REQUEST FOR FEE QUOTATION - PRIVATE & CONFIDENTIAL 1.0 INTRODUCTION FGV has plans to invest in Indonesia for the long term. They have already set up office in Jakarta. Therefore, Raine & Horne, wish to support FGV in their growth plans in Indonesia and ride on its success. Eventhough there was some delay in the acquisition of Rajawali, we believe in the growth FGV as we believe FGV will be committed to its team of consultants. 2.0 TERMS OF REFERENCE - NEW JOB IN NORTH SULAWESI FGV is buying eight (8) PTs in North Sulawesi, Regency of Bolaang Mondogow with total area of 70,000 ha. These are greenfield land - undeveloped. Potential plantable area identified for the Nucleus program is 13,251 ha. FGV wants to do a Valuation of the eight (8) PTs to determine the Market Value. 3.0 SCOPE OF WORKS 1. Joint site Inspection & taking of photographs 2. Compiling data on rainfall, terrain data, soil data. 2. Compiling the market data on sales comparables/asking prices 3. Adjustment on sales comparables/asking prices 4. Recommendation of Market Value and any issues affecting the viability of oil palm plantation in the locations. 6. Submission of Valuation Reports to be jointly signed by the Malaysian and Indonesian Valuers. 7. Reports shall be in English only. 8. Basis of Valuation shall be the Market Value. 9. Format of report to comply with 'Asset Valuation Guidelines' as issued by Securities Commission Malaysia. Raine & Horne will assist on the report format. AMDAL (Environmental Impact Assessment) report will be provided by FGV. The valuation team will be supported by FGV Land Management Unit for land survey reporting. Raine & Horne will assist the Indonesian valuer to complete the Valuation Report in an acceptable format. Printing and binding of reports will be carried out in Malaysia.