X0303 4 2008-11-06 0 0000770034 ADVANCE DISPLAY TECHNOLOGIES INC ADTI.OB 0000904367 DEGEORGE LAWRENCE F 140 INTRACOASTAL POINTE DRIVE, SUITE 410 JUPITER FL 33477 1 0 1 0 November 2008 Convertible Revolving Promissory Note 110 2008-11-06 4 P 0 62676 0 A 2008-11-06 2010-12-31 Series G Convertible Preferred Stock 62676 153220 I See Footnote (7) June 2009 Convertible Revolving Promissory Note 84 2009-06-15 4 P 0 96496 0 A 2009-06-15 2010-12-31 Series G Convertible Preferred Stock 96496 249716 I See Footnote (7) Share Purchase Warrant 0.084 2009-06-15 4 P 0 810564 0 A 2009-06-15 2010-12-31 Series D Convertible Preferred Stock 810564 36055113 I See Footnote (7) The November 2008 Convertible Revolving Promissory Note is convertible at $110.00 into 62,676 shares of the Issuer's Series G Convertible Preferred Stock ("Series G"). The Series G converts 1-for-1000 into shares of the Issuer's Common Stock. The 62,676 shares of Series G are convertible into 62,676,000 shares of the Issuer's Common Stock. The June 2009 Convertible Revolving Note is convertible at $84.00 into 96,496 shares of the Issuer's Series G. The 96,496 shares of Series G are convertible into 96,496,000 shares of the Issuer's Common Stock. The Warrant for the Purchase of Shares of the Series D Convertible Preferred Stock is for the purchase of 810,564 shares of the Issuer's Series D Convertible Preferred Stock ("Series D"). The Series D converts 1-for-1 into shares of the Issuer's Common Stock. The 810,564 shares of Series D are convertible into 810,564 shares of the Issuer's Common Stock. The number of shares beneficially owned includes 71,430 shares held by the Reporting Person, 19,114 shares held by New Iplan AR LLC, an affiliate of the Reporting Person and 62,676 shares held by DeGeorge Holdings Three LLC, an affiliate of the Reporting Person. The number of shares beneficially owned includes 71,430 shares held by the Reporting Person, 19,114 shares held by New Iplan AR LLC, an affiliate of the Reporting Person and 159,172 shares held by DeGeorge Holdings Three LLC, an affiliate of the Reporting Person. The number of shares beneficially owned includes 35,244,549 shares held by the Reporting Person and 810,564 shares held by DeGeorge Holdings Three LLC, an affiliate of the Reporting Person. The shares are held of record by DeGeorge Holdings Three LLC, an affiliate of the Reporting Person. /s/ Lawrence F. DeGeorge 2009-06-18