MONOPOLY I, LLC share price increases to $13.16 a 5% increase over 1Q2008 and 31.16% since the inception of the company.

JOPLIN, Mo., July 11, 2008 MONOPOLY I, LLC (M1), a real estate investment company, today announced financial results for its second quarter ended June 30, 2008.

Revenue increased 27% over 1Q08 to $43,109.
Net loss YTD for 2008 is $35,393 after property depreciation.
Capital raised since inception of the company is $567,802 vs. goal of $440,000.
Total assets are $2,130,325 in line with company’s goal.

Second quarter 2008 and 2008 financial results

Revenue: M1’s second quarter revenue was $43,109 compared to $34,027 in the first quarter, an increase of 27% exceeding company's prior guidance of $36,000. For 2008, M1’s revenue is $77,136.

Net Operating Income: During the first half of 2008, M1’s net operating income was $586. We continue to focus on reinvesting in our properties executing a renovation plan that will continue to increase the value of our properties and attract tenants. Our focus is to continue to breakeven utilizing our free cash flow to improve our property portfolio.

Operating expenses: Operating expenses continue to increase as our revenue increases as we continue to budget our available cash into repairs and renovations. Our strategy will continue to reinvest cash flow and use investor dollars for new purchases. It is important that we do not spend more than what we receive and our management team continues to do an excellent job in budgeting our renovation plans to ensure we are not incurring debt.

Net income: As of June 30, 2008 taxable net loss is $35,393. Our taxable net loss is a reflection of our break even operating budget and property depreciation allowing us as share members to experience a tax deduction at the end of the year while increasing the value of our shares.

EBITA & Earnings per share: Earnings before interest, taxes and amortization were $22,378 or $.45 per share.

Balance sheet: Cash, cash equivalents, and short-term investments as of June 30, 2008 were $72,814 compared to $59,305 as of December 31, 2007. The increase is largely due to price appreciation in our CGM Realty fund and investor contributions. During 2Q2008, M1 grew total assets from $1,424,532 to $2,130,325 an increase of $705,793. The increase in total assets includes the purchase of our latest property valued at $680,000. The company’s long-term debt increased $524,757 to $1,470,238 also due to the above acquisition. Share members investments increased $159,356 to $567,802. As of June 30, 2008, M1 has issued 49,596 member shares. No shares have been repurchased by the company in 2008.

Other developments during the 2Q2008

Acquisition:

On June 30, 2008 we purchased our 8th property, 1505 Michigan Avenue, Joplin, MO. This property consists of 20 2-bedroom apartments with the potential of producing $8,000 per month in rent or $96,000 annually. The 2-story building has a brick exterior and many units have recently been remodeled. There are a few exterior items to repair and five apartments that still need renovations that we plan to complete during the second half of 2008. This property will secure our position in the neighborhood as it sits next door to our past purchase of 1501 Michigan.

Guidance for third quarter 2008:

For the third quarter, ending September 30, 2008, total revenue is expected to be $58,000. We expect an increase in rental income as we complete apartment renovations and achieve full occupancy in our latest purchase. Operating expenses are expected to be $58,000 as we continue to execute our preventive maintenance and renovation plan. Net income and earnings per share for the third quarter are expected to breakeven, assuming a weighted average share count of 62,000 shares.

About MONOPOLY I, LLC

MONOPOLY I, L.L.C. (M1), a limited liability company, is engaged in the acquisition, ownership, management, and redevelopment of rental properties. The company rents and leases its rental units to a diverse base of residents. As of June 30, 2008, M1 owned a real estate portfolio of 8 rental properties containing approximately 59 apartment units located in Joplin, Missouri. M1 was founded in 2006 and is headquartered in Joplin, Missouri.

For more information about M1, please visit our blog at:
www. monopoly1llc.blogspot.com

Editorial Contact:
William R. HolstinePresident/CEO
630.649.1837
wholstine@monopoly1llc.com

© 2006 MONOPOLY I, LLC All rights reserved. MONOPOLY I, LLC is a registered trademark in the state of Missouri.