To : Thaco Silo Board members Subject: Location for the first site. Date: 4.6.2015 Dear All In our search for the location first site (50 acers or multiple), Kindly bea dvised the following

1- We asked Mr. Diab to source location site from private sector/ persons or else on the bases of buying a REGISTERED land. His feed back indicated the average price is about LE 90-120 K per acer and for land that is some how quite far from the main roads and not necessary have electicity

2- We met the Governor and staff at Sharkia three times including two visits to about five locations at Hussynia. Please note that this year Sharkia produce more than 1.25 M tons of wheat and store about 900 K tons in silos, open fileds and developed sites !!.

3- In the first visit we were shown two sites, - one is 120 acer , on road, with electiity and invicinty to vertical silo of capacity of 60

K tons. (needs a lot of work for re leveling) - Second , about 167 acers, on road with electicity, and need leveling as well.

The governor (for a reason or another) appricate these two spots very much and interested to have PPP with us for any of the above (20 % shares!!) based on the land value and his facilitation for all needed licenses !!. I replied, I have to show my partners another option including the long lease (25-50 years).

4- I was shown three spots (based on the long lease option and NOT the PPP). In my evaluation any of them is suitable. All are on main roads, with electricity supplies and to my evaluation , their leveling might be easier. They need to increase the level of land by about 30- 50 cm. IN my evaluation , if we need to have just a start, then the 40 acers might be the spot of choice.

5- If it is my choice and we have the agreement of spot b (photos hereunder showing the 200 acer spot, but this needs fast action and further arrangement to make sure it will not go to other use like the innovation village)

6- After we make our mind which piece we are interested in, then they will fix a committee for the long lease agreement.

First Visit First site, 130 acers (actually they are only 120 acers)

Second site 167 acers (photos and

Second vist Photos for the extra three spots based on long lease Photo for the 40 Acer piece of land. This needs to increase the land level by half meter to be like the surrounding cultivated lands Electricity is availble

The road beside the 40 acer piece which is about 1500 meter from the main road and the other 200 acers land

Land beside the 40 acer

b- The 200 acers piece of land

c- third piece of land (100 out of 260 – 300 Acers) on main road as well with supply of electricity