Taiheyo Golf

Tokyo, 19/01/2015
Taiheiyo Club, Inc.

Dear Sirs,

Following our conversation with Mr. Ugo Orsini, we are writing to you to confirm that we shall be pleased to confer the task to Lanificio F.lli Cerruti S.p.A. in connection with the design of our Corporate Tartan.

We remain at your complete disposal for any further information you may need or clarification you may require.

We very much look forward to working with you.

Kind regards,