Legal Opinion in respect of the 8th AGM of the Bank on i) Reconstruction of the Board of Directors, ii) Retirement of Directors, iii) Election of Directors from Group – B Shareholders.

Mr. Z

Address….

Dear Sir,

RE:     Legal Opinion in respect of the 8th AGM of the Bank on

i) Reconstruction of the Board of Directors,

ii) Retirement of Directors,

iii) Election of Directors from Group – B Shareholders.

We refer to your letter no. ………………. dated March 22, 2007 on the above subject.

In order for us to prepare our legal opinion you need to provide us with an up-to-date Tenure Chart of Directors. The Provided Tenure chart is only up to the 5th AGM held on 09.06.2004. Please provide the Tenure Chart up to the 7th AGM.

Kindly provide us with the above information as soon as possible. We will finalise our opinion, after receiving the said information.

Thanking you.

Yours faithfully,

………………….

For: “The Lawyers & Jurists”