Addendum to the loan agreement dated 09/08/2007 Extension LOAN AGREEMENT

(EUR 40,000.00)

Addendum to the loan agreement dated 09/08/2007

Extension

between

EDI Exploration Drilling International Holding GmbH
Represented by Managing Director
Xxxxxx Xxxxxxxx
Xxxxxxxxxxxxx 00
00000 Xxxxxxx am See

- in the following referred to as lender -

and

EDI Exploration Drilling International GmbH
represented by the Managing Director
Xxxxxxxxx Xxxxx
Xxxxxxxxxxxxx 00
00000 Xxxxxxx am See

- in the following referred to as borrower -

Effective immediately, the loan agreement, to which this addendum applies, is changed in § 2 paragraphs 2 and 3 as follows:

§ 2 Interest, term and repayment of loan

	2.	The term shall be extended by approximately 8 months and ends on 31/03/2009.
	3.	The loan shall be repaid on 31/03/2009 into the lender’s account.

All other provisions of the agreement shall remain unchanged and valid.

Haltern, 04/08/2008

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