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<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Note 1. Interim Financial Statements</p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"> </p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">The accompanying financial statements are unaudited,
but in the opinion of the management of Interdyne Company (“the Company”), contain all adjustments, consisting of only
normal recurring accruals, necessary to present fairly the financial position as of September 30, 2020 and the results of operations,
cash flows and changes in stockholders’ equity for interim periods presented. Certain information and footnote disclosures
normally included in financial statements that have been prepared in accordance with accounting principles generally accepted in
the United States have been condensed or omitted pursuant to the rules and regulations of the Securities and Exchange Commission,
although management of the Company believes that the disclosures contained in these financial statements are adequate to make the
information presented therein not misleading. For further information, refer to the financial statements and footnotes thereto
included in the Company's Annual Report in Form 10-K as of June 30, 2020, as filed with the Securities and Exchange Commission.
The results of operations for the three months ended September 30, 2020 are not necessarily indicative of the results of operations
to be expected for the full fiscal year ending June 30, 2021.</p>
Loan is unsecured
Bears no interest
Loan is repayable on demand
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<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Note 2. Changes in Significant Accounting Policies</p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"> </p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify">There are no newly issued accounting
pronouncements that the Company expects to have a material effect on the financial statements and there have been no changes in
the Company’s significant accounting policies.</p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Note 3. Related Party Transactions</p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"> </p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">An officer of the Company charged a management
fee totalling $1,500 and $1,500 for the three months ended September 30, 2020 and 2019, respectively, for the use of a home office,
accounting and other services. During the three months ended September 30, 2020 and 2019, the officer also paid operating expense
of $0 and $25, respectively, on behalf of the Company. The balances due to this officer as of September 30, 2020 and June 30, 2020
were $22,500 and $21,000, respectively. The amounts due to this officer are unsecured, bear no interest and are payable on demand.</p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Note 4. Commitments and Contingencies </p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"> </p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">In March 2017, the Company received a letter
from the County of Santa Clara, California, which claimed that the Company is delinquent on its property taxes relating to tax
year 1988/1989 in the amount of $80,238 including penalties which should be paid immediately. The Company believes that these property
taxes were related to the period prior to the filing of the reorganization of the Company under Chapter 11 of the Bankruptcy Code
in the United States Bankruptcy Court for the Central District of California on November 22, 1988 and the eventual confirmation
of the Company’s Amended Plan of Reorganization (the “Plan”) by the Bankruptcy Court on May 17, 1990, and thus
have been settled in accordance with the terms of the Plan and are therefore invalid. The Company has informed the County of Santa
Clara that if it wants to assert its claim, it would have to petition to the Bankruptcy Court for relief. The Company does not
recognize the said claim and therefore has not recorded any tax liabilities related to this claim. If the County of Santa Clara
claim is adjudicated to be valid and the Company is liable, the tax liabilities imposed could have a material effect on the Company’s
result of operations and financial position.</p>