INVESTOR SUBSCRIPTION AGREEMENT
                                          FOR
                                  AVIATOR ALES, INC.
                                     COMMON STOCK



PERSONS INTERESTED IN PURCHASING SHARES OF THE COMPANY'S COMMON STOCK (THE
"SHARES") MUST COMPLETE AND RETURN THIS SUBSCRIPTION AGREEMENT ALONG WITH THEIR
PURCHASE PRICE IN CASH, CHECK, VISA OR MASTERCARD CHARGE TO:  AVIATOR ALES, INC.
14316 NE 203RD STREET, WOODINVILLE, WASHINGTON 98072

THE ORIGINAL SIGNED AND ACCEPTED COPY OF THIS AGREEMENT WILL BE RETURNED TO YOU
AS YOUR RECEIPT, AND A STOCK CERTIFICATE WILL BE ISSUED TO YOU SHORTLY
THEREAFTER.

CHECKS SHOULD BE MADE PAYABLE TO:  FIRST INTERSTATE BANK/AVIATOR ALES, INC.

I hereby irrevocably tender this Subscription Agreement for purchase of
_________ Shares at the per share at $1.85 per share (minimum 300 shares).  With
this Subscription Agreement, I tender payment in the amount of $____________
($1.85 per share), for the Shares subscribed.

The "Date of Purchase" is the postmark date on the envelope containing this
Subscription Agreement together with the investor's purchase price.

 




Method of Payment:           Check (Make Payable to           VISA           MasterCard    All sales of shares are
                         ----                             ----           ----              final, credit card refunds
                         "First Interstate Bank/Aviator                                    cannot be made after the
                         Ales, Inc."                                                       Company accepts the
                                                                                           Subscription Agreement.

Card #                  Expiration Date                         Signature
      ---------------                   --------------------               -------------------------------------------

In connection with my investment in the Company, I represent and warrant as follows:
    a)   Prior to tendering payment for the Shares, I received a copy of the Company's Prospectus.
    b)   I am resident of the State of                                          .
                                       ------------------------------------------

The Shares which I am purchasing shall be issued as follows (check one):
       Individual Ownership (one signature required)                        Corporation (authorized agent of corporation must sign)
     ---                                                                  ---
       Joint Tenants with Right of Survivorship (all parties must sign;     Partnership (authorized agent of partnership must sign;
     ---commonly used in situations where spouses are investing and       ---commonly a business or investment group)
        desire assets to pass to the surviving spouse, free of probate)

       Tenants-in-Common (all parties must sign; each investor has an       Trust (trustee must sign)
    ---undivided interest, absent an agreement)                          ---

                                                                             Other:  Please specify
                                                                          ---                      ---------------------------------
                                                                             -------------------------------------------------------


 
PLEASE PRINT, ON THE LINE(S) BELOW, THE EXACT NAME(S) YOU DESIRE ON THE STOCK
CERTIFICATE.



- ----------------------------------          ----------------------------------
Investor No. 1 (Print Name Above)           Investor No. 2 (Print Name Above)

- ----------------------------------          ----------------------------------
Street (Mailing Address)                    Street (Mailing Address)

- ----------------------------------          ----------------------------------
City            State          Zip          City            State          Zip

- ----------------------------------          ----------------------------------
Home Phone                                  Home Phone

- ----------------------------------          ----------------------------------
Date of Birth                               Date of Birth

- ----------------------------------          ----------------------------------
Social Security Number                      Social Security Number


The undersigned acknowledged under          The undersigned acknowledged under
the penalties of perjury that the           the penalties of perjury that the
foregoing information is true,              foregoing information is true,
accurate and complete.                      accurate and complete.

- ----------------------------------          ----------------------------------
Signature               Date                Signature               Date


ACCEPTED BY:  AVIATOR ALES, INC.

- ----------------------------------          -----------    -------------------
By:  James W. Bernau, President             Date           Subscription Number