006-11-20 4 P 0 2500 .70 A 2009-04-20 Common Stock 2500 60000 D Warrants 5.00 2006-11-20 4 P 0 2500 .70 A 2009-04-20 Common Stock 2500 62500 D Warrants 5.00 2006-11-20 4 P 0 5000 .66 A 2009-04-20 Common Stock 5000 67500 D Warrants 5.00 2006-11-20 4 P 0 5000 .67 A 2009-04-20 Common Stock 5000 72500 D Warrants 5.00 2006-11-20 4 P 0 7500 .70 A 2009-04-20 Common Stock 7500 80000 D Warrants 5.00 2006-11-20 4 P 0 10000 .70 A 2009-04-20 Common Stock 1000 90000 D Warrants 5.00 2006-11-20 4 P 0 10000 .70 A 2009-04-20 Common Stock 10000 100000 D Warrants 5.00 2006-11-20 4 P 0 15000 .70 A 2009-04-20 Common Stock 15000 115000 D Warrants 5.00 2006-11-20 4 P 0 15000 .70 A 2009-04-20 Common Stock 15000 130000 D Warrants 5.00 2006-11-20 4 P 0 20000 .70 A 2009-04-20 Common Stock 20000 150000 D Warrants 5.00 2006-11-20 4 P 0 50000 .70 A 2009-04-20 Common Stock 50000 200000 D The Warrants will become exercisable on the completion of a business combination with a target business. /s/ Michael Kaswan 2006-11-21