Morepen Laboratories Ltd
Unpaid Company Matured FDRs Total Amt Rs 96000.00 - Srivastava & Family

COPY OF LETTER SENT TO MOREPEN LABS, H.O. at New Delhi on 2 Sept.

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REMINDER I

Address: 50 Chitra Vihar

Delhi 110092, India

Tel: 91 11 42440046 Email:

S.N.Srivastava

B.E., M.I.E.

Date: 2nd Septeber 2008

The Managing Director

M/S Morepen Laboratories Ltd

4th Floor, 416 - 418 Antriksh Bhawan

22 K.G.Marg

New Delhi 110001

Tel. Nos.-011-23324443, 23738688

91 – 9818305894

Re M/s/ Morepen Laboratories Ltd, Non-Payment of Matured FDR Amount Totaling to

RS 96000.00 for Srivastava & Family.

Your ref: MLL;FD;INSTA;2006 Dt 12th Aug

Dear Sir,

This is further to our letters nos. nil dated 2nd Sep 06, 27th Dec06, 7th Sep 07 & 28th Feb o8 regarding payments of Rs 96000.00 against Matured FDR amounts:

Manjula Srivastava A/FDR/DL 2RQ 030000/07-06-02 Rs 30000.00

S N Srivastava A/FDR/Dl 2RQ 02035/35000/22-06-03 Rs 35000.00

S N Srivastava HUF A/FDR/Dl 2RQ 02393/16000/22-6-03 Rs 16000.00

Shruti Srivastava A/FDR/DL 2DX29215/15000/26-12-02 Rs 15000.00

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Total Rs 96000.00

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We have still to see a tangible action as far these old & matured FDR amounts are concerned? Hence this communication to you with a request to see end to our sufferings once in and for all.

We understand that the company has tied up with a foreign bank to pay such investors. But we see no movement on this count.

We await hearing from you on steps taken to release these funds?

Thanking you.

Sd-

S.N.Srivastava

Cc: 1. CERC – vide your letters ref.COM/INFO/375/MRA dt 26-3-08, 2-11-07, 28-7-06,

2. Bajaj Capital thro’ Preet Vihar Branch

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We have been writing to the Company, ROC at Jallandher since 31st Dec till 2 Sept but are unable to realise this outstanding Maured sum till this date. We do not know who else to approach.