THIS AGREEMENT made the 2nd day of June, One thousand nine hundred and ninety-nine
ASTORIA INVESTMENT COMPANY LIMITED whose registered office is situate at Room 2703, Wing On
House, 71 Des Voeux Road, Central, Hong Kong (hereinafter called "the Landlord") of the one part and
ROAD CHAMPS LIMITED whose registered office is situate at Units 1008-9, 10/F., Peninsula Centre, 67
Mody Road, Tsimshatsui East, Kowloon, Hong Kong (hereinafter Called "the Tenant") of the other part.
WHEREBY IT IS AGREED by and between the parties hereto as follows: -
1. The Landlord hereby lets to the Tenant and the Tenant takes from the Landlord the premises known as Unit
1015 on 10th Floor, Peninsula Centre, No. 67 Mody Road, Kowloon, Hong Kong (hereinafter called "the said
premises") Together with the right in common with the Landlord and others having the like right to use go pass
and repass up down over and upon the common parts including inter alia entrance passages halls staircases and
lifts so far as the same are necessary for the proper enjoyment of the said premises subject to the term and
conditions hereinafter contained TO HOLD the same unto the Tenant for the term of TWO YEARS commencing
from the 15th day of June 1999 and expiring on the 14th day of June 2001 at a rent of HONG KONG
DOLLARS THIRTY EIGHT THOUSAND NINE HUNDRED AND TWENTY ONLY (HK $38,920.00)
Hong Kong Currency per calendar month payable in advance on the 1st day of each and every calendar month
without deduction Provided Further that the last of such payment shall be made pro-rate according to the number
of days then unexpired in the month on which such payment is made.
2. It is hereby agreed and declared that the said premises are let for the use of an office by the Tenant only.
3. The tenant hereby agrees with the Landlord as follows: -
(a) To pay the said rent at the times and in the manner aforesaid.
(b) To pay and discharge all rates taxes assessments duties charges impositions and other outgoings now or at