Stat No: 31007 11 2011 0 10344 Quotation

NIF No: 1000321011

RCS No: 2011 B 00337
Tel: +261 33 37 280 13 Document No: QUOT150185
Email: chris@qteinstall.com Date: 18/11/16
Quality Transmission Equipment (MG) Ltd Page: 1
143, Route Circulaire Ankorahotra Currency MGA
Antananarivo 101
Madagascar

Customer:
MADAGASCAR TOWERS S.A.
Explorer Park Ankorondrano BP 7620
Antananarivo 101
Madagascar

Account Reference Tax Exempt Project Name VAT Incl / Excl

Supply and install 02 commutator waterproof 3phases at Ambovombe and
TWCMGA No Fort Dauphin. And replace the genset canopy rusty at Fort Dauphin by the Incl
not used at Ambovombe

Ambovombe
1 Supply and installation of the commutators 3phases 1,00 fft 986 300 986 300
2 Supply all accessories and cables needed about the installation (between the 1,00 fft 242 125 242 125
grid meter, genset, equipments and commutator)
3 Ensure the transportation and replacement of the genset canopy 1,00 fft 3 865 000 3 865 000

Fort Dauphin
4 Supply and installation of the commutators 3phases 1,00 fft 1 035 615 1 035 615
5 Supply all accessories and cables needed about the installation (between the 1,00 fft 254 231 254 231
grid meter, genset, equipments and commutator)
6 Ensure the transportation and replacement of the genset canopy 1,00 fft 4 058 250 4 058 250

Payment Terms: 60 days after invoice

Total Amount (Ex VAT) 10 441 521,25

* Total Amount is exclusive VAT
Discount 0,0%

Total Amount (after discount) 10 441 521,25

Vat (20%) 2 088 304,25

Banking Details:
Bank: BOA Madagascar Total Amount (Incl. VAT) 12 529 825,50
Address: Antaninarenina Agence A
Account Name: Quality Transmission Equipment Madagascar S.A
Currency: MGA
Account Number: 00009 05000 15787970015 12

For: Quality Transmission Equipment Madagascar S.A

Authorised Signatory