LAKESHORE COMPANY PROXY

KNOW ALL PEOPLE BY THESE PRESENTS, that I, the undersigned, being a Stockholder in Lakeshore Company, do hereby constitute and appoint ________________________ or, in the case that I have not written in another stockholder’s name, a majority of such members of the Lakeshore Board as are actually present as my true and lawful attorney in my name, place and stead, to vote for me at the elections, or in any other matters requiring my formal action by vote, as my proxy, at the Lakeshore Annual Meeting at the Clubhouse, at Mt. Kemble Lake in Harding Township, New Jersey on Friday, January 28, 2011, and at any adjournments thereof, hereby granting the said attorney’s full power and authority to act for me and in my name at said meeting, to the same extent and with the same force as I would be entitled to vote if then personally present, and hereby revoking all former proxies given in respect to by stock. I direct my proxy to vote on the slate supported by the Lakeshore Directors as I indicate below, and I also specifically authorize my proxy to vote, according to my proxy’s discretion, on any motions or amendments that may be introduced at the Meeting.

IN WITNESS THEREOF I have set my hand and seal this _____ day of _____, 2011.

_________________________ _________________________

Print Name of Stockholder Signature of Stockholder

Please vote to accept or reject the slate as presented by the 2010 Lakeshore Board:

Slate of Three Candidates to serve as Directors of Lakeshore Company in 2011:

Austin Godfrey Barbara Coulter Tawnya Kabnick

__________ Accept the 2011 Slate

__________ Reject the 2011 Slate

Change By-Laws to require annual independent review of Financial records

Yes__________ No__________

Proposed By-Law language attached

One proxy per property