LETTER OF PAYMENT ARRANGEMENT

This letter of Payment Arrangement confirms that FNB agreement with the above debtor, which
acknowledge her debt of R19,950.69 and agree to make payment Of R200 monthly instalment. If
there is default in making any payment at our option, the full balance owing on the account together
will accrued agreed interest shall immediately become due and payable and continue to accrue
interest before and after judgement at the same rate of interest until paid off in full. As specified
below:

Admission and Acceptance

The undersigned hereby admits the full amount of the above outstanding account and having no
rights of set off on counter claim and accepts the above and terms of payment

Signiture