Certificate of Completion

Perth County,

Town of North Perth,

Town of North Perth,

Water, Storm and Sanitary Servicing and Roadworks.

Date substantially performed:

2002-10-09

Date certificate signed:

2002-11-15

Name of Owner

Nichol Properties Inc.

Address of Owner

3950 - 14th Avenue, Suite 309, Markham, Ont. L3R 0A9.

Name of Contractor

Hanna & Hamilton Construction Co. Ltd.

Address of Contractor

295 Tremaine Ave. S., Box 187, Listowel, ON N4W 3H2

Name of Certifier

R.J. Burnside & Associates Limited.

Address of Certifier

15 Townline, Orangeville, Ont. L9W 3R4.

PIN 530270-0618 Lots 31 and 32, Concession 1, Town of North Perth, County of Perth.