We hereby acknowledge receipt of cashier cheque payable to Department of Business Development “กรมพัฒนาธุรกิจการค้า” in the amount of Baht 55,100 .- (Fifty Five Thousand and One Hundred Baht only) and cash in the amount of Baht 2,310.- (Two Thousand Three Hundred and Ten Baht only) representing the payment of the official fee for Memorandum of Association and Incorporation of TS RUBBER DEVELOPMENT CO., LTD. on 17th September 2012