X0202 3 2007-10-04 0 0000866970 LIGHTING SCIENCE GROUP CORP LSGP.PK 0001414298 LED Holdings, LLC 11390 SUNRISE GOLD CIRCLE #800 RANCHO CORDOVA CA 95742 0 0 1 0 0001143958 KELSON RICHARD B MEADWESTVACO CORPORATION ONE HIGH RIDGE PARK STAMFORD CT 06905 0 0 1 0 0001414903 Furry Kevin 100 MEADOW LAKES COURT FOLSOM CA 95630 0 0 1 0 0001415185 PP IV LED, LLC 99 RIVER ROAD COS COB CT 06807 0 0 1 0 0001415186 PP IV (AIV) LED, LLC 99 RIVER ROAD COS COB CT 06807 0 0 1 0 Common Stock 318574664 D Series B Preferred Stock 0.28 Common Stock 2000000 D Represents the purchase of 318,574,664 shares of Common Stock by LED Holdings, LLC ("LEDH"). PP IV (AIV) LED, LLC ("PPAIV"), PP IV LED, LLC ("PPLED"), Richard Kelson ("Mr. Kelson") and LED Effects, Inc. ("LED", together with PPAIV, PPLED, Mr. Kelson, the "LEDH Members") do not directly own any of the Common Stock but share voting and dispositive power over the Common Stock only as members of LEDH and by virtue of such status may be deemed to be the beneficial owner of the Common Stock held by LEDH. The LEDH Members disclaim beneficial ownership of the Common Stock held by LEDH, except to the extent of any pecuniary interest, and this statement shall not be deemed to be an admission that they are the beneficial owners of such securities. Represents the purchase of 2,000,000 shares of Series B Preferred Stock by LEDH. The LEDH Members do not directly own any of the Series B Preferred Stock but share voting and dispositive power over the Series B Preferred Stock only as members of LEDH and by virtue of such status may be deemed to be the beneficial owner of the Series B Preferred Stock held by LEDH. The LEDH Members disclaim beneficial ownership of the Series B Preferred Stock held by LEDH, except to the extent of any pecuniary interest, and this statement shall not be deemed to be an admission that they are the beneficial owners of such securities. N/A /s/ Govi Rao, President & CEO, LED Holdings, LLC 2007-10-04 /s/ Steven Wacaster, Vice President, PP IV (AIV) LED, LLC 2007-10-04 /s/ Steven Wacaster, Vice President, PP IV LED, LLC 2007-10-04 /s/ Richard Kelson 2007-10-04 /s/ Kevin Furry, President, LED Effects, Inc. 2007-10-04