23 July 2008 GUARDS INVESTIGATION & PROTECTION SERVICES, INC.

ABS Building Dapitan Street Sampalok, Manila Attention: Mr. Mike Tan Chairman ----------------------------Unpaid Accounts ---------------------

Re:

Gentlemen: We write on behalf of our client, Pier Security Agency (the Corporation), in connection with the security services rendered by the Corporation to Guards Investigation & Protection Services, Inc., including the assignment of canines and dog handlers (the Services). For the Services, you agreed to pay the amount of Thirty Thousand Pesos (P30,000.00) on the fifteenth (15th) and the end of every month. From 31 December 2007 up to 31 May 2008, you have not complied with the foregoing obligation, as evidenced by Service Invoice Nos. 6568, 6570, 6579, 6580, 6582, 6585, 6591, 3, 8, 11, 12, despite repeated demands by the Corporation. In addition to the foregoing, you have an outstanding account in the amount of Three Thousand Seven Hundred Pesos (P3,700.00) as of 23 November 2007, as evidenced by Service Invoice No. 6559. Final demand is hereby made upon you to pay your outstanding obligations to the Corporation in the total amount of THREE HUNDRED THIRTY-THREE THOUSAND SEVEN HUNDRED PESOS (P333,700.00), representing your unpaid accounts as of 31 May 2008.

Should you fail to comply with this demand within ten (10) days from receipt of this letter, we shall be constrained to file all appropriate complaints against you to protect the Corporations interests. We shall hold you liable, in case of suit, for interest, damages, attorneys fees and other charges as may be incurred. Please give this matter your immediate and preferential attention. We trust you will see your way clear towards the prompt and amicable settlement of our clients plainly valid demands in order for you to avoid the inconvenience, expenses and embarrassment of litigation. Very truly yours, MANCENIDO & ASSOCIATES By: UELLA VIDA V. MANCENIDO cc: Raphy Espiritu Pier Security Agency