GOLDEN CRAFT House,Inc.

November 20, 2012

Publishing

1160-B G. M. Tolentino Street, Sampaloc, Manila Tel: 736-8035 / Telefax 733-6576

SUBJECT: LETTER OF INTENT To Daisy Cunanan: Our company is very much interested in offering our services by way of printing your packaging materials. We are in this business for almost 20 years and I am confident that because of our vast experience, I believe we can be of good service to you. Our present customers are NE Bakeshop, Ramos Bakeshop, Consuelos Bakeshop and Salad Bar, Megamelt Bakeshop and MG Prime Pharmaceutical, Inc. to name a few. Attached is our company profile and should you be interested in our services you may contact us in the above-stated address and contact number. Thank you very much and we are looking forward dealing with your company. Very truly yours,

JOHN BENMARK C. ANDRADE & BUTCH O. ARCILLA

GOLDEN CRAFT Publishing House, Inc.

1160-B G.M. Tolentino Street, Sampaloc, Manila

COMPANY PROFILE:
Year 1994 when GOLDENCRAFT PRINTING PRESS was organized under Philippine Laws, duly registered with the Bureau of Domestic Trade on March 24, 1994 with DTI Certificate No.94-019406. The office is located at the Ground Floor of the Medical Society Building, 566-A M. de la Fuente Street, Sampaloc, Manila.. It started with a vertical press machine, a Minerva, a 45 semi-automatic cutter, and a vintage typesetting machine. Accepted printing jobs for office forms and the like since the equipment is only limited to this type of jobs. To augment company expenses, the company started looking for customers with packaging requirements of their products, to name a few, medical & drug companies, bakeshops, and companies that require calendars for Christmas giveaways. The company was lucky enough to get about five customers and was given the full confidence of printing their requirements. Ms. Marita C. Andrade, the pillar of GPP acted as a jobber, meaning the printing process from lay-outing to finishing is being done by other printing press with offset machine. Because of her determination in the business of printing, she decided to acquire an AGFA Repromaster Camera Size 20 x 24, started accepting stripping job & camera work from other jobber and printing press which does not have the facilities. The company took the services of a full-time stripper and at the same time acquired a contact/vacuum equipment which can handle small camera enlargement job. This was on June of 1997. Plans of expanding the business was very much considered and it was in this particular time the company took the opportunity and acquired a complete brand new set of computer to handle lay-outing and artwork together with a Laser black & white, and a ink-jet colored printer. In July 1998, followed the acquisition of a ROLAND PARVA one color Offset Printing Machine, Size: 24 x 36, followed by a Japanese ITO Diecutting and Creasing Machine Size: 30 x 40, together with a Nu-Arc Platemaker. Apparently these are the fruits of hard labor of the people behind and the dynamic leadership of Ms. Andrade, coupled with the trust and confidence given to the company by customers by way of their patronage. Ms. Andrade who was very much inspired in the development of her business decided to quit as Chief Accountant of Blackgold

Petroleum Products, Inc. whom she served for 18 years to pursue her vision. Presently the company operates on a two-shift operation.

Among its existing valued customers includes the following: NE BAKESHOP, NE Catering Services (San Juan), Megamelt Bakeshop, makers of the worlds famous Muhlach Ensaymada, Festival Cakes, Arlees Breadhouse, Inc., Dermskin Pharmacy, MG Prime Pharmaceutical, Inc. Sevilla Sweets, Perfect Ending Cakes, Wazzo Water, Island Pure Water, Milagros de Leon Boutique, Agua Muhlach and Asian Eyes, Inc., Consuelos Bakeshop and Salad House, PYO International and Ramos Bakeshop. With the plans to go bigger coverage the company decided to incorporate and applied with the Securities & Exchange Commission under the name and style of GOLDENCRAFT PUBLISHING HOUSE INC. and was issued SEC Reg. No. A199905578 dated May 7, 1999 with authorized Capital Stock of TWO MILLION PESOS (Php 2,000,000.00). Because of steady growth, the company transferred to a new venue which is located at the Ground Floor of Acewin Bldg., 1160-G. M. Tolentino Street (formerly Catalua) Sampaloc, Manila. Year 2002, the company acquired additional One (1) color Roland Parva offset printing machine, and leased another space located at 1200 Andalucia Street, Sampaloc, Manila to accommodate die-cutting operation, gluing and storage facilities to sustain the volume of projects the company has and with the expectation of increasing business from its present and future customers despite poor business atmosphere. Last 2006 a semi-automatic gold stamping machine and last 2010 a plastic and matte lamination machine was added to its list of equipment. Our Major Suppliers includes the following: Golden Dragon Industrial Corporation Lamco Paper Products, Inc. NAPPCO Paper Products SYSCO Paper Corporation R. G. Nicolas, Inc. Dicmark Chemicals, Inc. Centronet Lamination Services GVJ Lamination Services Manila Lamination Toyo International Inc.

Our Depository Bank: Planters Development Bank Tomas Morato Branch Metrobank Zurbaran Branch

Company Officers: Pres. & General Manager Ms. Marita C. Andrade Vice Pres. Finance/Treasurer Mr. Butch O. Arcilla Vice Pres. Administration Ms. Ann Rhiamar C. Andrade Corporate Secretary Ms. Lolita Y. Arcilla Ms. Lina P. Almadin Chief Accountant Norwel Labog External Auditor

Our Contact Numbers: Tel Nos. 736-8035 / Telefax: 733-6576 / 0922-8224199/09175692808