Wednesday, May 18, 2005

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ASTRALIS LTD
(A DEVELOPMENT STAGE ENTITY)
SELECTED STATEMENT OF OPERATION INFORMATION
JANUARY 1, 2005 TO MARCH 31, 2005

Revenues --

Total Operating Expenses $1,691,095

Loss from Operations $(1,691,095)

Investment Income $10,898

Net Loss Before Income Tax Benefit $(1,680,197)

Income Tax Benefit $--

Net Loss to Common Shareholders $(1,680,197)

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