EXHIBIT 7(b)5 NOTES TO UNAUDITED PRO FORMA CONDENSED CONSOLIDATED FINANCIAL INFORMATION. MICROELECTRONIC PACKAGING,INC. NOTES TO UNAUDITED PRO FORMA CONDENSED CONSOLIDATED FINANCIAL INFORMATION NOTE 1 - BASIS OF PRESENTATION Reference is made to the "Introduction" on Page F-2. NOTE 2 - PRO FORMA ADJUSTMENTS The pro forma adjustments to the condensed consolidated financial information are as follows: (1) To reflect the write-down of the assets of MPM Singapore Pte. Ltd. ("MPM") to their estimated net realizable value of $3,751,000; the application of the estimated proceeds from the sale of those assets to reduce borrowings of MPM; and the removal of the revenues, cost of sales, operating, and interest expenses of MPM from the consolidated operations of the Company. (2) The Company has signed a Memorandum of Understanding with a creditor which, if consummated, would cause the conversion into equity in the Company of $9,000,000 of long-term debt and $383,000 of accrued interest. F-6