LETTER OF ACCEPTANCE BY THE COMPANY TO AN UNDERWRITER

M/s . …………………..

…………………………

…………………………

Dear Sir,

Sub: Underwriting of……… shares offered by A B Co Ltd for public subscription

Please refer to your letter dated……………..on the captioned subject

2. We admit you as an underwriter of……………..ordinary shares in our company at a commission at the rate of ……………..%, upon the terms and conditions laid down in your    said letter.
3. The draft of the prospectus to be delivered to the Registrar of Companies . …………….. is enclosed. The shares shall be offered for subscription by the public on the…………….. day of……………..20……………..on the terms of the prospectus.

                                                                                                            Yours faithfully,

                                                                                                            For A B Co Ltd,

                                                                                                            Secretary

Encl: As above