AMENDMENT TO VAT & NBT ACTS WILL NOT LIABLE TO US

16^thJanuary, 2009

The Accountant

XXXXX Shoe Company of Ceylon Ltd

122, Gen. Sir John Kotelawala Road

Ratmalana

AMENDMENT TO VAT & NBT ACTS

Dear Madam

We refer your Letter dated 10^th January 2010 and kindly inform you that the recent amendment to the threshold of registration to VAT will not affect to our corporation.  Therefore we are still liable to pay VAT & NBT to Department Of Inland Revenue.

Further, herewith attached the copy of Certificate of VAT Registration and please note that we are unable to send Tax Invoices at the beginning of the Month

Thank You.

Yours Faithfully

XXXXXXX XXXXX MANAGEMENT CORPORATION

…………………

K R P S Kumara

ACCOUNTANT