BioStem Technologies Inc. (BSEM)

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MICROSOFT BING TRANSLATION:

Distinguished gentlemen:

Politely ceded, LA HIPICA National Commission, governing body of the sport hipico in the country, with its domicile in the Hipica Avenue without number INVI-DOREX project, in the kilometer 14, Las Americas Highway town of Santo Domingo Este, Santo Domingo province duly represented by its President, Bachelor Bienvenido e. Rodriguez, Dominican Republic, older age, lawyer, Bachelor Party, bearer of the card of identity and Electoral No.001-1128204-2, domiciled and resident in this city.

In relation to his communication dated 05 April 2011, on his proposal for the leasing of the Hipodromo V Centenario, this Commission wishes to inform you, that at the moment this agency is to make an uprising of all assets and liabilities of the Hipodromo V Centenario, without which we could not assess the possibility of a tendering publishes of the referred Racecourse.

Once lifted the information in place and in case that the Dominican State understands the lease of the Hipodromo V Centenario prudent, in tendering published, we will inform you them for the purposes of participation under the conditions they are established in the matter.-