3.4. Dem ins Recht gereichten LOU vom 10. Dezember 2010 ist der folgende
Text zu entnehmen (act. 3/4 S. 13):

"Letetr of Untertaking

Dated 10.12.2010

Further to a Joint Venture Agreement signed on 10.12.2010 between
B._____ Limited and A._____ Ltd. (hereinafter the "JV Agreement") the respective beneficial owners of the Parties to the JV Agreement (all terms
used in this letter of undertaking are as defined in the JV Agreement) wish to
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personally undertake certain commitments including in the JV Agreement as
follows: