Certificate of Completion

City of Toronto

161 Bay Street, 40th and 41st Floors, Toronto, ON

161 Bay Street, 40th and 41st Floors, Toronto, ON

Leasehold improvement alterations

Date substantially performed:

2004-01-20

Date certificate signed:

2004-01-27

Name of Owner

UBS

Address of Owner

161 Bay Street, 41st Floor, Toronto, ON

Name of Contractor

Rae Brothers

Address of Contractor

60 Modern Road Scarborough ON M1R 3B6

Name of Certifier

Willem Berends

Address of Certifier

43 Davies Avenue, Toronto, ON M4M 2A9

161 Bay Street, 41st Floor