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Destineer

Destineer Corp., with equity ownership consisting of:

Mobile Telecommunications Technologies Corp.
Microsoft Corporation
Kleiner, Perkins, Caufield & Byers
William Gates
Paul Allen
Integral Partners

has acquired from the Federal Communications Commission two licenses for nationwide wireless personal communications services. The specific radio station authorizations are:

KNKV205 934.20–934.25 Mhz & 901.2000–901.2500 Mhz
KNKV208 930.50–930.55 Mhz & 901.7750–901.7875 Mhz

These licenses were acquired in a simultaneous, multiple round auction.

The undersigned designed bidding strategies for the purchase of these licenses, and assisted in the implementation of these strategies, as an advisor to Destineer Corp.

JOS. SWANSON & CO.

Racine, Wisconsin
August, 1994