12th November, 2012 The Managing Partner Onakanmi & Partners 2nd Floor, Banuso House, 88/92 Broad

Street, Lagos. Dear Sir, RE: PAYMENT OF OUTSTANDING RENT AND SERVICE CHARGE ON 2ND FLOOR, BANUSO HOUSE, 88/92 BROAD STREET, LAGOS. We acknowledge the receipt of your letter dated 31st August, 2012. On that note, we write to inform you that Management has approved a rebate of N282,294.40 requested which brings your outstanding rent to N399,473.60 while the sum of N200,526.40 is outstanding on the service charge account. Kindly make available your cheque in the total sum of N399,473.60 (Three Hundred and Ninety Nine Thousand Four Hundred and Seventy Three Naira Sixty Kobo Only) in favour of Wemabod Estates Limited and N200,526.40 (Two Hundred Thousand Five Hundred and Twenty Six Naira Forty Kobo Only) in favour of Wemabod Estates Limited (Banuso House Services) as stated above. We implore you to relinquish the space as soon as payment is made. Thank you. Yours faithfully, For: WEMABOD ESTATES LIMITED KOLAWOLE ADEDAMOLA ESTATE ASSISTANT 08190444017/08062190661 Cc: MANAGING DIRECTOR TEMILADE GANIYU PROPERTY MANAGER 07029777419