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Your Ref:

Our Ref: JF/MJB/ADR/26075CF FILLIN "Your Reference" \d "" \* MERGEFORMAT 18 February 2008Mr I AnwarBeaconhouse Educational Services Limited5 Kensington High StreetLONDONW8 5NPDear ImraanACQUISITION SEARCH ENGAGEMENT LETTERFurther to our recent meeting, I enclose my firms engagement letter reflecting the terms of the acquisition search assignment that we discussed. I would be grateful if you could review the engagement letter, arrange for both copies to be signed on behalf of the Company and then return one copy to me. Once I have received the signed engagement letter back from you, I will send you a suggested scope of due diligence work and a pricing matrix and then contact you to arrange an initial meeting to share information, as discussed.

Kind regards.Yours sincerely

John FoundlingPartnere-mail: [email protected]

Enc


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