5% RETENTION MONEY

M/s xxx Pojects Co.

P.O. Box xxx, Riyadh, K.S.A

Tel : xxx

Fax: xxx

Attention:       Mr. xxx

                        Chief Executive Officer

Cc:                  Eng. xxx

                        Sr. Project Engineer

                        Eng. xxx

                        Project Manager

Project:          xxx Project -KSA      

Subject             :           5% RETENTION MONEY

Dear Sir,

In reference to the Contract of the above project, and the satisfactory completion of our contractual obligation, we request the release of 5% retention money in the amount of SAR 4,272,478.55 equivalent to AED 4,179,916.00 (Four Million One Hundred Seventy Nine Thousand Nine Hundred Sixteen Dirhams Only).

We affirm our request will be given your preferential attention and release the above amount immediately.

Should you require any further information, please do not hesitate to contact the undersigned.

Best Regards,

For: Xxx(Name of the Sub-Contractor) Interiors L.L.C.

xxx

Commercial Manager