Letter of Proposal

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20 January 2014 The Executive Secretary, Petroleum Equalization Fund (Management) Board, Plot 622 Ambassadorial Conclave, Central Business District, Abuja. Attn: Mrs. A. S Kasali. Dear Sir, PROPOSAL FOR HOUSING DEVELOPMENT FOR STAFF OF PETROLEUM EQUALIZATION FUND (PEF) Myloid Systems Limited is multi-dimensional company with expertise in Real Estate Development, Project Financing, Management and Consultancy Services. Till date, our company has kept a progressive track record of development in the various projects embarked upon. MSL has an array of Human Resources/project management team, with over 20 years cumulative experience in project implementation and provision of top notch service to our clients. We also have a network of foreign technical partners in Europe, America, Asia and the Middle East, with whom we finance and develop projects. One of which include Zhuhai Singyes Technology Ltd, a Chinese Engineering Company operating in Nigeria with strong asset and financial base. Singyes presently maintain a credible and long standing working relationship with Agric Bank China, which is one of the five largest companies in the world. Also, Build Direct Construction. Myloid Systems Ltd (MSL) is pleased to submit our proposal for the Housing and Development for Staff of Petroleum Equalization Fund In view of this, we seek the commission indulgence to develop the houses for PEF staff; MSL has access to land, while also sourcing the fund through our offshore funding window for the project and mortgage facilities to beneficiaries. We could also be involved in sourcing of private land for such purposes. We are currently undertaking housing project development for the Nigerian Prison Service (NPS), NNPC Corporative in Abuja and NNPC Corporative in Lagos, having reached an advanced stage of the plan. Our team will be readily available to make

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