Richmond, Virginia. The Trustee for the LandAmerica 1031 Exchange Services, Inc. Trust (“LES Trust”) has sold the ARS securities held in the SunTrust account. The face value of the securities sold totalled $51,400,000. The gross amount of proceeds received from the sale is $31,152,000; a price of .606 per dollar of face value. The Trustee negotiated a reduction in the Broker’s fee to 1% of proceeds from 2% of proceeds as per the engagement agreement signed at the time of Plan confirmation. This saved the Trust $311,500. The net amount of proceeds received from this sale totalled $30,840,500. Ronald Page, PLC represents creditors in complex Chapter 11 bankruptcy cases.