Friday, April 13, 2007

Blake.T.Ostler

Blake.T.Ostler

Attention PT. Wahana ( Mr. Abby Sukarno ) and Multijaya ( attn: Fachrial )

This firm has been retained by Dressel Investment limited, BVI ("Dressel") to represent its interest related to ongoing breaches of the respective Agency Agreements that you have entered with Dressel. I am informed by my client Dressel that you have breached the Agency Agreement by failing to provide the weekly reports showing client investments and withdrawals and to remit new investments on a weekly basis as required under paragraph 7 of the Agency Agreement. The receipt of this information and the remission of the client investments to Dressel are crucial. Please be advised that if you failed to provide the information and funds required by the Agency Agreement within five ( 5 ) days, my client will seek legal recourse.

In addition, Dressel demands that you provide the following: (1) An accounting of all funds recieved by you from Dressel investors from the inception of the Agency Agreement to the present; (2) accounting of all funds presently in your possession derived in any manner from Dressel investors; (3) an accounting of all funds that you have recieved from the Dressel investors since October 2006 when you last provided a weekly report of the funds you recieved; (4) an accounting of all funds allocated to overhead or other expenses incurred by you from Dressel or it's investors; (5) the names of all Dressel investors, the date of invesment, return on investment and amounts paid to any investors of Dressel by you.

Demand is hereby maade upon you to immidiately remit to Dressel all funds in your possesion from Dressel or it's investors.Your failure to timely remit these funds and to account to Dressel as required by the Agency Agreement has caused Dressel damages and if you fail to comply, Dressel will seek legal recourse to protect it's interest.




BLAKE.T.OSTLER

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