TRANSLATION FROM FRENCH

Ref. 11987

Office of the Clerk of the Commercial Court of NANTERRE 507 404 R.C.S. NANTERRE

4, Rue Pablo Neruda Your ref: PAR/CC

92020 NANTERRE CEDEX (2008 b 05496

Kbis extract

ENTRY ON THE COMMERCIAL AND COMPANIES REGISTRY

Extract on 27 June 2011

IDENTIFICATION

Company name: HBS FORMATION

Identification Number: 507 404 960 R.C.S. NANTERRE

Management Number: 2008 B 05496

Registration date: 28 July 2008

INFORMATION ABOUT THE PERSON

Legal form: Simplified Company by Shares

Capital stock: 150,000.00 Euros

Headquarters address: 110 Boulevard Jean-Jaurès 92100 Boulogne Billancourt

Term of the company: Until 28 JULY 2107

Date the accounts are closed: 31 December

Formation – Filing of the founding instrument With the Clerk of the NANTERRE Commercial Court, on 28 July 2008, under number 22999

Publication: Le Publicateur Légal of 25 July 2008

ADMINISTRATION

Chairman of the Board Mr. TELLIER Francis

Born on 20/05/1953, in PARIS 75017

Citizen of France

Address 5 Rue De La Libération 92210 St Cloud

Statutory Auditor CONTROLE REVISION ETUDES DE GESTION - C R E G

(310 776 554 R.C.S. PARIS)

19 Rue De Madrid 75008 Paris

Legal form Limited Liability Company

Alternate Statutory Auditor Mr. BERBESSON Jean-Claude

Born on 05/05/1949 in CHOISY LE ROI 94600

Citizen of France

Address 118 Rue de Picpus 75012 Paris

INFORMATION ABOUT THE BUSINESS AND THE COMPANY

Source of business: This company is set up

Source of good will or activity Setting up

Business: Any professionnal training activity related to the production, translation, editing of images and sound on every support; creation, production, maintenance and marketing of servers linked to the achievement of its object

Trade name: Broadcast Academy

Address of the main establishment: 110 Boulevard Jean-Jaurès 92100 Boulogne Billancourt

Date operations began: 01 May 2008

Type of operation: Direct operation

OBSERVATIONS

19 July 2010, number 66470 Continuation of the company despite the fact that net assets fell below half of the capital stock. Resolution of 28 June 2010

Extract issued in Nanterre, on 28 June 2011, on 2 pages

[L.S. & signature]

The Clerk

End of the extract

CERTIFIED TRUE AND CORRECT TRANSLATION

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