Mishcon de Reya
ur Re AOMITASHIKC
Sumenit House
Your Ref 12 Red Lion Square
London WCIR 420,
(DX 37954 Kingsway
salem Patel ‘we mishcon com
Head of Investment Management
Gulf Finance House
Manama
Kingdom of Bahrain
15 March 2013
BY E-MAIL ONLY
Dear Salem
Leeds City Holdings Limited ("the Company")
Further to our conference call of yesterday morning, and our subsequent conversation with
Andrew Umbers, please find attached a letter from Al Gosaibi Capital requesting a meeting
in Milan on Monday.
We look forward to hearing from you as soon as possible as to whether this can be
arranged.
Yours sincerely
p 66.
"Adam Morallee
Direct Tel: +44 207440 7161
Direct Fax: +44 20 7831 3487
Email: _adammoralee@mishcon.com
‘Authorised and regulated by the
Solctors Regution Authority, SRA.
16459085.1 Number 68218
Switchboard: +4420 7440 7000 Landon’ Misheon de Reya Soleors| A lsc of partners ailable for
Main Fux +4420 74045982 New Yorke Mishean de Reya Now York LLP Inspection tthe above adress."Al Gosaibi
capital
15th march 2013
‘To whom it may consern:
Denzel Clark as "Financial Consulting” on behalf of the commercial Al Gasaibi CAPITAL, established for the purpose of
this contract PO Box 22071 WEST BAY. 8299 Doha-Catar.
‘As you are aware, Al Gosaibi Capital is looking to acquire a football club, and has identified Leeds United FC as a key
target. The person with authority to negotiate any deal on behalf of Al Gosaibi Capital for the acquisition of a football
club Is Mr Issam Fares.
Mr Fares is unable to travel to England at present due to a family iliness, but would like to meet with the authorised
representatives of Leeds United FC at the earliest opportunity. He therefore wishes to invite the appropriate directors
fof Leeds United FC, Santiago Valldosera and Liz and Adam from Mishcon de Reya to come to Milan for a meeting to,
discuss the price that Al Gosaibi Capital will be willing to pay for the club.
IF you are able to travel this coming Monday, 18 March 2043, then Mr Fares and myself
you in Milan,
Lastly | confirm that Al Gosaibi Capital proposes to instruct Mishcon de Reya to act on its behalf in the event that itis
possible to complete a deal for the purchase of the club. | look forward to hearing from you.
with best regards we remain,
DGt
Shane canautng
9 gue
Al Gosaibi capital West Bay P.O. Box 22071 Doha 8299 Qatar
Decision of The Football League As To Whether or Not MR Massimo Cellino Satisfies The Owners' and Directors' Test Set Out in Appendix 3 of The Football League's Regulations (The "Oad Test")