DRAFT LEASE

Scope and Content

1. Williams Deacon's Bank Ltd., registered office City of London.

2. Benjamin Tonge of The Whitehall Hotel, Rhos-on-Sea, cafe proprietor and Nellie Tonge his wife.

re premises forming a portion of Williams Deacon's Bank Building, Lancaster Square, Conway, for 15 years at a rent of £80 p.a. for the first 3 years, £100 p.a. for the next 2, £120 p.a. for the following 2 and £140 p.a. for each remaining year.