[PROVISIONAL TRANSLATION FROM PERSIAN]

 

[Translator’s notes appear in square brackets]

[Personal information has been redacted.]

 

In the Name of God

[Emblem]

Country Bank

Number: 6321/2303

Date: 12 Mordad 1387 [2 August 2008]

Enclosure: ----

 

Dear General Manager of Dez Gereh-ye Afshar Company

The subject: Company Debt

Greetings,

Respectfully, with reference to letter number 101, dated 12 Mordad 1387[2 August 2008], the following items are brought to your attention.

Type of Contract: Sale on Instalments, Addendum 3 Drought Prevention (based on the construction of earth dam)

Facility Payment Date: 29 Esfand 1379 [19 March 2001]

Facility Price: 40,000,000 rials

Facility Date of Maturity:

6 Mordad 1381 [28 July 2002] - 15,600,000 rials

6 Mordad 1382 [28 July 2003] - 14,200,000 rials

6 Mordad 1383 [27 July 2004] - 12,800,000 rials

6 Mordad 1384 [28 July 2005] - 11,400,000 rials

It should be noted that the instalments have been paid at maturity date and the company’s debt has been settled by this date.

 

Mehdishahr Branch

[Stamp of Mehdishahr Country Bank]

[Signature]