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BORACAY ISLAND WATER COMPANY, INC.

A Manila Water Philippines Ventures Company

To : LILANIE R. JEBULAN
Procurement, Logistics & Contracts Manager

Subject : Long Outstanding Retention

Date : August 15, 2019

Mam,

We would like to submit our billing statement Long Outstanding Retention amount to: ONE MILLION
NINE HUNDRED TWENTY-EIGTH THOUSAND SEVEN HUNDRED SEVENTY-NINE and 74/100 Pesos Only.
(Php. 1,928,779.74)

Hope our request granted as soon as possible.

Very truly yours,

Samuel L. Lozada
President / AMO

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