Hawaii Residency Programs, Inc. SUMMARY ANNUAL REPORT – 2007 FOR HAWAII RESIDENCY PROGRAMS EMPLOYEE BENEFIT PROGRAM This is a summary of the annual report of the Hawaii Residency Programs Employee Benefit Program, EIN 99-0215841, Plan No. 501, for period July 1, 2006 through June 30, 2007. The annual report has been filed with the Employee Benefits Security Administration, U.S. Department of Labor, as required under the Employee Retirement Income Security Act of 1974 (ERISA). Insurance Information The plan has contracts with The Lincoln National Life Insurance Company, Unum Life Insurance Company of America and Hawaii Medical Service Association to pay life, accidental death & dismemberment, medical, dental, vision and long-term disability claims incurred under the terms of the plan. The total premiums paid for the plan year ending June 30, 2007 were $1,398,196. Your Rights To Additional Information You have the right to receive a copy of the full annual report, or any part thereof, on request. The items listed below are included in that report: 1. Insurance information, including sales commissions paid by insurance carriers. To obtain a copy of the full annual report, or any part thereof, write or call Hawaii Residency Programs, Inc., 1356 Lusitana Street, Room 510, Honolulu, HI 96813, (808) 586-2890 You also have the right to receive from the plan administrator, on request and at no charge, a statement of the assets and liabilities of the plan and accompanying notes, or a statement of income and expenses of the plan and accompanying notes, or both. If you request a copy of the full annual report from the plan administrator, these two statements and accompanying notes will be included as part of that report. You also have the legally protected right to examine the annual report at the main office of the plan (Hawaii Residency Programs, Inc., 1356 Lusitana Street, Room 510, Honolulu, HI 96813) and at the U.S. Department of Labor in Washington, D.C. or to obtain a copy from the U.S. Department of Labor upon payment of copying costs. Requests to the Department should be addressed to: Public Disclosure Room, Room N5638, Pension and Welfare Benefits Administration, U.S. Department of Labor, 200 Constitution Avenue, N.W., Washington, D.C. 20210. If you have any questions, please contact your residency program administrator.