M/s . …………………..
…………………………
…………………………

Dear Sir,
Sub: Underwriting of……… shares offered by A B Co Ltd for public subscription

Please refer to your letter dated……………..on the captioned subject

2. We admit you as an underwriter of……………..ordinary shares in our company at a commission at the rate of ……………..%, upon the terms and conditions laid down in your said letter.
3. The draft of the prospectus to be delivered to the Registrar of Companies . …………….. is enclosed. The shares shall be offered for subscription by the public on the…………….. day of……………..20……………..on the terms of the prospectus.

Yours faithfully,
For A B Co Ltd,

Secretary

Encl: As above