Commercial Licence

Free State of Prussia
Comm. Country Government

Prussian State Ministry
for Trade and Industry

Sealand Warenhandels- und
Vertriebsgesellschaft mbH & Co. KG
Herrn Johannes W. F. Seiger
Ahrensdorfer Straße 7
Trebbin/Löwendorf
(Prussian Province Brandenburg)

Berlin, July 22, 1999

Commercial Licence

Good day, dear Mr. Seiger

We herewith and according to the legal stipulations of the trade regulations of the German Reich from the year 1900 in force in the Free State of Prussia grant your corporation

Sealand Warenhandels- und Vertriebsgesellschaft mbH & Co. KG

the licence to engage on the property at
Ahrensdorfer Straße 7, Trebbin/Löwendorf, Landkreis Luckenwalde

in

national and international trade with goods of all kinds, estate agency

as of the date of application, July 8, 1999.

The administrative charges of DM 20.– have been paid.

With our best regards

State Minister for
Trade and Industry
in the Free State of Prussia