February 10, 2016

The Managing Director

Deen Jacobs Limited
Suite B325, 3rd Floor
Ikeja Shopping Plaza
81, Bank Anthony Way
Ikeja Lagos.

Dear Sir,

RE: CONTRACT FOR PROPOSED DEVELOMENT AT LEKKI(BLOC 4 PLOT

59,LEKKI PHASE 1,ETI OSA LGA)

SUBMISSION OF INSURANCE BOND

Please find attached, INSURANCE BOND POLICY No. GAPB/00435/15/LKK &

GAPB/00509/16/LKK from GODLINK INSURANCE Plc. For the sum N3, 710, 00.00
(Three Million, Seven Hundred and Ten Thousand Naira Only) representing 70%
Advance payment on the above named project.

Consequently, kindly find our account details below:

Bank: Diamond Bank Plc.

Account Name: Multipro Aluminium City Limited
Account Number: 0018365675
Sort Code: 063150997
OR

Bank: GTBank Plc.

Account Name: Multipro Aluminium City Limited
Account Number: 0007550660

Thank you for your usual co-operation.

Yours faithfully,
For: MULTIPRO ALUMINIUM CITY LIMITED

Gbemi Adegbenle ‘YINKA OMIYALE

Estimator MD/CEO