From: Mr. Jignesh Chandreshbhai parekh, Mr Chandreshbhai V. Parekh B/28, Suraj society, Lisa Park Subhanpura H.T.

Road, Vadodara. To, The Asstt General Manager, Corporation Bank, Alkapuri Br, National plaza, Vadodara. Dear Sir,

January 20, 2011

RE: CREDIT SANCTION INTIMATION FOR EDUCATION LOAN This is in reference to your credit sanction intimation letter dated 21-11-2011 granting thereby A loan of Rs.9,00,000/- for the purpose of education against deposit of fixed deposit Receipts of Rs.10,00,000/- as a collateral securities. I am very much thankful for granting me the aforesaid loan. However, I am very sorry to inform you that I could not proceed further for higher education at abroad due to my personal reasons. I have therefore drop the idea of availing the education loan, which please note. Under the circumstances, I request you to kindly close the file and arrange to release my Fixed deposit receipts amounting to Rs.10,00,000/- and oblige. I, once again express my sense of gratitude for extending me nice co-operation by your Bank. Thanking you, Sincerely yours,

Applicant (JIGNESH C.PAREKH)

Co-applicant (CHANDRESH V.PAREKH)