DEMAND FOR PAYMENT OF DEBT

Ikenna & CO.

{GLORY CHAMBER)

Address: Plot B2 Maple Way, Victoria Island, Lagos

Phone No: 0800 000 0000

E:mail: info@lawchambers.example Website: www.lawchambers.example

Our Ref: DPD/05/15 Your Ref______________

20th September, 2015.

The Managing Director,

Bonga Nigeria Plc,

No 1 Cedar Street, Maitama, Abuja.

Dear Sir,

DEMAND FOR PAYMENT OF DEBT

We as Solicitors, on behalf of UBA Plc of No 1 Meridian Street, Garki-Abuja hereby give you notice to pay us the sum of N5billion (N5,000,000,000) being the principal sum you are owing UBA Plc under a Debenture dated 1st of August 2005 and all the interest due amounting to the sum of N5million.

TAKE NOTICE that if the said sum of N5billion and N5million comprising the principal sum and the interest due is not paid before the expiration of the month from the date of receipt of this demand letter, we shall proceed on behalf of UBA Plc to enforce all or any of the remedies available under the terms of the said debenture.

Yours faithfully,

ADEBAYO OKONKWO Esq.

Principal Partner

Ikenna & Co.