Hello Note Holders!

Thank you for your investment!

As you probably know, the American Enterprises (AEI) Subordinated Debt Program has been available to family, friends and business associates of the Company’s management team for 60+ years. It is our privilege to have you as part of that group.

Our notes are issued for two years, and pay interest at 4.5% for investment up to $50,000, 5.25% from $50,000 up to $100,000, and 6.0% for $100,000 and above.

AEI started in business in 1955. The net worth of the Company as of 12/31/16 is approximately 3.7 million.

An outside audit of AEI is completed annually by the Vrakas/Blum accounting firm.

We sincerely appreciate your faith in AEI, and look forward to continuing our relationship for many years to come.