1600 Steeles Avenue West Suite 228 Concord, Ontario, Canada L4K 4M2 SKYPE: UNITRUST CAPITAL CORP.

PAUL Phone: +1 905 660 4044 Ext. 229 Fax: +1 905 660 0946 Email: info@unitrustcapital.com WWW: www.unitrustcapital.com

PANAMA AGED COMPANY LIST R AS OF MARCH 13TH, 2012

Total, US$ with Clients own Directors and Shareholders Total, US$ with Clients own Shareholders Nominee Director & Power of Attorney with Apostille* $4,150 Three nominee directors are included* Total, US$ with Nominee Director & Nominee Shareholder, Power of Attorney with Apostille** $4,825 Three nominee directors and one nominee shareholder are included* Next Renewa l Deadlin e

Company Name

Jurisdic tion & Compan y Type

Incorpor ation Date

Reserv ation Info/ Notes

1.

INQUIRY CONSULT CORP.

Panama Corporati on

11-Aug-10

Three nominee directors are already included*

11-Jul13

A*, Reserv ed until 16 Nov 2011

LEGEND A - Apostille is included S seal is included R - RESERVED

GENERAL NOTES FOR AGED COMPANIES

Apostilled set of corporate documents is included into the above price To place an order for an aged company please complete the relevant Order Form and send it to us by email. We will be happy to supply you with the forms upon request. Courier delivery costs are extra to the quoted price When included into the order the nominee Director (private individual) is provided starting from the incorporation date, renewable Power of Attorney with Apostille till next renewal of the company in the year 2012 When included into the order the optional nominee Director (private individual) & Nominee Shareholder (same private individual), are both provided starting from the incorporation date; the Power of Attorney legalized with Apostille covers the period till next renewal of the company in the year 2012 If you are not purchasing optional nominee services, then you would have to provide directors and shareholders starting from the incorporation date. Each set includes Apostille on a set of copies of the principal corporate documents All companies have never traded All companies are in good standing with the Registrar of their jurisdiction of incorporation Annual Fees for the year 2011 are included into the Purchase Price Annual Fees in the year 2012, etc. will be based on our standard fees *Three nominee members of the Board of Governors and general power of attorney with Apostille are included into aged Panama private foundations sets
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PANAMA CORPORATION WITH THE CERTIFICATE OF INCORPORATION (CERTIFICA CON VISTA A SOLICITUD) DOCUMENTS, SERVICES & FEES STRUCTURE
Certificate of Incorporation (Certifica con Vista a Solicitud) certified by Registro Pblico de Panam
(Registry) Notarial Certificate of the Constitution Deed (Escritura Pblica por el Certificado de Constitucin) in Spanish certified by Registro Pblico de Panam (Registry) and Apostille* Translation of the Constitution Deed into English with the signature of the translator attested by Ministry of Justice and Apostille Minutes of a Meeting of the Board of Directors (re: appointment of first Directors, share allotment and transfer) Three Blank Letters of Resignation, one for each of the three first Directors Two Subscription Transfers for one share back to the Corporation for each of the two first Subscribers (Shareholders) Blank Share Certificate for One Hundred Shares, US$100 ea. signed by two nominee directors/officers.
Note. The authorized capital is US$10,000 divided by 100 Shares with a value US$100 each.

Three nominee directors Power of Attorney in English legalized with Apostille (one year, renewable) Government Annual Franchise Tax (Tasa Unica Annual) (US$250)
Note. The government receipt is included

RO/RA (Registered Office/Registered Agent) till next anniversary of the incorporation in the year
2013
*The Notarial Certificate of the Constitution Deed can also be referred in English as Articles of Incorporation. The customer may need a set with the Certificate of Incorporation, however in some cases he/she can do without it. E.g. while some banks do require this document for the accounts opening, some dont. **Inclusive the government receipt ***Certificate of Incorporation with Apostille and translation into English can be ordered subsequently for the additional fee of US$255.

PANAMA AGED PRIVATE FOUNDATION DOCUMENTS, SERVICES & FEES STRUCTURE

Government incorporation fee Government franchise tax for the years 2006, 2007, 2008, 2009, and 2010 Extract from the Public Registry in Spanish with a certified translation into English attached, both legalized by Apostille RO/RA Constitution Deed (Acta de Constitucin) in English and in Spanish, both legalized by Apostille Blank Letter of Resignation of the Board of Governors Three nominee members of the Board of Governors Power of Attorney with Apostille (unlimited) Beneficial Certificate

ANNUAL RENEWAL FEES*: Government Franchise Tax: US$300 RO/RA: US$500 Three nominee members of the Board of Governors: US$390 _________________________________ GRAND TOTAL RENEWAL FEES: US$1,190* *To be paid starting from the year 2013. The deadline is a month before the anniversary of incorporation.

GENERAL DISCLAIMER
All above quoted annual fees are relevant to the current level thereof, and they may subject to change in the future due to new regulations, laws, and economic environment.