Agent Authority & Instructions 18 April 2017 Farnsworth Property Trust Dear Manjinder Kaur, I wish to confirm your appointment as agent representing Farnsworth Property Trust for the purchase of commercial property 110 Burns Street, Bankstown, Sydney, listed for sale by Pashendale Holdings Ltd, website:www.pashendale.weebly.com This purchase will hopefully be one of several under my property trust’s new strategic plan to invest in optimal and high performing assets. I have expressed my interest in 110 Burns Street, Bankstown, Sydney and another alternative comparable property in the area listed for sale by Ducere Pty Ltd at a price of $54 million. I have not made Ducere Pty Ltd an offer at this point because I believe I can negotiate their asking price down by 10% and I am eager to see if you can secure 110 Burns Street, Bankstown, Sydneyeither at this discounted price or for an even better price. Your instructions as my property trust’s agent are to negotiate the purchase of the property with Pashendale Holdings Ltd’s selling agent, ABC I look forward to receiving your report on the successful purchase of 110 Burns Street, Bankstown, Sydney from Pashendale Holdings Ltd. Regards, Mortdecai Farnsworth CEO Farnsworth Property Trust www.farnsworthproperty.weebly.com Facebook: Farnsworth-Property-Trust