Our Ref Date To

: ....................... : .......................... : ............................ ............................

Dear Sir/Madam, BANKERS GUARANTEE

A. In consideration of the Contract dated.............. made between ............. having registered

office at ............................. for ........................ and yourself, we Cambodian Public Bank Plc, Phnom Penh Main Branch having address at No.23, Street 114 (Vithei Kramounsar) Sangkat Phsar Thmey II, Khan Daun Penh, Phnom Penh, Cambodia (hereinafter called the Bank ) hereby guarantee the sum of UNITED STATES DOLLAR................. (USD.................) by way of a security deposit required for their due performance of the said contract. 2 In any event the Bank's liability under this guarantee is limited to the sum of UNITED STATES DOLLAR................... (USD................).

3. This Guarantee is effective from ............... to ................... (both dates inclusive) or further extended at our absolute discretion to the actual completion date of the project provided the Bank must be duly notified by you or your authorized representative in writing and confirmed by ............. 4. The said sum shall become payable by the Bank in the event of ................... fails to perform the said contract or commit any breach of their obligations thereunder and upon the receipt of the demand by the Bank in writing. 5. It is conditional that all demands must be received by the Bank within twelve (12) days from the expiry date failing which the Bank will not be liable. 6. The Bank's liabilities under this Guarantee shall cease upon the expiry of the relevant date as determined by clause 3 above. 7. This Guarantee shall be governed and construed by Laws of Cambodia. 8. This Guarantee must be returned to us upon its expiry. Yours truly for CAMBODIAN PUBLIC BANK PLC Phnom Penh Main Branch

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