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IRREVOCABLE STANDBY LETTER OF CREDIT NUMBER SB99-8243 AMENDMENT I" CALIFORNIA BANK & TRUST International Operations 550 South Hope Street, 3rd Floor Los Angeles, California 90071 S,WJ.F.T. CALBUS66 Amendment of Standby Letter of Credit June 10, 2005 IRREVOCABLE STANDBY LETTER OF CREDIT NO. SB99-8243 AMENDMENT BENEFICIARY: CITY OF CLEARWATER, FL 112 SOUTH OSCEOLA AVENUE CLEARWATER, FL 33756 ATTN: CITY ATTORNEY - PAM AKIN LETTER OF CREDIT DATE: March 24, 2000 CURRENT AMOUNT: USD2,137,500.00 Dear Sir/Madam: We have been requested by CHURCH OF SCIENTOLOGY RELIGIOUS TRUST, 6331 HOLLYWOOD BLVD., LOS ANGELES, CA 90028 to amend the above referenced IRREVOCABLE LETTER OF CREDIT issued in your favor, as follows: The new expiry date of this letter of credit is: December 2, 2005 All other terms and conditions remain the same. This amendment is an integral part of the captioned letter of credit and must be attached to the said letter in your possession. If you have any questions concerning this transaction, please call us at (213) 593-2131, (213) 593-2130 or (213) 593-2123. Sincerely, (' I it:u1 ---.) Authorized. ignature