Certificate of Completion

Lot 11 & 12, Con 4 & 5, Marter Township

Construct Small Hydro Development

Date substantially performed:

2003-02-28

Date certificate signed:

2003-03-12

Name of Owner

Canadian Renewable Energy Corporation

Address of Owner

2395 Speakman Drive, Mississauga, ON L5K 1B3

Name of Contractor

Wabi Development Corporation

Address of Contractor

PO Box 2522 Hwy 11 North, New Liskeard, ON P0J 1P0

Name of Certifier

Acres International Limited

Address of Certifier

4342 Queen Street, PO Box 1001, Niagara Falls, ON L2E 6W1

Lot 11 & 12, Con 4, Lot 11 Con 5 Marter Township