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April 22, 2016

Bob Spagnola

Austin Trout Manager

Re: Austin Trout

Dear Bob:

On March 21, 2016, the WBO Championship Committee advised the parties representing Austin Trout and Liam Smith that they had 30 days to negotiate an agreement for the WBO Jr. Middleweight Championship bout. It has come to our attention that despite an offer being on the table, no answer has been given to Queensberry Promotions. Furthermore, it has been announced on the news that on May 21st 2016, Austin Trout will face Jermall Charlo for the IBF title.

Please be advised that you have forty-eight (48) hours or until Sunday, April 24th at 4:00 PM AST to inform the WBO if in fact Mr. Trout is fighting for the IBF title. If in the stipulated time frame we do not receive an answer, we will assume that Mr. Trout’s is not interested in fighting for the WBO title. At that point, the WBO Championship Committee will proceed in accordance to the WBO Regulations of World Championship Contests.

Cordially,

paco-firma

Francisco Valcarcel, Esq. – WBO President

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March 21, 2016

Liam Smith C/O Frank Warren

Austin Trout C/O David W. Bunting

Re: WBO Jr. Middleweight Championship Bout Liam Smith vs. Austin Trout

Gentlemen:

Please be advised the parties have 30 days to negotiate an agreement for the WBO Jr. Middleweight Championship bout between Liam Smith and Austin Trout. If an accord is not reached within the time frame, a Purse Bid will be ordered.

The minimum acceptable bid for the Jr. Middleweight division is $200,000.00 (Two Hundred Thousand Dollars).

Any one of the parties involved may call for a Purse Bid at any time during the negotiation process.

Yours truly,

Batista Salas signature

Luis Batista Salas, Esq. – Chairman, WBO Championship Committee