ABN AMRO Capital USA LLC 100 Park Avenue 17th Floor New York NY 10017, USA

1

Definitions

1.1

All terms and expressions used in this Letter shall have the same meaning given to them in the Loan Agreement or the Waiver Letter (as defined in clause ‎2 of this Letter) unless expressly defined in this Letter or the context otherwise requires.

1.2

This Letter is designated as a Finance Document.

2

Request

2.1

the Loan Agreement and to our letter to you dated 19 August 2016 (the "Waiver Letter") consenting to a temporary waiver of compliance with the financial covenants contained in clause 12.2.2(b) (Financial covenants) of the Loan Agreement and clause 6.8(b) (Undertakings) of the Guarantees, for the period commencing on 30 June 2016 through and including 11:59 p.m. (New York City time) on 15 October 2016; and

2.2

your request for an extension of the Termination Event contained in paragraph 4.1(e)(i) (Termination of Waiver) of the Waiver Letter, in relation to Sinosure providing its confirmation to the Notification Letter in a form satisfactory to the Sinosure Agent, from 9 September 2016 (being the current expiry date) through and including 11:59 p.m. (New York City time) on 16 September 2016 (the "Request").

3

Conditions and Amendment

3.1

We hereby agree to the Request, subject to the Borrower delivering to us a copy of this Letter duly acknowledged by the Borrower and each of the Security Parties.

3.2

With effect from the date hereof, paragraph 4.1(e) of the Waiver Letter shall be deleted in its entirety and replaced by the following:

(i)

through and including 11:59 p.m. (New York City time) on 16 September 2016, if Sinosure has not provided its confirmation to the Notification Letter in a form satisfactory to the Sinosure Agent; and

(ii)

the date on which Sinosure gives written notice to the Sinosure Agent that it does not approve the Notification Letter; or".

4

Counterparts and Applicable Law

4.1

This Letter may be executed in any number of counterparts, and this has the same effect as if the signatures on the counterparts were on a single copy of this Letter.

4.2

This Letter and any non-contractual obligations arising out of or in connection with it shall be governed by and construed in accordance with English law.