To

Mr. James Anderson

General Manager- Finance & Accounts

Joan & John Suppliers Pvt. Ltd

Enrique Building, Spencer Park,

New York, U.S.A

Date: May 1^st, 2012

Sub: promissory note demand letter.

Dear Mr. Anderson,

As per your telephonic discussion with Mr. Mathew Smith- General Manager- Finance & Accounts of our company, we have drafted a promissory demand note after evaluating all the terms & conditions of both the parties. In this promissory demand note, Billbug Sales & Marketing Pvt. Ltd (the maker) will make a total payment of $ 5000 for which the calculated principal amount is $ 4500 and the amount of interest is: $ 500 to Joan & John Suppliers Pvt. Ltd (payee) within a committed duration of 1 month. For more details, kindly find enclosed official terms & conditions approved by the Maker and the Payee.

You are requested to submit your official response on this Promissory Note demand letter.

In case of any query please contact us on 99-383-38383 or at query@billbugcompanies.com

Yours Sincerely,

Anna Hudson

Manager- Accounts

Billbug Sales& Marketing Pvt. Ltd