1. As Shinko Stainless (Thailand) Co., Ltd. has a capital deficiency of Baht 4.66 Million and its current liabilities exceed its current assets by Baht 2.66 These matters indicate the existence of a material uncertainty that may cast significant doubt about the Company’s ability to continue as a going concern. Therefore, we shall request to have letter of comfort from Shinko Co., Ltd, major shareholder and major creditors. I submit herewith draft of the letter of comfort for your information, kindly print on Shinko Co., Ltd letterhead, signed by authorized person