8th December, 2009

The Chief Registrar,

National Industrial Court,
31, Lugard Avenue,
Ikoyi – Lagos.

Dear Ma,

PROPOSAL FOR SUPPLY AND INSTALLATION OF COMMUNICATIONS /

STENOGRAPHIC COURT REPORTING AND DATA STORAGE EQUIPMENT

We write to propose to you the most efficient and powerful court reporting machines in
the world today – STENOGRAPH.
The model we propose here is ELAN MIRA A3.

FEATURES:
- It records and stores court proceedings automatically.
- It reproduces recorded proceedings whenever it is needed.
- It produces hard copy of recorded proceedings instantly or whenever required.
- Reference can be made to the recorded speeches during hearings.
- It can accept witness contribution from a remote location via the net.
- Its database make recorded files last for decades.

COST ANALYSIS;

ITEMS QTY UNIT PRICE TOTAL PRICE

1 Hardware (ELAN MIRA A3) 8 # 14,460,000.00 # 115,680,000.00
2 Software (CASE CATALYST) 8 # 11,750,000.00 # 94,000,000.00
TOTAL # 209,680,000.00

Cost of installing eight locations = #209,680,000.00 (two hundred and nine million, six
hundred and eighty thousand naira only)

Cost of installing one location = # 26,210,000.00 (twenty six million, two hundred and
ten thousand naira only)

Waiting for your approval.

Yours truly,
For; BUTOLAB VENTURES NIG LTD

A. I. OSADARE
EDP