<p> TCG VENTURES LIMITED KIRK HOUSE, P.O. BOX 1100-G, GRAND CAYMAN, B.W.I. TELEPHONE (345) 949-7212 TELEFAX (345) 949-0993 TELEX CP4226</p><p>13 October 1997</p><p>VIA FAX TO : 011 9712 653 187 Total Number of Pages : 7 (including this page)</p><p>Ahmed Obaidly P.O. Box 41015 Abu Dhabi United Arab Emirates</p><p>Investment Vehicle : Ahmed Obaidly Commitment : US$2,000,000</p><p>Dear Mr. Obaidly,</p><p>We are pleased to notify you of the proposed investments of Carlyle Venture Partners, L.P. and its investing affiliates (collectively the “Fund”) in Pacific Telecom Cable, Inc. and Sight Resources Corporation. The Fund, along with certain parallel partnerships, are contributing a $5 million deposit toward an equity investment in Pacific Telecom Cable, Inc. as well as a $5,082,417 equity investment in Sight Resources Corporation. Detailed descriptions of these transactions are provided with this letter.</p><p>Pursuant to Section 3.1(a) of the Agreement of Limited Partnership dated 7 May 1997 (the “Agreement”), TCG Ventures Limited, as General Partner, is making a capital call for a Bridge Investment (as defined in the Agreement) in Pacific Telecom Cable, Inc. and an investment in Sight Resources Corporation. </p><p>Funding Obligation</p><p>The following summarizes your funding obligation for this capital call:</p><p>Bridge Investment in Pacific Telecom Cable, Inc. US$40,758 Investment in Sight Resources Corporation US$41,429 ------Total Funding Obligation US$82,187 Your total funding obligation of US$82,187 (please include any wiring fees with your payment) must be sent to us according to the following wiring instructions no later than 24 October 1997:</p><p>Chase Manhattan Bank N.A. New York ABA 021000021 For account Bank Julius Baer & Co. Ltd. New York account number 544 777 037 For onward credit Carlyle Venture Partners L.P.</p><p>Ref: Ahmed Obaidly Attn: Peter W.C. Goulden</p><p>Additional Information</p><p>The attachment to this letter contains an overview of Pacific Telecom Cable, Inc. and Sight Resources Corporation. If you have any questions regarding the investment in Pacific Telecom Cable, Inc. please contact Brooke Coburn at (202) 347-2626. If you have any questions regarding the investment in Sight Resources Corporation please contact Ryan Schwarz at (202) 347-2626. If you have any questions regarding this capital call notice please contact Patty Watson at (202) 626-1277 or Megan McGovern at (202) 626-1275. </p><p>Thank you for the faith you have placed in us and we appreciate your prompt attention in addressing this notice.</p><p>Yours faithfully,</p><p>TCG Ventures Limited</p><p>TCG Ventures Limited General Partner TCG VENTURES LIMITED KIRK HOUSE, P.O. BOX 1100-G, GRAND CAYMAN, B.W.I. TELEPHONE (345) 949-7212 TELEFAX (345) 949-0993 TELEX CP4226</p><p>13 October 1997</p><p>VIA FAX TO : 011 44 1534 68632 Total Number of Pages : 7 (including this page)</p><p>Mark A. Young 2nd Floor, Queen's House Don Road St. Helier JE1, 4HP Jersey</p><p>Investment Vehicle : Alberville Investments Limited Commitment : US$5,000,000</p><p>Dear Mr. Young,</p><p>We are pleased to notify you of the proposed investments of Carlyle Venture Partners, L.P. and its investing affiliates (collectively the “Fund”) in Pacific Telecom Cable, Inc. and Sight Resources Corporation. The Fund, along with certain parallel partnerships, are contributing a $5 million deposit toward an equity investment in Pacific Telecom Cable, Inc. as well as a $5,082,417 equity investment in Sight Resources Corporation. Detailed descriptions of these transactions are provided with this letter.</p><p>Pursuant to Section 3.1(a) of the Agreement of Limited Partnership dated 7 May 1997 (the “Agreement”), TCG Ventures Limited, as General Partner, is making a capital call for a Bridge Investment (as defined in the Agreement) in Pacific Telecom Cable, Inc. and an investment in Sight Resources Corporation. </p><p>Funding Obligation</p><p>The following summarizes your funding obligation for this capital call:</p><p>Bridge Investment in Pacific Telecom Cable, Inc. US$101,894 Investment in Sight Resources Corporation US$103,573 ------Total Funding Obligation US$205,467 Your total funding obligation of US$205,467 (please include any wiring fees with your payment) must be sent to us according to the following wiring instructions no later than 24 October 1997:</p><p>Chase Manhattan Bank N.A. New York ABA 021000021 For account Bank Julius Baer & Co. Ltd. New York account number 544 777 037 For onward credit Carlyle Venture Partners L.P.</p><p>Ref: Alberville Investments Limited Attn: Peter W.C. Goulden</p><p>Additional Information</p><p>The attachment to this letter contains an overview of Pacific Telecom Cable, Inc. and Sight Resources Corporation. If you have any questions regarding the investment in Pacific Telecom Cable, Inc. please contact Brooke Coburn at (202) 347-2626. If you have any questions regarding the investment in Sight Resources Corporation please contact Ryan Schwarz at (202) 347-2626. If you have any questions regarding this capital call notice please contact Patty Watson at (202) 626-1277 or Megan McGovern at (202) 626-1275. </p><p>Thank you for the faith you have placed in us and we appreciate your prompt attention in addressing this notice.</p><p>Yours faithfully,</p><p>TCG Ventures Limited</p><p>TCG Ventures Limited General Partner TCG VENTURES LIMITED KIRK HOUSE, P.O. BOX 1100-G, GRAND CAYMAN, B.W.I. TELEPHONE (345) 949-7212 TELEFAX (345) 949-0993 TELEX CP4226</p><p>13 October 1997</p><p>VIA FAX TO : 011 46 8 570 398 99 Total Number of Pages : 7 (including this page)</p><p>Claus Stenbaek Odelbergs Vag 9 Gustavsberg S-134 40 Sweden</p><p>Investment Vehicle : Alberville Investments Limited Commitment : US$5,000,000</p><p>Dear Mr. Stenbaek,</p><p>We are pleased to notify you of the proposed investments of Carlyle Venture Partners, L.P. and its investing affiliates (collectively the “Fund”) in Pacific Telecom Cable, Inc. and Sight Resources Corporation. The Fund, along with certain parallel partnerships, are contributing a $5 million deposit toward an equity investment in Pacific Telecom Cable, Inc. as well as a $5,082,417 equity investment in Sight Resources Corporation. Detailed descriptions of these transactions are provided with this letter.</p><p>Pursuant to Section 3.1(a) of the Agreement of Limited Partnership dated 7 May 1997 (the “Agreement”), TCG Ventures Limited, as General Partner, is making a capital call for a Bridge Investment (as defined in the Agreement) in Pacific Telecom Cable, Inc. and an investment in Sight Resources Corporation. </p><p>Funding Obligation</p><p>The following summarizes your funding obligation for this capital call:</p><p>Bridge Investment in Pacific Telecom Cable, Inc. US$101,894 Investment in Sight Resources Corporation US$103,573 ------Total Funding Obligation US$205,467 Your total funding obligation of US$205,467 (please include any wiring fees with your payment) must be sent to us according to the following wiring instructions no later than 24 October 1997:</p><p>Chase Manhattan Bank N.A. New York ABA 021000021 For account Bank Julius Baer & Co. Ltd. New York account number 544 777 037 For onward credit Carlyle Venture Partners L.P.</p><p>Ref: Alberville Investments Limited Attn: Peter W.C. Goulden</p><p>Additional Information</p><p>The attachment to this letter contains an overview of Pacific Telecom Cable, Inc. and Sight Resources Corporation. If you have any questions regarding the investment in Pacific Telecom Cable, Inc. please contact Brooke Coburn at (202) 347-2626. If you have any questions regarding the investment in Sight Resources Corporation please contact Ryan Schwarz at (202) 347-2626. If you have any questions regarding this capital call notice please contact Patty Watson at (202) 626-1277 or Megan McGovern at (202) 626-1275. </p><p>Thank you for the faith you have placed in us and we appreciate your prompt attention in addressing this notice.</p><p>Yours faithfully,</p><p>TCG Ventures Limited</p><p>TCG Ventures Limited General Partner TCG VENTURES LIMITED KIRK HOUSE, P.O. BOX 1100-G, GRAND CAYMAN, B.W.I. TELEPHONE (345) 949-7212 TELEFAX (345) 949-0993 TELEX CP4226</p><p>13 October 1997</p><p>VIA FAX TO : 011 44 171 499 4284 Total Number of Pages : 7 (including this page)</p><p>Ramzi A. Dalloul 15 Park Towers 2 Brick Street London W1Y 7DF United Kingdom</p><p>Investment Vehicle : Arab Investment and Management Corporation N.V. Commitment : US$2,000,000</p><p>Dear Dr. Dalloul,</p><p>We are pleased to notify you of the proposed investments of Carlyle Venture Partners, L.P. and its investing affiliates (collectively the “Fund”) in Pacific Telecom Cable, Inc. and Sight Resources Corporation. The Fund, along with certain parallel partnerships, are contributing a $5 million deposit toward an equity investment in Pacific Telecom Cable, Inc. as well as a $5,082,417 equity investment in Sight Resources Corporation. Detailed descriptions of these transactions are provided with this letter.</p><p>Pursuant to Section 3.1(a) of the Agreement of Limited Partnership dated 7 May 1997 (the “Agreement”), TCG Ventures Limited, as General Partner, is making a capital call for a Bridge Investment (as defined in the Agreement) in Pacific Telecom Cable, Inc. and an investment in Sight Resources Corporation. </p><p>Funding Obligation</p><p>The following summarizes your funding obligation for this capital call:</p><p>Bridge Investment in Pacific Telecom Cable, Inc. US$40,758 Investment in Sight Resources Corporation US$41,429 ------Total Funding Obligation US$82,187 Your total funding obligation of US$82,187 (please include any wiring fees with your payment) must be sent to us according to the following wiring instructions no later than 24 October 1997:</p><p>Chase Manhattan Bank N.A. New York ABA 021000021 For account Bank Julius Baer & Co. Ltd. New York account number 544 777 037 For onward credit Carlyle Venture Partners L.P.</p><p>Ref: Arab Investment and Management Corporation N.V. Attn: Peter W.C. Goulden</p><p>Additional Information</p><p>The attachment to this letter contains an overview of Pacific Telecom Cable, Inc. and Sight Resources Corporation. If you have any questions regarding the investment in Pacific Telecom Cable, Inc. please contact Brooke Coburn at (202) 347-2626. If you have any questions regarding the investment in Sight Resources Corporation please contact Ryan Schwarz at (202) 347-2626. If you have any questions regarding this capital call notice please contact Patty Watson at (202) 626-1277 or Megan McGovern at (202) 626-1275. </p><p>Thank you for the faith you have placed in us and we appreciate your prompt attention in addressing this notice.</p><p>Yours faithfully,</p><p>TCG Ventures Limited</p><p>TCG Ventures Limited General Partner TCG VENTURES LIMITED KIRK HOUSE, P.O. BOX 1100-G, GRAND CAYMAN, B.W.I. TELEPHONE (345) 949-7212 TELEFAX (345) 949-0993 TELEX CP4226</p><p>13 October 1997</p><p>VIA FAX TO : 011 966 2 683 2229 Total Number of Pages : 7 (including this page)</p><p>Yousuf Khayat P.O. Box 4384 Jeddah 21491 SAUDI ARABIA</p><p>Investment Vehicle : Atwill Holdings Limited Commitment : US$10,000,000</p><p>Dear Mr. Khayat,</p><p>We are pleased to notify you of the proposed investments of Carlyle Venture Partners, L.P. and its investing affiliates (collectively the “Fund”) in Pacific Telecom Cable, Inc. and Sight Resources Corporation. The Fund, along with certain parallel partnerships, are contributing a $5 million deposit toward an equity investment in Pacific Telecom Cable, Inc. as well as a $5,082,417 equity investment in Sight Resources Corporation. Detailed descriptions of these transactions are provided with this letter.</p><p>Pursuant to Section 3.1(a) of the Agreement of Limited Partnership dated 7 May 1997 (the “Agreement”), TCG Ventures Limited, as General Partner, is making a capital call for a Bridge Investment (as defined in the Agreement) in Pacific Telecom Cable, Inc. and an investment in Sight Resources Corporation. </p><p>Funding Obligation</p><p>The following summarizes your funding obligation for this capital call:</p><p>Bridge Investment in Pacific Telecom Cable, Inc. US$203,788 Investment in Sight Resources Corporation US$207,147 ------Total Funding Obligation US$410,935 Your total funding obligation of US$410,935 (please include any wiring fees with your payment) must be sent to us according to the following wiring instructions no later than 24 October 1997:</p><p>Chase Manhattan Bank N.A. New York ABA 021000021 For account Bank Julius Baer & Co. Ltd. New York account number 544 777 037 For onward credit Carlyle Venture Partners L.P.</p><p>Ref: Atwill Holdings Limited Attn: Peter W.C. Goulden</p><p>Additional Information</p><p>The attachment to this letter contains an overview of Pacific Telecom Cable, Inc. and Sight Resources Corporation. If you have any questions regarding the investment in Pacific Telecom Cable, Inc. please contact Brooke Coburn at (202) 347-2626. If you have any questions regarding the investment in Sight Resources Corporation please contact Ryan Schwarz at (202) 347-2626. If you have any questions regarding this capital call notice please contact Patty Watson at (202) 626-1277 or Megan McGovern at (202) 626-1275. </p><p>Thank you for the faith you have placed in us and we appreciate your prompt attention in addressing this notice.</p><p>Yours faithfully,</p><p>TCG Ventures Limited</p><p>TCG Ventures Limited General Partner TCG VENTURES LIMITED KIRK HOUSE, P.O. BOX 1100-G, GRAND CAYMAN, B.W.I. TELEPHONE (345) 949-7212 TELEFAX (345) 949-0993 TELEX CP4226</p><p>13 October 1997</p><p>VIA FAX TO : (1) 345 949 0993 Total Number of Pages : 7 (including this page)</p><p>Christine Godfray P.O. Box 1100G Grand Cayman Cayman Islands</p><p>Investment Vehicle : Baer US Venture Equities, LTD. Commitment : US$8,000,000</p><p>Dear Ms. Godfray,</p><p>We are pleased to notify you of the proposed investments of Carlyle Venture Partners, L.P. and its investing affiliates (collectively the “Fund”) in Pacific Telecom Cable, Inc. and Sight Resources Corporation. The Fund, along with certain parallel partnerships, are contributing a $5 million deposit toward an equity investment in Pacific Telecom Cable, Inc. as well as a $5,082,417 equity investment in Sight Resources Corporation. Detailed descriptions of these transactions are provided with this letter.</p><p>Pursuant to Section 3.1(a) of the Agreement of Limited Partnership dated 7 May 1997 (the “Agreement”), TCG Ventures Limited, as General Partner, is making a capital call for a Bridge Investment (as defined in the Agreement) in Pacific Telecom Cable, Inc. and an investment in Sight Resources Corporation. </p><p>Funding Obligation</p><p>The following summarizes your funding obligation for this capital call:</p><p>Bridge Investment in Pacific Telecom Cable, Inc. US$163,030 Investment in Sight Resources Corporation US$165,717 ------Total Funding Obligation US$328,747 Your total funding obligation of US$328,747 (please include any wiring fees with your payment) must be sent to us according to the following wiring instructions no later than 24 October 1997:</p><p>Chase Manhattan Bank N.A. New York ABA 021000021 For account Bank Julius Baer & Co. Ltd. New York account number 544 777 037 For onward credit Carlyle Venture Partners L.P.</p><p>Ref: Baer US Venture Equities, LTD. Attn: Peter W.C. Goulden</p><p>Additional Information</p><p>The attachment to this letter contains an overview of Pacific Telecom Cable, Inc. and Sight Resources Corporation. If you have any questions regarding the investment in Pacific Telecom Cable, Inc. please contact Brooke Coburn at (202) 347-2626. If you have any questions regarding the investment in Sight Resources Corporation please contact Ryan Schwarz at (202) 347-2626. If you have any questions regarding this capital call notice please contact Patty Watson at (202) 626-1277 or Megan McGovern at (202) 626-1275. </p><p>Thank you for the faith you have placed in us and we appreciate your prompt attention in addressing this notice.</p><p>Yours faithfully,</p><p>TCG Ventures Limited</p><p>TCG Ventures Limited General Partner TCG VENTURES LIMITED KIRK HOUSE, P.O. BOX 1100-G, GRAND CAYMAN, B.W.I. TELEPHONE (345) 949-7212 TELEFAX (345) 949-0993 TELEX CP4226</p><p>13 October 1997</p><p>VIA FAX TO : (1) 345 949 0993 Total Number of Pages : 7 (including this page)</p><p>Peter W. C. Goulden P.O. Box 1100G Grand Cayman Cayman Islands</p><p>Investment Vehicle : Baer US Venture Equities, LTD. Commitment : US$8,000,000</p><p>Dear Mr. Goulden,</p><p>We are pleased to notify you of the proposed investments of Carlyle Venture Partners, L.P. and its investing affiliates (collectively the “Fund”) in Pacific Telecom Cable, Inc. and Sight Resources Corporation. The Fund, along with certain parallel partnerships, are contributing a $5 million deposit toward an equity investment in Pacific Telecom Cable, Inc. as well as a $5,082,417 equity investment in Sight Resources Corporation. Detailed descriptions of these transactions are provided with this letter.</p><p>Pursuant to Section 3.1(a) of the Agreement of Limited Partnership dated 7 May 1997 (the “Agreement”), TCG Ventures Limited, as General Partner, is making a capital call for a Bridge Investment (as defined in the Agreement) in Pacific Telecom Cable, Inc. and an investment in Sight Resources Corporation. </p><p>Funding Obligation</p><p>The following summarizes your funding obligation for this capital call:</p><p>Bridge Investment in Pacific Telecom Cable, Inc. US$163,030 Investment in Sight Resources Corporation US$165,717 ------Total Funding Obligation US$328,747 Your total funding obligation of US$328,747 (please include any wiring fees with your payment) must be sent to us according to the following wiring instructions no later than 24 October 1997:</p><p>Chase Manhattan Bank N.A. New York ABA 021000021 For account Bank Julius Baer & Co. Ltd. New York account number 544 777 037 For onward credit Carlyle Venture Partners L.P.</p><p>Ref: Baer US Venture Equities, LTD. Attn: Peter W.C. Goulden</p><p>Additional Information</p><p>The attachment to this letter contains an overview of Pacific Telecom Cable, Inc. and Sight Resources Corporation. If you have any questions regarding the investment in Pacific Telecom Cable, Inc. please contact Brooke Coburn at (202) 347-2626. If you have any questions regarding the investment in Sight Resources Corporation please contact Ryan Schwarz at (202) 347-2626. If you have any questions regarding this capital call notice please contact Patty Watson at (202) 626-1277 or Megan McGovern at (202) 626-1275. </p><p>Thank you for the faith you have placed in us and we appreciate your prompt attention in addressing this notice.</p><p>Yours faithfully,</p><p>TCG Ventures Limited</p><p>TCG Ventures Limited General Partner TCG VENTURES LIMITED KIRK HOUSE, P.O. BOX 1100-G, GRAND CAYMAN, B.W.I. TELEPHONE (345) 949-7212 TELEFAX (345) 949-0993 TELEX CP4226</p><p>13 October 1997</p><p>VIA FAX TO : (41) 75 237 5859 Total Number of Pages : 7 (including this page)</p><p>Michael von und zu Liechtenstein Herrengasse 21 Vaduz FL-9490 Lichtenstein</p><p>Investment Vehicle : Bartlow Securities LTD. Commitment : US$2,000,000</p><p>Dear Prinz Liechtenstein,</p><p>We are pleased to notify you of the proposed investments of Carlyle Venture Partners, L.P. and its investing affiliates (collectively the “Fund”) in Pacific Telecom Cable, Inc. and Sight Resources Corporation. The Fund, along with certain parallel partnerships, are contributing a $5 million deposit toward an equity investment in Pacific Telecom Cable, Inc. as well as a $5,082,417 equity investment in Sight Resources Corporation. Detailed descriptions of these transactions are provided with this letter.</p><p>Pursuant to Section 3.1(a) of the Agreement of Limited Partnership dated 7 May 1997 (the “Agreement”), TCG Ventures Limited, as General Partner, is making a capital call for a Bridge Investment (as defined in the Agreement) in Pacific Telecom Cable, Inc. and an investment in Sight Resources Corporation. </p><p>Funding Obligation</p><p>The following summarizes your funding obligation for this capital call:</p><p>Bridge Investment in Pacific Telecom Cable, Inc. US$40,758 Investment in Sight Resources Corporation US$41,429 ------Total Funding Obligation US$82,187 Your total funding obligation of US$82,187 (please include any wiring fees with your payment) must be sent to us according to the following wiring instructions no later than 24 October 1997:</p><p>Chase Manhattan Bank N.A. New York ABA 021000021 For account Bank Julius Baer & Co. Ltd. New York account number 544 777 037 For onward credit Carlyle Venture Partners L.P.</p><p>Ref: Bartlow Securities LTD. Attn: Peter W.C. Goulden</p><p>Additional Information</p><p>The attachment to this letter contains an overview of Pacific Telecom Cable, Inc. and Sight Resources Corporation. If you have any questions regarding the investment in Pacific Telecom Cable, Inc. please contact Brooke Coburn at (202) 347-2626. If you have any questions regarding the investment in Sight Resources Corporation please contact Ryan Schwarz at (202) 347-2626. If you have any questions regarding this capital call notice please contact Patty Watson at (202) 626-1277 or Megan McGovern at (202) 626-1275. </p><p>Thank you for the faith you have placed in us and we appreciate your prompt attention in addressing this notice.</p><p>Yours faithfully,</p><p>TCG Ventures Limited</p><p>TCG Ventures Limited General Partner TCG VENTURES LIMITED KIRK HOUSE, P.O. BOX 1100-G, GRAND CAYMAN, B.W.I. TELEPHONE (345) 949-7212 TELEFAX (345) 949-0993 TELEX CP4226</p><p>13 October 1997</p><p>VIA FAX TO : (41) 22 310 44 41 Total Number of Pages : 7 (including this page)</p><p>Christian Wagner 12 Cours des Bastions Case Postale 3341 Geneva 3 CH-1211 Switzerland</p><p>Investment Vehicle : Bartlow Securities LTD. Commitment : US$2,000,000</p><p>Dear Mr. Wagner,</p><p>We are pleased to notify you of the proposed investments of Carlyle Venture Partners, L.P. and its investing affiliates (collectively the “Fund”) in Pacific Telecom Cable, Inc. and Sight Resources Corporation. The Fund, along with certain parallel partnerships, are contributing a $5 million deposit toward an equity investment in Pacific Telecom Cable, Inc. as well as a $5,082,417 equity investment in Sight Resources Corporation. Detailed descriptions of these transactions are provided with this letter.</p><p>Pursuant to Section 3.1(a) of the Agreement of Limited Partnership dated 7 May 1997 (the “Agreement”), TCG Ventures Limited, as General Partner, is making a capital call for a Bridge Investment (as defined in the Agreement) in Pacific Telecom Cable, Inc. and an investment in Sight Resources Corporation. </p><p>Funding Obligation</p><p>The following summarizes your funding obligation for this capital call:</p><p>Bridge Investment in Pacific Telecom Cable, Inc. US$40,758 Investment in Sight Resources Corporation US$41,429 ------Total Funding Obligation US$82,187 Your total funding obligation of US$82,187 (please include any wiring fees with your payment) must be sent to us according to the following wiring instructions no later than 24 October 1997:</p><p>Chase Manhattan Bank N.A. New York ABA 021000021 For account Bank Julius Baer & Co. Ltd. New York account number 544 777 037 For onward credit Carlyle Venture Partners L.P.</p><p>Ref: Bartlow Securities LTD. Attn: Peter W.C. Goulden</p><p>Additional Information</p><p>The attachment to this letter contains an overview of Pacific Telecom Cable, Inc. and Sight Resources Corporation. If you have any questions regarding the investment in Pacific Telecom Cable, Inc. please contact Brooke Coburn at (202) 347-2626. If you have any questions regarding the investment in Sight Resources Corporation please contact Ryan Schwarz at (202) 347-2626. If you have any questions regarding this capital call notice please contact Patty Watson at (202) 626-1277 or Megan McGovern at (202) 626-1275. </p><p>Thank you for the faith you have placed in us and we appreciate your prompt attention in addressing this notice.</p><p>Yours faithfully,</p><p>TCG Ventures Limited</p><p>TCG Ventures Limited General Partner TCG VENTURES LIMITED KIRK HOUSE, P.O. BOX 1100-G, GRAND CAYMAN, B.W.I. TELEPHONE (345) 949-7212 TELEFAX (345) 949-0993 TELEX CP4226</p><p>13 October 1997</p><p>VIA FAX TO : (971) 2 276 800 Total Number of Pages : 7 (including this page)</p><p>Moncef Ben Hamida P.O. Box 203 Abu Dhabi U.A.E.</p><p>Investment Vehicle : Bin Hamoodah Co. Commitment : US$2,000,000</p><p>Dear Mr. Hamida,</p><p>We are pleased to notify you of the proposed investments of Carlyle Venture Partners, L.P. and its investing affiliates (collectively the “Fund”) in Pacific Telecom Cable, Inc. and Sight Resources Corporation. The Fund, along with certain parallel partnerships, are contributing a $5 million deposit toward an equity investment in Pacific Telecom Cable, Inc. as well as a $5,082,417 equity investment in Sight Resources Corporation. Detailed descriptions of these transactions are provided with this letter.</p><p>Pursuant to Section 3.1(a) of the Agreement of Limited Partnership dated 7 May 1997 (the “Agreement”), TCG Ventures Limited, as General Partner, is making a capital call for a Bridge Investment (as defined in the Agreement) in Pacific Telecom Cable, Inc. and an investment in Sight Resources Corporation. </p><p>Funding Obligation</p><p>The following summarizes your funding obligation for this capital call:</p><p>Bridge Investment in Pacific Telecom Cable, Inc. US$40,758 Investment in Sight Resources Corporation US$41,429 ------Total Funding Obligation US$82,187 Your total funding obligation of US$82,187 (please include any wiring fees with your payment) must be sent to us according to the following wiring instructions no later than 24 October 1997:</p><p>Chase Manhattan Bank N.A. New York ABA 021000021 For account Bank Julius Baer & Co. Ltd. New York account number 544 777 037 For onward credit Carlyle Venture Partners L.P.</p><p>Ref: Bin Hamoodah Co. Attn: Peter W.C. Goulden</p><p>Additional Information</p><p>The attachment to this letter contains an overview of Pacific Telecom Cable, Inc. and Sight Resources Corporation. If you have any questions regarding the investment in Pacific Telecom Cable, Inc. please contact Brooke Coburn at (202) 347-2626. If you have any questions regarding the investment in Sight Resources Corporation please contact Ryan Schwarz at (202) 347-2626. If you have any questions regarding this capital call notice please contact Patty Watson at (202) 626-1277 or Megan McGovern at (202) 626-1275. </p><p>Thank you for the faith you have placed in us and we appreciate your prompt attention in addressing this notice.</p><p>Yours faithfully,</p><p>TCG Ventures Limited</p><p>TCG Ventures Limited General Partner TCG VENTURES LIMITED KIRK HOUSE, P.O. BOX 1100-G, GRAND CAYMAN, B.W.I. TELEPHONE (345) 949-7212 TELEFAX (345) 949-0993 TELEX CP4226</p><p>13 October 1997</p><p>VIA FAX TO : (971) 2 276 800 Total Number of Pages : 7 (including this page)</p><p>Samir A. Hijazi P.O. Box 203 Abu Dhabi U.A.E.</p><p>Investment Vehicle : Bin Hamoodah Co. Commitment : US$2,000,000</p><p>Dear Mr. Hijazi,</p><p>We are pleased to notify you of the proposed investments of Carlyle Venture Partners, L.P. and its investing affiliates (collectively the “Fund”) in Pacific Telecom Cable, Inc. and Sight Resources Corporation. The Fund, along with certain parallel partnerships, are contributing a $5 million deposit toward an equity investment in Pacific Telecom Cable, Inc. as well as a $5,082,417 equity investment in Sight Resources Corporation. Detailed descriptions of these transactions are provided with this letter.</p><p>Pursuant to Section 3.1(a) of the Agreement of Limited Partnership dated 7 May 1997 (the “Agreement”), TCG Ventures Limited, as General Partner, is making a capital call for a Bridge Investment (as defined in the Agreement) in Pacific Telecom Cable, Inc. and an investment in Sight Resources Corporation. </p><p>Funding Obligation</p><p>The following summarizes your funding obligation for this capital call:</p><p>Bridge Investment in Pacific Telecom Cable, Inc. US$40,758 Investment in Sight Resources Corporation US$41,429 ------Total Funding Obligation US$82,187 Your total funding obligation of US$82,187 (please include any wiring fees with your payment) must be sent to us according to the following wiring instructions no later than 24 October 1997:</p><p>Chase Manhattan Bank N.A. New York ABA 021000021 For account Bank Julius Baer & Co. Ltd. New York account number 544 777 037 For onward credit Carlyle Venture Partners L.P.</p><p>Ref: Bin Hamoodah Co. Attn: Peter W.C. Goulden</p><p>Additional Information</p><p>The attachment to this letter contains an overview of Pacific Telecom Cable, Inc. and Sight Resources Corporation. If you have any questions regarding the investment in Pacific Telecom Cable, Inc. please contact Brooke Coburn at (202) 347-2626. If you have any questions regarding the investment in Sight Resources Corporation please contact Ryan Schwarz at (202) 347-2626. If you have any questions regarding this capital call notice please contact Patty Watson at (202) 626-1277 or Megan McGovern at (202) 626-1275. </p><p>Thank you for the faith you have placed in us and we appreciate your prompt attention in addressing this notice.</p><p>Yours faithfully,</p><p>TCG Ventures Limited</p><p>TCG Ventures Limited General Partner TCG VENTURES LIMITED KIRK HOUSE, P.O. BOX 1100-G, GRAND CAYMAN, B.W.I. TELEPHONE (345) 949-7212 TELEFAX (345) 949-0993 TELEX CP4226</p><p>13 October 1997</p><p>VIA FAX TO : (41) 75 237 58 59 Total Number of Pages : 7 (including this page)</p><p>Michael von Liechtenstein P.O. Box 339 Vaduz 9490 Lichtenstein</p><p>Investment Vehicle : Campbeltown Properties Ltd., B.V.I. Commitment : US$5,000,000</p><p>Dear Prinz Liechtenstein,</p><p>We are pleased to notify you of the proposed investments of Carlyle Venture Partners, L.P. and its investing affiliates (collectively the “Fund”) in Pacific Telecom Cable, Inc. and Sight Resources Corporation. The Fund, along with certain parallel partnerships, are contributing a $5 million deposit toward an equity investment in Pacific Telecom Cable, Inc. as well as a $5,082,417 equity investment in Sight Resources Corporation. Detailed descriptions of these transactions are provided with this letter.</p><p>Pursuant to Section 3.1(a) of the Agreement of Limited Partnership dated 7 May 1997 (the “Agreement”), TCG Ventures Limited, as General Partner, is making a capital call for a Bridge Investment (as defined in the Agreement) in Pacific Telecom Cable, Inc. and an investment in Sight Resources Corporation. </p><p>Funding Obligation</p><p>The following summarizes your funding obligation for this capital call:</p><p>Bridge Investment in Pacific Telecom Cable, Inc. US$101,894 Investment in Sight Resources Corporation US$103,573 ------Total Funding Obligation US$205,467 Your total funding obligation of US$205,467 (please include any wiring fees with your payment) must be sent to us according to the following wiring instructions no later than 24 October 1997:</p><p>Chase Manhattan Bank N.A. New York ABA 021000021 For account Bank Julius Baer & Co. Ltd. New York account number 544 777 037 For onward credit Carlyle Venture Partners L.P.</p><p>Ref: Campbeltown Properties Ltd., B.V.I. Attn: Peter W.C. Goulden</p><p>Additional Information</p><p>The attachment to this letter contains an overview of Pacific Telecom Cable, Inc. and Sight Resources Corporation. If you have any questions regarding the investment in Pacific Telecom Cable, Inc. please contact Brooke Coburn at (202) 347-2626. If you have any questions regarding the investment in Sight Resources Corporation please contact Ryan Schwarz at (202) 347-2626. If you have any questions regarding this capital call notice please contact Patty Watson at (202) 626-1277 or Megan McGovern at (202) 626-1275. </p><p>Thank you for the faith you have placed in us and we appreciate your prompt attention in addressing this notice.</p><p>Yours faithfully,</p><p>TCG Ventures Limited</p><p>TCG Ventures Limited General Partner TCG VENTURES LIMITED KIRK HOUSE, P.O. BOX 1100-G, GRAND CAYMAN, B.W.I. TELEPHONE (345) 949-7212 TELEFAX (345) 949-0993 TELEX CP4226</p><p>13 October 1997</p><p>VIA FAX TO : (41) 22 312 40 68 Total Number of Pages : 7 (including this page)</p><p>CIF S.A. Case Postale 3146 Geneva 3 CH-1211 Switzerland</p><p>Investment Vehicle : Candida Fund Inc. Commitment : US$3,000,000</p><p>Dear CIF S.A.,</p><p>We are pleased to notify you of the proposed investments of Carlyle Venture Partners, L.P. and its investing affiliates (collectively the “Fund”) in Pacific Telecom Cable, Inc. and Sight Resources Corporation. The Fund, along with certain parallel partnerships, are contributing a $5 million deposit toward an equity investment in Pacific Telecom Cable, Inc. as well as a $5,082,417 equity investment in Sight Resources Corporation. Detailed descriptions of these transactions are provided with this letter.</p><p>Pursuant to Section 3.1(a) of the Agreement of Limited Partnership dated 7 May 1997 (the “Agreement”), TCG Ventures Limited, as General Partner, is making a capital call for a Bridge Investment (as defined in the Agreement) in Pacific Telecom Cable, Inc. and an investment in Sight Resources Corporation. </p><p>Funding Obligation</p><p>The following summarizes your funding obligation for this capital call:</p><p>Bridge Investment in Pacific Telecom Cable, Inc. US$61,136 Investment in Sight Resources Corporation US$62,144 ------Total Funding Obligation US$123,280 Your total funding obligation of US$123,280 (please include any wiring fees with your payment) must be sent to us according to the following wiring instructions no later than 24 October 1997:</p><p>Chase Manhattan Bank N.A. New York ABA 021000021 For account Bank Julius Baer & Co. Ltd. New York account number 544 777 037 For onward credit Carlyle Venture Partners L.P.</p><p>Ref: Candida Fund Inc. Attn: Peter W.C. Goulden</p><p>Additional Information</p><p>The attachment to this letter contains an overview of Pacific Telecom Cable, Inc. and Sight Resources Corporation. If you have any questions regarding the investment in Pacific Telecom Cable, Inc. please contact Brooke Coburn at (202) 347-2626. If you have any questions regarding the investment in Sight Resources Corporation please contact Ryan Schwarz at (202) 347-2626. If you have any questions regarding this capital call notice please contact Patty Watson at (202) 626-1277 or Megan McGovern at (202) 626-1275. </p><p>Thank you for the faith you have placed in us and we appreciate your prompt attention in addressing this notice.</p><p>Yours faithfully,</p><p>TCG Ventures Limited</p><p>TCG Ventures Limited General Partner TCG VENTURES LIMITED KIRK HOUSE, P.O. BOX 1100-G, GRAND CAYMAN, B.W.I. TELEPHONE (345) 949-7212 TELEFAX (345) 949-0993 TELEX CP4226</p><p>13 October 1997</p><p>VIA FAX TO : 011 966 2 669 6356 Total Number of Pages : 7 (including this page)</p><p>Sami Baarma P.O. Box 15844 Jeddah 21454 Saudi Arabia</p><p>Investment Vehicle : Carpal Holdings Limited Commitment : US$5,000,000</p><p>Dear Mr. Baarma,</p><p>We are pleased to notify you of the proposed investments of Carlyle Venture Partners, L.P. and its investing affiliates (collectively the “Fund”) in Pacific Telecom Cable, Inc. and Sight Resources Corporation. The Fund, along with certain parallel partnerships, are contributing a $5 million deposit toward an equity investment in Pacific Telecom Cable, Inc. as well as a $5,082,417 equity investment in Sight Resources Corporation. Detailed descriptions of these transactions are provided with this letter.</p><p>Pursuant to Section 3.1(a) of the Agreement of Limited Partnership dated 7 May 1997 (the “Agreement”), TCG Ventures Limited, as General Partner, is making a capital call for a Bridge Investment (as defined in the Agreement) in Pacific Telecom Cable, Inc. and an investment in Sight Resources Corporation. </p><p>Funding Obligation</p><p>The following summarizes your funding obligation for this capital call:</p><p>Bridge Investment in Pacific Telecom Cable, Inc. US$101,894 Investment in Sight Resources Corporation US$103,573 ------Total Funding Obligation US$205,467 Your total funding obligation of US$205,467 (please include any wiring fees with your payment) must be sent to us according to the following wiring instructions no later than 24 October 1997:</p><p>Chase Manhattan Bank N.A. New York ABA 021000021 For account Bank Julius Baer & Co. Ltd. New York account number 544 777 037 For onward credit Carlyle Venture Partners L.P.</p><p>Ref: Carpal Holdings Limited Attn: Peter W.C. Goulden</p><p>Additional Information</p><p>The attachment to this letter contains an overview of Pacific Telecom Cable, Inc. and Sight Resources Corporation. If you have any questions regarding the investment in Pacific Telecom Cable, Inc. please contact Brooke Coburn at (202) 347-2626. If you have any questions regarding the investment in Sight Resources Corporation please contact Ryan Schwarz at (202) 347-2626. If you have any questions regarding this capital call notice please contact Patty Watson at (202) 626-1277 or Megan McGovern at (202) 626-1275. </p><p>Thank you for the faith you have placed in us and we appreciate your prompt attention in addressing this notice.</p><p>Yours faithfully,</p><p>TCG Ventures Limited</p><p>TCG Ventures Limited General Partner TCG VENTURES LIMITED KIRK HOUSE, P.O. BOX 1100-G, GRAND CAYMAN, B.W.I. TELEPHONE (345) 949-7212 TELEFAX (345) 949-0993 TELEX CP4226</p><p>13 October 1997</p><p>VIA FAX TO : 1 212 805 2554 Total Number of Pages : 7 (including this page)</p><p>Jagan Reddy 33 East 67th Street New York, NY 10021 USA</p><p>Investment Vehicle : Carpal Holdings Limited Commitment : US$5,000,000</p><p>Dear Mr. Reddy,</p><p>We are pleased to notify you of the proposed investments of Carlyle Venture Partners, L.P. and its investing affiliates (collectively the “Fund”) in Pacific Telecom Cable, Inc. and Sight Resources Corporation. The Fund, along with certain parallel partnerships, are contributing a $5 million deposit toward an equity investment in Pacific Telecom Cable, Inc. as well as a $5,082,417 equity investment in Sight Resources Corporation. Detailed descriptions of these transactions are provided with this letter.</p><p>Pursuant to Section 3.1(a) of the Agreement of Limited Partnership dated 7 May 1997 (the “Agreement”), TCG Ventures Limited, as General Partner, is making a capital call for a Bridge Investment (as defined in the Agreement) in Pacific Telecom Cable, Inc. and an investment in Sight Resources Corporation. </p><p>Funding Obligation</p><p>The following summarizes your funding obligation for this capital call:</p><p>Bridge Investment in Pacific Telecom Cable, Inc. US$101,894 Investment in Sight Resources Corporation US$103,573 ------Total Funding Obligation US$205,467 Your total funding obligation of US$205,467 (please include any wiring fees with your payment) must be sent to us according to the following wiring instructions no later than 24 October 1997:</p><p>Chase Manhattan Bank N.A. New York ABA 021000021 For account Bank Julius Baer & Co. Ltd. New York account number 544 777 037 For onward credit Carlyle Venture Partners L.P.</p><p>Ref: Carpal Holdings Limited Attn: Peter W.C. Goulden</p><p>Additional Information</p><p>The attachment to this letter contains an overview of Pacific Telecom Cable, Inc. and Sight Resources Corporation. If you have any questions regarding the investment in Pacific Telecom Cable, Inc. please contact Brooke Coburn at (202) 347-2626. If you have any questions regarding the investment in Sight Resources Corporation please contact Ryan Schwarz at (202) 347-2626. If you have any questions regarding this capital call notice please contact Patty Watson at (202) 626-1277 or Megan McGovern at (202) 626-1275. </p><p>Thank you for the faith you have placed in us and we appreciate your prompt attention in addressing this notice.</p><p>Yours faithfully,</p><p>TCG Ventures Limited</p><p>TCG Ventures Limited General Partner TCG VENTURES LIMITED KIRK HOUSE, P.O. BOX 1100-G, GRAND CAYMAN, B.W.I. TELEPHONE (345) 949-7212 TELEFAX (345) 949-0993 TELEX CP4226</p><p>13 October 1997</p><p>VIA FAX TO : 011 41 1 241 6356 Total Number of Pages : 7 (including this page)</p><p>Mailing Schaeffner Reitergoisse 9-11 P.O. Box 131 Zurich 8027 Switzerland</p><p>Investment Vehicle : Davos Limited Commitment : US$1,000,000</p><p>Dear Ms. Schaeffner,</p><p>We are pleased to notify you of the proposed investments of Carlyle Venture Partners, L.P. and its investing affiliates (collectively the “Fund”) in Pacific Telecom Cable, Inc. and Sight Resources Corporation. The Fund, along with certain parallel partnerships, are contributing a $5 million deposit toward an equity investment in Pacific Telecom Cable, Inc. as well as a $5,082,417 equity investment in Sight Resources Corporation. Detailed descriptions of these transactions are provided with this letter.</p><p>Pursuant to Section 3.1(a) of the Agreement of Limited Partnership dated 7 May 1997 (the “Agreement”), TCG Ventures Limited, as General Partner, is making a capital call for a Bridge Investment (as defined in the Agreement) in Pacific Telecom Cable, Inc. and an investment in Sight Resources Corporation. </p><p>Funding Obligation</p><p>The following summarizes your funding obligation for this capital call:</p><p>Bridge Investment in Pacific Telecom Cable, Inc. US$20,379 Investment in Sight Resources Corporation US$20,715 ------Total Funding Obligation US$41,094 Your total funding obligation of US$41,094 (please include any wiring fees with your payment) must be sent to us according to the following wiring instructions no later than 24 October 1997:</p><p>Chase Manhattan Bank N.A. New York ABA 021000021 For account Bank Julius Baer & Co. Ltd. New York account number 544 777 037 For onward credit Carlyle Venture Partners L.P.</p><p>Ref: Davos Limited Attn: Peter W.C. Goulden</p><p>Additional Information</p><p>The attachment to this letter contains an overview of Pacific Telecom Cable, Inc. and Sight Resources Corporation. If you have any questions regarding the investment in Pacific Telecom Cable, Inc. please contact Brooke Coburn at (202) 347-2626. If you have any questions regarding the investment in Sight Resources Corporation please contact Ryan Schwarz at (202) 347-2626. If you have any questions regarding this capital call notice please contact Patty Watson at (202) 626-1277 or Megan McGovern at (202) 626-1275. </p><p>Thank you for the faith you have placed in us and we appreciate your prompt attention in addressing this notice.</p><p>Yours faithfully,</p><p>TCG Ventures Limited</p><p>TCG Ventures Limited General Partner TCG VENTURES LIMITED KIRK HOUSE, P.O. BOX 1100-G, GRAND CAYMAN, B.W.I. TELEPHONE (345) 949-7212 TELEFAX (345) 949-0993 TELEX CP4226</p><p>13 October 1997</p><p>VIA FAX TO : 011 41 22 317 5572 Total Number of Pages : 7 (including this page)</p><p>Jean Letore 16, Quai General Guisan P.O. Box 3496 Geneva - 3 CH-1211 Switzerland</p><p>Investment Vehicle : Davos Limited Commitment : US$1,000,000</p><p>Dear Mr. Letore,</p><p>We are pleased to notify you of the proposed investments of Carlyle Venture Partners, L.P. and its investing affiliates (collectively the “Fund”) in Pacific Telecom Cable, Inc. and Sight Resources Corporation. The Fund, along with certain parallel partnerships, are contributing a $5 million deposit toward an equity investment in Pacific Telecom Cable, Inc. as well as a $5,082,417 equity investment in Sight Resources Corporation. Detailed descriptions of these transactions are provided with this letter.</p><p>Pursuant to Section 3.1(a) of the Agreement of Limited Partnership dated 7 May 1997 (the “Agreement”), TCG Ventures Limited, as General Partner, is making a capital call for a Bridge Investment (as defined in the Agreement) in Pacific Telecom Cable, Inc. and an investment in Sight Resources Corporation. </p><p>Funding Obligation</p><p>The following summarizes your funding obligation for this capital call:</p><p>Bridge Investment in Pacific Telecom Cable, Inc. US$20,379 Investment in Sight Resources Corporation US$20,715 ------Total Funding Obligation US$41,094 Your total funding obligation of US$41,094 (please include any wiring fees with your payment) must be sent to us according to the following wiring instructions no later than 24 October 1997:</p><p>Chase Manhattan Bank N.A. New York ABA 021000021 For account Bank Julius Baer & Co. Ltd. New York account number 544 777 037 For onward credit Carlyle Venture Partners L.P.</p><p>Ref: Davos Limited Attn: Peter W.C. Goulden</p><p>Additional Information</p><p>The attachment to this letter contains an overview of Pacific Telecom Cable, Inc. and Sight Resources Corporation. If you have any questions regarding the investment in Pacific Telecom Cable, Inc. please contact Brooke Coburn at (202) 347-2626. If you have any questions regarding the investment in Sight Resources Corporation please contact Ryan Schwarz at (202) 347-2626. If you have any questions regarding this capital call notice please contact Patty Watson at (202) 626-1277 or Megan McGovern at (202) 626-1275. </p><p>Thank you for the faith you have placed in us and we appreciate your prompt attention in addressing this notice.</p><p>Yours faithfully,</p><p>TCG Ventures Limited</p><p>TCG Ventures Limited General Partner TCG VENTURES LIMITED KIRK HOUSE, P.O. BOX 1100-G, GRAND CAYMAN, B.W.I. TELEPHONE (345) 949-7212 TELEFAX (345) 949-0993 TELEX CP4226</p><p>13 October 1997</p><p>VIA FAX TO : 1(561) 338-7145 Total Number of Pages : 7 (including this page)</p><p>Felix A. Smolka 701 Sanctuary Drive Boca Raton, FL 33431</p><p>Investment Vehicle : Durant Trading, L.C. Commitment : US$1,000,000</p><p>Dear Felix Smolka,</p><p>We are pleased to notify you of the proposed investments of Carlyle Venture Partners, L.P. and its investing affiliates (collectively the “Fund”) in Pacific Telecom Cable, Inc. and Sight Resources Corporation. The Fund, along with certain parallel partnerships, are contributing a $5 million deposit toward an equity investment in Pacific Telecom Cable, Inc. as well as a $5,082,417 equity investment in Sight Resources Corporation. Detailed descriptions of these transactions are provided with this letter.</p><p>Pursuant to Section 3.1(a) of the Agreement of Limited Partnership dated 7 May 1997 (the “Agreement”), TCG Ventures Limited, as General Partner, is making a capital call for a Bridge Investment (as defined in the Agreement) in Pacific Telecom Cable, Inc. and an investment in Sight Resources Corporation. </p><p>Funding Obligation</p><p>The following summarizes your funding obligation for this capital call:</p><p>Bridge Investment in Pacific Telecom Cable, Inc. US$20,379 Investment in Sight Resources Corporation US$20,715 ------Total Funding Obligation US$41,094 Your total funding obligation of US$41,094 (please include any wiring fees with your payment) must be sent to us according to the following wiring instructions no later than 24 October 1997:</p><p>Chase Manhattan Bank N.A. New York ABA 021000021 For account Bank Julius Baer & Co. Ltd. New York account number 544 777 037 For onward credit Carlyle Venture Partners L.P.</p><p>Ref: Durant Trading, L.C. Attn: Peter W.C. Goulden</p><p>Additional Information</p><p>The attachment to this letter contains an overview of Pacific Telecom Cable, Inc. and Sight Resources Corporation. If you have any questions regarding the investment in Pacific Telecom Cable, Inc. please contact Brooke Coburn at (202) 347-2626. If you have any questions regarding the investment in Sight Resources Corporation please contact Ryan Schwarz at (202) 347-2626. If you have any questions regarding this capital call notice please contact Patty Watson at (202) 626-1277 or Megan McGovern at (202) 626-1275. </p><p>Thank you for the faith you have placed in us and we appreciate your prompt attention in addressing this notice.</p><p>Yours faithfully,</p><p>TCG Ventures Limited</p><p>TCG Ventures Limited General Partner TCG VENTURES LIMITED KIRK HOUSE, P.O. BOX 1100-G, GRAND CAYMAN, B.W.I. TELEPHONE (345) 949-7212 TELEFAX (345) 949-0993 TELEX CP4226</p><p>13 October 1997</p><p>VIA FAX TO : 011 44 1481 722 046 Total Number of Pages : 7 (including this page)</p><p>James McDonald P.O. Box 141, La Tonnelle House Les Banques St. Sampson GYI 3HS Guernsey, Channel Islands</p><p>Investment Vehicle : Fielding Holdings Limited Commitment : US$2,000,000</p><p>Dear Mr. McDonald,</p><p>We are pleased to notify you of the proposed investments of Carlyle Venture Partners, L.P. and its investing affiliates (collectively the “Fund”) in Pacific Telecom Cable, Inc. and Sight Resources Corporation. The Fund, along with certain parallel partnerships, are contributing a $5 million deposit toward an equity investment in Pacific Telecom Cable, Inc. as well as a $5,082,417 equity investment in Sight Resources Corporation. Detailed descriptions of these transactions are provided with this letter.</p><p>Pursuant to Section 3.1(a) of the Agreement of Limited Partnership dated 7 May 1997 (the “Agreement”), TCG Ventures Limited, as General Partner, is making a capital call for a Bridge Investment (as defined in the Agreement) in Pacific Telecom Cable, Inc. and an investment in Sight Resources Corporation. </p><p>Funding Obligation</p><p>The following summarizes your funding obligation for this capital call:</p><p>Bridge Investment in Pacific Telecom Cable, Inc. US$40,758 Investment in Sight Resources Corporation US$41,429 ------Total Funding Obligation US$82,187 Your total funding obligation of US$82,187 (please include any wiring fees with your payment) must be sent to us according to the following wiring instructions no later than 24 October 1997:</p><p>Chase Manhattan Bank N.A. New York ABA 021000021 For account Bank Julius Baer & Co. Ltd. New York account number 544 777 037 For onward credit Carlyle Venture Partners L.P.</p><p>Ref: Fielding Holdings Limited Attn: Peter W.C. Goulden</p><p>Additional Information</p><p>The attachment to this letter contains an overview of Pacific Telecom Cable, Inc. and Sight Resources Corporation. If you have any questions regarding the investment in Pacific Telecom Cable, Inc. please contact Brooke Coburn at (202) 347-2626. If you have any questions regarding the investment in Sight Resources Corporation please contact Ryan Schwarz at (202) 347-2626. If you have any questions regarding this capital call notice please contact Patty Watson at (202) 626-1277 or Megan McGovern at (202) 626-1275. </p><p>Thank you for the faith you have placed in us and we appreciate your prompt attention in addressing this notice.</p><p>Yours faithfully,</p><p>TCG Ventures Limited</p><p>TCG Ventures Limited General Partner TCG VENTURES LIMITED KIRK HOUSE, P.O. BOX 1100-G, GRAND CAYMAN, B.W.I. TELEPHONE (345) 949-7212 TELEFAX (345) 949-0993 TELEX CP4226</p><p>13 October 1997</p><p>VIA FAX TO : 1713 871 9938 Total Number of Pages : 7 (including this page)</p><p>Hani Qattan 5404 Cedar Creek Houston, TX 77056</p><p>Investment Vehicle : Fielding Holdings Limited Commitment : US$2,000,000</p><p>Dear Mr. Qattan,</p><p>We are pleased to notify you of the proposed investments of Carlyle Venture Partners, L.P. and its investing affiliates (collectively the “Fund”) in Pacific Telecom Cable, Inc. and Sight Resources Corporation. The Fund, along with certain parallel partnerships, are contributing a $5 million deposit toward an equity investment in Pacific Telecom Cable, Inc. as well as a $5,082,417 equity investment in Sight Resources Corporation. Detailed descriptions of these transactions are provided with this letter.</p><p>Pursuant to Section 3.1(a) of the Agreement of Limited Partnership dated 7 May 1997 (the “Agreement”), TCG Ventures Limited, as General Partner, is making a capital call for a Bridge Investment (as defined in the Agreement) in Pacific Telecom Cable, Inc. and an investment in Sight Resources Corporation. </p><p>Funding Obligation</p><p>The following summarizes your funding obligation for this capital call:</p><p>Bridge Investment in Pacific Telecom Cable, Inc. US$40,758 Investment in Sight Resources Corporation US$41,429 ------Total Funding Obligation US$82,187 Your total funding obligation of US$82,187 (please include any wiring fees with your payment) must be sent to us according to the following wiring instructions no later than 24 October 1997:</p><p>Chase Manhattan Bank N.A. New York ABA 021000021 For account Bank Julius Baer & Co. Ltd. New York account number 544 777 037 For onward credit Carlyle Venture Partners L.P.</p><p>Ref: Fielding Holdings Limited Attn: Peter W.C. Goulden</p><p>Additional Information</p><p>The attachment to this letter contains an overview of Pacific Telecom Cable, Inc. and Sight Resources Corporation. If you have any questions regarding the investment in Pacific Telecom Cable, Inc. please contact Brooke Coburn at (202) 347-2626. If you have any questions regarding the investment in Sight Resources Corporation please contact Ryan Schwarz at (202) 347-2626. If you have any questions regarding this capital call notice please contact Patty Watson at (202) 626-1277 or Megan McGovern at (202) 626-1275. </p><p>Thank you for the faith you have placed in us and we appreciate your prompt attention in addressing this notice.</p><p>Yours faithfully,</p><p>TCG Ventures Limited</p><p>TCG Ventures Limited General Partner TCG VENTURES LIMITED KIRK HOUSE, P.O. BOX 1100-G, GRAND CAYMAN, B.W.I. TELEPHONE (345) 949-7212 TELEFAX (345) 949-0993 TELEX CP4226</p><p>13 October 1997</p><p>VIA FAX TO : (33) 1 47 20 00 07 Total Number of Pages : 7 (including this page)</p><p>Elie Chkeiban 42, Rue de Bassano Paris F-75008 France</p><p>Investment Vehicle : Financial Investments Corp. LTD. Commitment : US$2,000,000</p><p>Dear Mr. Chkeiban,</p><p>We are pleased to notify you of the proposed investments of Carlyle Venture Partners, L.P. and its investing affiliates (collectively the “Fund”) in Pacific Telecom Cable, Inc. and Sight Resources Corporation. The Fund, along with certain parallel partnerships, are contributing a $5 million deposit toward an equity investment in Pacific Telecom Cable, Inc. as well as a $5,082,417 equity investment in Sight Resources Corporation. Detailed descriptions of these transactions are provided with this letter.</p><p>Pursuant to Section 3.1(a) of the Agreement of Limited Partnership dated 7 May 1997 (the “Agreement”), TCG Ventures Limited, as General Partner, is making a capital call for a Bridge Investment (as defined in the Agreement) in Pacific Telecom Cable, Inc. and an investment in Sight Resources Corporation. </p><p>Funding Obligation</p><p>The following summarizes your funding obligation for this capital call:</p><p>Bridge Investment in Pacific Telecom Cable, Inc. US$40,758 Investment in Sight Resources Corporation US$41,429 ------Total Funding Obligation US$82,187 Your total funding obligation of US$82,187 (please include any wiring fees with your payment) must be sent to us according to the following wiring instructions no later than 24 October 1997:</p><p>Chase Manhattan Bank N.A. New York ABA 021000021 For account Bank Julius Baer & Co. Ltd. New York account number 544 777 037 For onward credit Carlyle Venture Partners L.P.</p><p>Ref: Financial Investments Corp. LTD. Attn: Peter W.C. Goulden</p><p>Additional Information</p><p>The attachment to this letter contains an overview of Pacific Telecom Cable, Inc. and Sight Resources Corporation. If you have any questions regarding the investment in Pacific Telecom Cable, Inc. please contact Brooke Coburn at (202) 347-2626. If you have any questions regarding the investment in Sight Resources Corporation please contact Ryan Schwarz at (202) 347-2626. If you have any questions regarding this capital call notice please contact Patty Watson at (202) 626-1277 or Megan McGovern at (202) 626-1275. </p><p>Thank you for the faith you have placed in us and we appreciate your prompt attention in addressing this notice.</p><p>Yours faithfully,</p><p>TCG Ventures Limited</p><p>TCG Ventures Limited General Partner TCG VENTURES LIMITED KIRK HOUSE, P.O. BOX 1100-G, GRAND CAYMAN, B.W.I. TELEPHONE (345) 949-7212 TELEFAX (345) 949-0993 TELEX CP4226</p><p>13 October 1997</p><p>VIA FAX TO : (44) 1481 711 354 Total Number of Pages : 7 (including this page)</p><p>David Dickens P.O. Box 199 Victory House, Le Truchot Guernsey GY1 4GQ Channel Islands, UK</p><p>Investment Vehicle : Financial Investments Corp. LTD. Commitment : US$2,000,000</p><p>Dear Mr. Dickens,</p><p>We are pleased to notify you of the proposed investments of Carlyle Venture Partners, L.P. and its investing affiliates (collectively the “Fund”) in Pacific Telecom Cable, Inc. and Sight Resources Corporation. The Fund, along with certain parallel partnerships, are contributing a $5 million deposit toward an equity investment in Pacific Telecom Cable, Inc. as well as a $5,082,417 equity investment in Sight Resources Corporation. Detailed descriptions of these transactions are provided with this letter.</p><p>Pursuant to Section 3.1(a) of the Agreement of Limited Partnership dated 7 May 1997 (the “Agreement”), TCG Ventures Limited, as General Partner, is making a capital call for a Bridge Investment (as defined in the Agreement) in Pacific Telecom Cable, Inc. and an investment in Sight Resources Corporation. </p><p>Funding Obligation</p><p>The following summarizes your funding obligation for this capital call:</p><p>Bridge Investment in Pacific Telecom Cable, Inc. US$40,758 Investment in Sight Resources Corporation US$41,429 ------Total Funding Obligation US$82,187 Your total funding obligation of US$82,187 (please include any wiring fees with your payment) must be sent to us according to the following wiring instructions no later than 24 October 1997:</p><p>Chase Manhattan Bank N.A. New York ABA 021000021 For account Bank Julius Baer & Co. Ltd. New York account number 544 777 037 For onward credit Carlyle Venture Partners L.P.</p><p>Ref: Financial Investments Corp. LTD. Attn: Peter W.C. Goulden</p><p>Additional Information</p><p>The attachment to this letter contains an overview of Pacific Telecom Cable, Inc. and Sight Resources Corporation. If you have any questions regarding the investment in Pacific Telecom Cable, Inc. please contact Brooke Coburn at (202) 347-2626. If you have any questions regarding the investment in Sight Resources Corporation please contact Ryan Schwarz at (202) 347-2626. If you have any questions regarding this capital call notice please contact Patty Watson at (202) 626-1277 or Megan McGovern at (202) 626-1275. </p><p>Thank you for the faith you have placed in us and we appreciate your prompt attention in addressing this notice.</p><p>Yours faithfully,</p><p>TCG Ventures Limited</p><p>TCG Ventures Limited General Partner TCG VENTURES LIMITED KIRK HOUSE, P.O. BOX 1100-G, GRAND CAYMAN, B.W.I. TELEPHONE (345) 949-7212 TELEFAX (345) 949-0993 TELEX CP4226</p><p>13 October 1997</p><p>VIA FAX TO : 41-22-310-71-30 Total Number of Pages : 7 (including this page)</p><p>Mazen Zein 86 Rue du Rhone P.O. Box 3667 1211 Geneve 3 SWITZERLAND</p><p>Investment Vehicle : Financiere SBA (Suisse) S.A. Commitment : US$2,850,000</p><p>Dear Mr. Zein,</p><p>We are pleased to notify you of the proposed investments of Carlyle Venture Partners, L.P. and its investing affiliates (collectively the “Fund”) in Pacific Telecom Cable, Inc. and Sight Resources Corporation. The Fund, along with certain parallel partnerships, are contributing a $5 million deposit toward an equity investment in Pacific Telecom Cable, Inc. as well as a $5,082,417 equity investment in Sight Resources Corporation. Detailed descriptions of these transactions are provided with this letter.</p><p>Pursuant to Section 3.1(a) of the Agreement of Limited Partnership dated 7 May 1997 (the “Agreement”), TCG Ventures Limited, as General Partner, is making a capital call for a Bridge Investment (as defined in the Agreement) in Pacific Telecom Cable, Inc. and an investment in Sight Resources Corporation. </p><p>Funding Obligation</p><p>The following summarizes your funding obligation for this capital call:</p><p>Bridge Investment in Pacific Telecom Cable, Inc. US$58,079 Investment in Sight Resources Corporation US$59,037 ------Total Funding Obligation US$117,116 Your total funding obligation of US$117,116 (please include any wiring fees with your payment) must be sent to us according to the following wiring instructions no later than 24 October 1997:</p><p>Chase Manhattan Bank N.A. New York ABA 021000021 For account Bank Julius Baer & Co. Ltd. New York account number 544 777 037 For onward credit Carlyle Venture Partners L.P.</p><p>Ref: Financiere SBA (Suisse) S.A. Attn: Peter W.C. Goulden</p><p>Additional Information</p><p>The attachment to this letter contains an overview of Pacific Telecom Cable, Inc. and Sight Resources Corporation. If you have any questions regarding the investment in Pacific Telecom Cable, Inc. please contact Brooke Coburn at (202) 347-2626. If you have any questions regarding the investment in Sight Resources Corporation please contact Ryan Schwarz at (202) 347-2626. If you have any questions regarding this capital call notice please contact Patty Watson at (202) 626-1277 or Megan McGovern at (202) 626-1275. </p><p>Thank you for the faith you have placed in us and we appreciate your prompt attention in addressing this notice.</p><p>Yours faithfully,</p><p>TCG Ventures Limited</p><p>TCG Ventures Limited General Partner TCG VENTURES LIMITED KIRK HOUSE, P.O. BOX 1100-G, GRAND CAYMAN, B.W.I. TELEPHONE (345) 949-7212 TELEFAX (345) 949-0993 TELEX CP4226</p><p>13 October 1997</p><p>VIA FAX TO : 41-22-310-71-30 Total Number of Pages : 7 (including this page)</p><p>Ali Janoudi 86, Rue du Rhone P.O. Box 3667 1211 Geneve 3 SWITZERLAND</p><p>Investment Vehicle : Financiere SBA (Suisse) S.A. Commitment : US$2,850,000</p><p>Dear Mr. Janoudi,</p><p>We are pleased to notify you of the proposed investments of Carlyle Venture Partners, L.P. and its investing affiliates (collectively the “Fund”) in Pacific Telecom Cable, Inc. and Sight Resources Corporation. The Fund, along with certain parallel partnerships, are contributing a $5 million deposit toward an equity investment in Pacific Telecom Cable, Inc. as well as a $5,082,417 equity investment in Sight Resources Corporation. Detailed descriptions of these transactions are provided with this letter.</p><p>Pursuant to Section 3.1(a) of the Agreement of Limited Partnership dated 7 May 1997 (the “Agreement”), TCG Ventures Limited, as General Partner, is making a capital call for a Bridge Investment (as defined in the Agreement) in Pacific Telecom Cable, Inc. and an investment in Sight Resources Corporation. </p><p>Funding Obligation</p><p>The following summarizes your funding obligation for this capital call:</p><p>Bridge Investment in Pacific Telecom Cable, Inc. US$58,079 Investment in Sight Resources Corporation US$59,037 ------Total Funding Obligation US$117,116 Your total funding obligation of US$117,116 (please include any wiring fees with your payment) must be sent to us according to the following wiring instructions no later than 24 October 1997:</p><p>Chase Manhattan Bank N.A. New York ABA 021000021 For account Bank Julius Baer & Co. Ltd. New York account number 544 777 037 For onward credit Carlyle Venture Partners L.P.</p><p>Ref: Financiere SBA (Suisse) S.A. Attn: Peter W.C. Goulden</p><p>Additional Information</p><p>The attachment to this letter contains an overview of Pacific Telecom Cable, Inc. and Sight Resources Corporation. If you have any questions regarding the investment in Pacific Telecom Cable, Inc. please contact Brooke Coburn at (202) 347-2626. If you have any questions regarding the investment in Sight Resources Corporation please contact Ryan Schwarz at (202) 347-2626. If you have any questions regarding this capital call notice please contact Patty Watson at (202) 626-1277 or Megan McGovern at (202) 626-1275. </p><p>Thank you for the faith you have placed in us and we appreciate your prompt attention in addressing this notice.</p><p>Yours faithfully,</p><p>TCG Ventures Limited</p><p>TCG Ventures Limited General Partner TCG VENTURES LIMITED KIRK HOUSE, P.O. BOX 1100-G, GRAND CAYMAN, B.W.I. TELEPHONE (345) 949-7212 TELEFAX (345) 949-0993 TELEX CP4226</p><p>13 October 1997</p><p>VIA FAX TO : (41) 22 780 24 36 Total Number of Pages : 7 (including this page)</p><p>Gerald J. Meyer 7, Rue de la Bergère Meyrin CH-1217 Switzerland</p><p>Investment Vehicle : Firmenich International SA Commitment : US$5,000,000</p><p>Dear Mr. Meyer,</p><p>We are pleased to notify you of the proposed investments of Carlyle Venture Partners, L.P. and its investing affiliates (collectively the “Fund”) in Pacific Telecom Cable, Inc. and Sight Resources Corporation. The Fund, along with certain parallel partnerships, are contributing a $5 million deposit toward an equity investment in Pacific Telecom Cable, Inc. as well as a $5,082,417 equity investment in Sight Resources Corporation. Detailed descriptions of these transactions are provided with this letter.</p><p>Pursuant to Section 3.1(a) of the Agreement of Limited Partnership dated 7 May 1997 (the “Agreement”), TCG Ventures Limited, as General Partner, is making a capital call for a Bridge Investment (as defined in the Agreement) in Pacific Telecom Cable, Inc. and an investment in Sight Resources Corporation. </p><p>Funding Obligation</p><p>The following summarizes your funding obligation for this capital call:</p><p>Bridge Investment in Pacific Telecom Cable, Inc. US$101,894 Investment in Sight Resources Corporation US$103,573 ------Total Funding Obligation US$205,467 Your total funding obligation of US$205,467 (please include any wiring fees with your payment) must be sent to us according to the following wiring instructions no later than 24 October 1997:</p><p>Chase Manhattan Bank N.A. New York ABA 021000021 For account Bank Julius Baer & Co. Ltd. New York account number 544 777 037 For onward credit Carlyle Venture Partners L.P.</p><p>Ref: Firmenich International SA Attn: Peter W.C. Goulden</p><p>Additional Information</p><p>The attachment to this letter contains an overview of Pacific Telecom Cable, Inc. and Sight Resources Corporation. If you have any questions regarding the investment in Pacific Telecom Cable, Inc. please contact Brooke Coburn at (202) 347-2626. If you have any questions regarding the investment in Sight Resources Corporation please contact Ryan Schwarz at (202) 347-2626. If you have any questions regarding this capital call notice please contact Patty Watson at (202) 626-1277 or Megan McGovern at (202) 626-1275. </p><p>Thank you for the faith you have placed in us and we appreciate your prompt attention in addressing this notice.</p><p>Yours faithfully,</p><p>TCG Ventures Limited</p><p>TCG Ventures Limited General Partner TCG VENTURES LIMITED KIRK HOUSE, P.O. BOX 1100-G, GRAND CAYMAN, B.W.I. TELEPHONE (345) 949-7212 TELEFAX (345) 949-0993 TELEX CP4226</p><p>13 October 1997</p><p>VIA FAX TO : (966) 1 442 2203 Total Number of Pages : 7 (including this page)</p><p>Abdul-Amir Badrud-Din P.O. Box 930 Riyadh 11421 Saudi Arabia</p><p>Investment Vehicle : H.R.H. Prince Talal Bin Abdul-Aziz Commitment : US$1,000,000</p><p>Dear Dr. Badrud-Din,</p><p>We are pleased to notify you of the proposed investments of Carlyle Venture Partners, L.P. and its investing affiliates (collectively the “Fund”) in Pacific Telecom Cable, Inc. and Sight Resources Corporation. The Fund, along with certain parallel partnerships, are contributing a $5 million deposit toward an equity investment in Pacific Telecom Cable, Inc. as well as a $5,082,417 equity investment in Sight Resources Corporation. Detailed descriptions of these transactions are provided with this letter.</p><p>Pursuant to Section 3.1(a) of the Agreement of Limited Partnership dated 7 May 1997 (the “Agreement”), TCG Ventures Limited, as General Partner, is making a capital call for a Bridge Investment (as defined in the Agreement) in Pacific Telecom Cable, Inc. and an investment in Sight Resources Corporation. </p><p>Funding Obligation</p><p>The following summarizes your funding obligation for this capital call:</p><p>Bridge Investment in Pacific Telecom Cable, Inc. US$20,379 Investment in Sight Resources Corporation US$20,715 ------Total Funding Obligation US$41,094 Your total funding obligation of US$41,094 (please include any wiring fees with your payment) must be sent to us according to the following wiring instructions no later than 24 October 1997:</p><p>Chase Manhattan Bank N.A. New York ABA 021000021 For account Bank Julius Baer & Co. Ltd. New York account number 544 777 037 For onward credit Carlyle Venture Partners L.P.</p><p>Ref: H.R.H. Prince Talal Bin Abdul-Aziz Attn: Peter W.C. Goulden</p><p>Additional Information</p><p>The attachment to this letter contains an overview of Pacific Telecom Cable, Inc. and Sight Resources Corporation. If you have any questions regarding the investment in Pacific Telecom Cable, Inc. please contact Brooke Coburn at (202) 347-2626. If you have any questions regarding the investment in Sight Resources Corporation please contact Ryan Schwarz at (202) 347-2626. If you have any questions regarding this capital call notice please contact Patty Watson at (202) 626-1277 or Megan McGovern at (202) 626-1275. </p><p>Thank you for the faith you have placed in us and we appreciate your prompt attention in addressing this notice.</p><p>Yours faithfully,</p><p>TCG Ventures Limited</p><p>TCG Ventures Limited General Partner TCG VENTURES LIMITED KIRK HOUSE, P.O. BOX 1100-G, GRAND CAYMAN, B.W.I. TELEPHONE (345) 949-7212 TELEFAX (345) 949-0993 TELEX CP4226</p><p>13 October 1997</p><p>VIA FAX TO : 011 41 75 237 65 81 Total Number of Pages : 7 (including this page)</p><p>Urs Eichenberger P.O. Box 237 Vaduz/Liechtenstein FL-9490</p><p>Investment Vehicle : Hilmarton Investment S.A., Panama Commitment : US$10,000,000</p><p>Dear Mr. Eichenberger,</p><p>We are pleased to notify you of the proposed investments of Carlyle Venture Partners, L.P. and its investing affiliates (collectively the “Fund”) in Pacific Telecom Cable, Inc. and Sight Resources Corporation. The Fund, along with certain parallel partnerships, are contributing a $5 million deposit toward an equity investment in Pacific Telecom Cable, Inc. as well as a $5,082,417 equity investment in Sight Resources Corporation. Detailed descriptions of these transactions are provided with this letter.</p><p>Pursuant to Section 3.1(a) of the Agreement of Limited Partnership dated 7 May 1997 (the “Agreement”), TCG Ventures Limited, as General Partner, is making a capital call for a Bridge Investment (as defined in the Agreement) in Pacific Telecom Cable, Inc. and an investment in Sight Resources Corporation. </p><p>Funding Obligation</p><p>The following summarizes your funding obligation for this capital call:</p><p>Bridge Investment in Pacific Telecom Cable, Inc. US$203,788 Investment in Sight Resources Corporation US$207,147 ------Total Funding Obligation US$410,935 Your total funding obligation of US$410,935 (please include any wiring fees with your payment) must be sent to us according to the following wiring instructions no later than 24 October 1997:</p><p>Chase Manhattan Bank N.A. New York ABA 021000021 For account Bank Julius Baer & Co. Ltd. New York account number 544 777 037 For onward credit Carlyle Venture Partners L.P.</p><p>Ref: Hilmarton Investment S.A., Panama Attn: Peter W.C. Goulden</p><p>Additional Information</p><p>The attachment to this letter contains an overview of Pacific Telecom Cable, Inc. and Sight Resources Corporation. If you have any questions regarding the investment in Pacific Telecom Cable, Inc. please contact Brooke Coburn at (202) 347-2626. If you have any questions regarding the investment in Sight Resources Corporation please contact Ryan Schwarz at (202) 347-2626. If you have any questions regarding this capital call notice please contact Patty Watson at (202) 626-1277 or Megan McGovern at (202) 626-1275. </p><p>Thank you for the faith you have placed in us and we appreciate your prompt attention in addressing this notice.</p><p>Yours faithfully,</p><p>TCG Ventures Limited</p><p>TCG Ventures Limited General Partner TCG VENTURES LIMITED KIRK HOUSE, P.O. BOX 1100-G, GRAND CAYMAN, B.W.I. TELEPHONE (345) 949-7212 TELEFAX (345) 949-0993 TELEX CP4226</p><p>13 October 1997</p><p>VIA FAX TO : (974) 446 640 Total Number of Pages : 7 (including this page)</p><p>Jassim M. Jaidah P.O. Box 150 Dohar Arabian Gulf C R 44 State of Qatar</p><p>Investment Vehicle : Jaidah Motors & Trading Company Commitment : US$5,000,000</p><p>Dear Mr. Jaidah,</p><p>We are pleased to notify you of the proposed investments of Carlyle Venture Partners, L.P. and its investing affiliates (collectively the “Fund”) in Pacific Telecom Cable, Inc. and Sight Resources Corporation. The Fund, along with certain parallel partnerships, are contributing a $5 million deposit toward an equity investment in Pacific Telecom Cable, Inc. as well as a $5,082,417 equity investment in Sight Resources Corporation. Detailed descriptions of these transactions are provided with this letter.</p><p>Pursuant to Section 3.1(a) of the Agreement of Limited Partnership dated 7 May 1997 (the “Agreement”), TCG Ventures Limited, as General Partner, is making a capital call for a Bridge Investment (as defined in the Agreement) in Pacific Telecom Cable, Inc. and an investment in Sight Resources Corporation. </p><p>Funding Obligation</p><p>The following summarizes your funding obligation for this capital call:</p><p>Bridge Investment in Pacific Telecom Cable, Inc. US$101,894 Investment in Sight Resources Corporation US$103,573 ------Total Funding Obligation US$205,467 Your total funding obligation of US$205,467 (please include any wiring fees with your payment) must be sent to us according to the following wiring instructions no later than 24 October 1997:</p><p>Chase Manhattan Bank N.A. New York ABA 021000021 For account Bank Julius Baer & Co. Ltd. New York account number 544 777 037 For onward credit Carlyle Venture Partners L.P.</p><p>Ref: Jaidah Motors & Trading Company Attn: Peter W.C. Goulden</p><p>Additional Information</p><p>The attachment to this letter contains an overview of Pacific Telecom Cable, Inc. and Sight Resources Corporation. If you have any questions regarding the investment in Pacific Telecom Cable, Inc. please contact Brooke Coburn at (202) 347-2626. If you have any questions regarding the investment in Sight Resources Corporation please contact Ryan Schwarz at (202) 347-2626. If you have any questions regarding this capital call notice please contact Patty Watson at (202) 626-1277 or Megan McGovern at (202) 626-1275. </p><p>Thank you for the faith you have placed in us and we appreciate your prompt attention in addressing this notice.</p><p>Yours faithfully,</p><p>TCG Ventures Limited</p><p>TCG Ventures Limited General Partner TCG VENTURES LIMITED KIRK HOUSE, P.O. BOX 1100-G, GRAND CAYMAN, B.W.I. TELEPHONE (345) 949-7212 TELEFAX (345) 949-0993 TELEX CP4226</p><p>13 October 1997</p><p>VIA FAX TO : (974) 414100 Total Number of Pages : 7 (including this page)</p><p>Geoff Newnham P.O. Box 150 DOHA State of Qatar, Arabian Gulf</p><p>Investment Vehicle : Jaidah Motors & Trading Company Commitment : US$5,000,000</p><p>Dear Mr. Newnham,</p><p>We are pleased to notify you of the proposed investments of Carlyle Venture Partners, L.P. and its investing affiliates (collectively the “Fund”) in Pacific Telecom Cable, Inc. and Sight Resources Corporation. The Fund, along with certain parallel partnerships, are contributing a $5 million deposit toward an equity investment in Pacific Telecom Cable, Inc. as well as a $5,082,417 equity investment in Sight Resources Corporation. Detailed descriptions of these transactions are provided with this letter.</p><p>Pursuant to Section 3.1(a) of the Agreement of Limited Partnership dated 7 May 1997 (the “Agreement”), TCG Ventures Limited, as General Partner, is making a capital call for a Bridge Investment (as defined in the Agreement) in Pacific Telecom Cable, Inc. and an investment in Sight Resources Corporation. </p><p>Funding Obligation</p><p>The following summarizes your funding obligation for this capital call:</p><p>Bridge Investment in Pacific Telecom Cable, Inc. US$101,894 Investment in Sight Resources Corporation US$103,573 ------Total Funding Obligation US$205,467 Your total funding obligation of US$205,467 (please include any wiring fees with your payment) must be sent to us according to the following wiring instructions no later than 24 October 1997:</p><p>Chase Manhattan Bank N.A. New York ABA 021000021 For account Bank Julius Baer & Co. Ltd. New York account number 544 777 037 For onward credit Carlyle Venture Partners L.P.</p><p>Ref: Jaidah Motors & Trading Company Attn: Peter W.C. Goulden</p><p>Additional Information</p><p>The attachment to this letter contains an overview of Pacific Telecom Cable, Inc. and Sight Resources Corporation. If you have any questions regarding the investment in Pacific Telecom Cable, Inc. please contact Brooke Coburn at (202) 347-2626. If you have any questions regarding the investment in Sight Resources Corporation please contact Ryan Schwarz at (202) 347-2626. If you have any questions regarding this capital call notice please contact Patty Watson at (202) 626-1277 or Megan McGovern at (202) 626-1275. </p><p>Thank you for the faith you have placed in us and we appreciate your prompt attention in addressing this notice.</p><p>Yours faithfully,</p><p>TCG Ventures Limited</p><p>TCG Ventures Limited General Partner TCG VENTURES LIMITED KIRK HOUSE, P.O. BOX 1100-G, GRAND CAYMAN, B.W.I. TELEPHONE (345) 949-7212 TELEFAX (345) 949-0993 TELEX CP4226</p><p>13 October 1997</p><p>VIA FAX TO : 011 965 240 8802 Total Number of Pages : 7 (including this page)</p><p>Adnan Al-Sultan Real Estate & Investments Dpt P.O. Box 64 Safat 13001 Kuwait</p><p>Investment Vehicle : Kuwait Investment Authority "as Agent for the Government of the State of Kuwait" Commitment : US$10,000,000</p><p>Dear Dr. Al-Sultan,</p><p>We are pleased to notify you of the proposed investments of Carlyle Venture Partners, L.P. and its investing affiliates (collectively the “Fund”) in Pacific Telecom Cable, Inc. and Sight Resources Corporation. The Fund, along with certain parallel partnerships, are contributing a $5 million deposit toward an equity investment in Pacific Telecom Cable, Inc. as well as a $5,082,417 equity investment in Sight Resources Corporation. Detailed descriptions of these transactions are provided with this letter.</p><p>Pursuant to Section 3.1(a) of the Agreement of Limited Partnership dated 7 May 1997 (the “Agreement”), TCG Ventures Limited, as General Partner, is making a capital call for a Bridge Investment (as defined in the Agreement) in Pacific Telecom Cable, Inc. and an investment in Sight Resources Corporation. </p><p>Funding Obligation</p><p>The following summarizes your funding obligation for this capital call:</p><p>Bridge Investment in Pacific Telecom Cable, Inc. US$203,788 Investment in Sight Resources Corporation US$207,147 ------Total Funding Obligation US$410,935 Your total funding obligation of US$410,935 (please include any wiring fees with your payment) must be sent to us according to the following wiring instructions no later than 24 October 1997:</p><p>Chase Manhattan Bank N.A. New York ABA 021000021 For account Bank Julius Baer & Co. Ltd. New York account number 544 777 037 For onward credit Carlyle Venture Partners L.P.</p><p>Ref: Kuwait Investment Authority "as Agent for the Government of the State of Kuwait" Attn: Peter W.C. Goulden</p><p>Additional Information</p><p>The attachment to this letter contains an overview of Pacific Telecom Cable, Inc. and Sight Resources Corporation. If you have any questions regarding the investment in Pacific Telecom Cable, Inc. please contact Brooke Coburn at (202) 347-2626. If you have any questions regarding the investment in Sight Resources Corporation please contact Ryan Schwarz at (202) 347-2626. If you have any questions regarding this capital call notice please contact Patty Watson at (202) 626-1277 or Megan McGovern at (202) 626-1275. </p><p>Thank you for the faith you have placed in us and we appreciate your prompt attention in addressing this notice.</p><p>Yours faithfully,</p><p>TCG Ventures Limited</p><p>TCG Ventures Limited General Partner TCG VENTURES LIMITED KIRK HOUSE, P.O. BOX 1100-G, GRAND CAYMAN, B.W.I. TELEPHONE (345) 949-7212 TELEFAX (345) 949-0993 TELEX CP4226</p><p>13 October 1997</p><p>VIA FAX TO : 011 41 1 241 6356 Total Number of Pages : 7 (including this page)</p><p>Mailing Schaeffner Reitergoisse 9-11 P.O. Box 131 Zurich 8027 Switzerland</p><p>Investment Vehicle : Libra Limited Commitment : US$5,000,000</p><p>Dear Ms. Schaeffner,</p><p>We are pleased to notify you of the proposed investments of Carlyle Venture Partners, L.P. and its investing affiliates (collectively the “Fund”) in Pacific Telecom Cable, Inc. and Sight Resources Corporation. The Fund, along with certain parallel partnerships, are contributing a $5 million deposit toward an equity investment in Pacific Telecom Cable, Inc. as well as a $5,082,417 equity investment in Sight Resources Corporation. Detailed descriptions of these transactions are provided with this letter.</p><p>Pursuant to Section 3.1(a) of the Agreement of Limited Partnership dated 7 May 1997 (the “Agreement”), TCG Ventures Limited, as General Partner, is making a capital call for a Bridge Investment (as defined in the Agreement) in Pacific Telecom Cable, Inc. and an investment in Sight Resources Corporation. </p><p>Funding Obligation</p><p>The following summarizes your funding obligation for this capital call:</p><p>Bridge Investment in Pacific Telecom Cable, Inc. US$101,894 Investment in Sight Resources Corporation US$103,573 ------Total Funding Obligation US$205,467 Your total funding obligation of US$205,467 (please include any wiring fees with your payment) must be sent to us according to the following wiring instructions no later than 24 October 1997:</p><p>Chase Manhattan Bank N.A. New York ABA 021000021 For account Bank Julius Baer & Co. Ltd. New York account number 544 777 037 For onward credit Carlyle Venture Partners L.P.</p><p>Ref: Libra Limited Attn: Peter W.C. Goulden</p><p>Additional Information</p><p>The attachment to this letter contains an overview of Pacific Telecom Cable, Inc. and Sight Resources Corporation. If you have any questions regarding the investment in Pacific Telecom Cable, Inc. please contact Brooke Coburn at (202) 347-2626. If you have any questions regarding the investment in Sight Resources Corporation please contact Ryan Schwarz at (202) 347-2626. If you have any questions regarding this capital call notice please contact Patty Watson at (202) 626-1277 or Megan McGovern at (202) 626-1275. </p><p>Thank you for the faith you have placed in us and we appreciate your prompt attention in addressing this notice.</p><p>Yours faithfully,</p><p>TCG Ventures Limited</p><p>TCG Ventures Limited General Partner TCG VENTURES LIMITED KIRK HOUSE, P.O. BOX 1100-G, GRAND CAYMAN, B.W.I. TELEPHONE (345) 949-7212 TELEFAX (345) 949-0993 TELEX CP4226</p><p>13 October 1997</p><p>VIA FAX TO : 011 41 22 317 5572 Total Number of Pages : 7 (including this page)</p><p>Jean Letore 16, Quai General Guisan P.O. Box 3496 Geneva - 3 CH-1211 Switzerland</p><p>Investment Vehicle : Libra Limited Commitment : US$5,000,000</p><p>Dear Mr. Letore,</p><p>We are pleased to notify you of the proposed investments of Carlyle Venture Partners, L.P. and its investing affiliates (collectively the “Fund”) in Pacific Telecom Cable, Inc. and Sight Resources Corporation. The Fund, along with certain parallel partnerships, are contributing a $5 million deposit toward an equity investment in Pacific Telecom Cable, Inc. as well as a $5,082,417 equity investment in Sight Resources Corporation. Detailed descriptions of these transactions are provided with this letter.</p><p>Pursuant to Section 3.1(a) of the Agreement of Limited Partnership dated 7 May 1997 (the “Agreement”), TCG Ventures Limited, as General Partner, is making a capital call for a Bridge Investment (as defined in the Agreement) in Pacific Telecom Cable, Inc. and an investment in Sight Resources Corporation. </p><p>Funding Obligation</p><p>The following summarizes your funding obligation for this capital call:</p><p>Bridge Investment in Pacific Telecom Cable, Inc. US$101,894 Investment in Sight Resources Corporation US$103,573 ------Total Funding Obligation US$205,467 Your total funding obligation of US$205,467 (please include any wiring fees with your payment) must be sent to us according to the following wiring instructions no later than 24 October 1997:</p><p>Chase Manhattan Bank N.A. New York ABA 021000021 For account Bank Julius Baer & Co. Ltd. New York account number 544 777 037 For onward credit Carlyle Venture Partners L.P.</p><p>Ref: Libra Limited Attn: Peter W.C. Goulden</p><p>Additional Information</p><p>The attachment to this letter contains an overview of Pacific Telecom Cable, Inc. and Sight Resources Corporation. If you have any questions regarding the investment in Pacific Telecom Cable, Inc. please contact Brooke Coburn at (202) 347-2626. If you have any questions regarding the investment in Sight Resources Corporation please contact Ryan Schwarz at (202) 347-2626. If you have any questions regarding this capital call notice please contact Patty Watson at (202) 626-1277 or Megan McGovern at (202) 626-1275. </p><p>Thank you for the faith you have placed in us and we appreciate your prompt attention in addressing this notice.</p><p>Yours faithfully,</p><p>TCG Ventures Limited</p><p>TCG Ventures Limited General Partner TCG VENTURES LIMITED KIRK HOUSE, P.O. BOX 1100-G, GRAND CAYMAN, B.W.I. TELEPHONE (345) 949-7212 TELEFAX (345) 949-0993 TELEX CP4226</p><p>13 October 1997</p><p>VIA FAX TO : 1(561) 338-7145 Total Number of Pages : 7 (including this page)</p><p>Felix A. Smolka 701 Sanctuary Drive Boca Raton, FL 33431</p><p>Investment Vehicle : Milestone Development Corporation Commitment : US$1,000,000</p><p>Dear Felix Smolka,</p><p>We are pleased to notify you of the proposed investments of Carlyle Venture Partners, L.P. and its investing affiliates (collectively the “Fund”) in Pacific Telecom Cable, Inc. and Sight Resources Corporation. The Fund, along with certain parallel partnerships, are contributing a $5 million deposit toward an equity investment in Pacific Telecom Cable, Inc. as well as a $5,082,417 equity investment in Sight Resources Corporation. Detailed descriptions of these transactions are provided with this letter.</p><p>Pursuant to Section 3.1(a) of the Agreement of Limited Partnership dated 7 May 1997 (the “Agreement”), TCG Ventures Limited, as General Partner, is making a capital call for a Bridge Investment (as defined in the Agreement) in Pacific Telecom Cable, Inc. and an investment in Sight Resources Corporation. </p><p>Funding Obligation</p><p>The following summarizes your funding obligation for this capital call:</p><p>Bridge Investment in Pacific Telecom Cable, Inc. US$20,379 Investment in Sight Resources Corporation US$20,715 ------Total Funding Obligation US$41,094 Your total funding obligation of US$41,094 (please include any wiring fees with your payment) must be sent to us according to the following wiring instructions no later than 24 October 1997:</p><p>Chase Manhattan Bank N.A. New York ABA 021000021 For account Bank Julius Baer & Co. Ltd. New York account number 544 777 037 For onward credit Carlyle Venture Partners L.P.</p><p>Ref: Milestone Development Corporation Attn: Peter W.C. Goulden</p><p>Additional Information</p><p>The attachment to this letter contains an overview of Pacific Telecom Cable, Inc. and Sight Resources Corporation. If you have any questions regarding the investment in Pacific Telecom Cable, Inc. please contact Brooke Coburn at (202) 347-2626. If you have any questions regarding the investment in Sight Resources Corporation please contact Ryan Schwarz at (202) 347-2626. If you have any questions regarding this capital call notice please contact Patty Watson at (202) 626-1277 or Megan McGovern at (202) 626-1275. </p><p>Thank you for the faith you have placed in us and we appreciate your prompt attention in addressing this notice.</p><p>Yours faithfully,</p><p>TCG Ventures Limited</p><p>TCG Ventures Limited General Partner TCG VENTURES LIMITED KIRK HOUSE, P.O. BOX 1100-G, GRAND CAYMAN, B.W.I. TELEPHONE (345) 949-7212 TELEFAX (345) 949-0993 TELEX CP4226</p><p>13 October 1997</p><p>VIA FAX TO : 011 41 1 224 3888 Total Number of Pages : 7 (including this page)</p><p>Hans Bruderer P.O. Box 4455 Zurich 8022 Switzerland</p><p>Investment Vehicle : Mohamed Abdulrahman Al-Bahar Commitment : US$5,000,000</p><p>Dear Mr. Bruderer,</p><p>We are pleased to notify you of the proposed investments of Carlyle Venture Partners, L.P. and its investing affiliates (collectively the “Fund”) in Pacific Telecom Cable, Inc. and Sight Resources Corporation. The Fund, along with certain parallel partnerships, are contributing a $5 million deposit toward an equity investment in Pacific Telecom Cable, Inc. as well as a $5,082,417 equity investment in Sight Resources Corporation. Detailed descriptions of these transactions are provided with this letter.</p><p>Pursuant to Section 3.1(a) of the Agreement of Limited Partnership dated 7 May 1997 (the “Agreement”), TCG Ventures Limited, as General Partner, is making a capital call for a Bridge Investment (as defined in the Agreement) in Pacific Telecom Cable, Inc. and an investment in Sight Resources Corporation. </p><p>Funding Obligation</p><p>The following summarizes your funding obligation for this capital call:</p><p>Bridge Investment in Pacific Telecom Cable, Inc. US$101,894 Investment in Sight Resources Corporation US$103,573 ------Total Funding Obligation US$205,467 Your total funding obligation of US$205,467 (please include any wiring fees with your payment) must be sent to us according to the following wiring instructions no later than 24 October 1997:</p><p>Chase Manhattan Bank N.A. New York ABA 021000021 For account Bank Julius Baer & Co. Ltd. New York account number 544 777 037 For onward credit Carlyle Venture Partners L.P.</p><p>Ref: Mohamed Abdulrahman Al-Bahar Attn: Peter W.C. Goulden</p><p>Additional Information</p><p>The attachment to this letter contains an overview of Pacific Telecom Cable, Inc. and Sight Resources Corporation. If you have any questions regarding the investment in Pacific Telecom Cable, Inc. please contact Brooke Coburn at (202) 347-2626. If you have any questions regarding the investment in Sight Resources Corporation please contact Ryan Schwarz at (202) 347-2626. If you have any questions regarding this capital call notice please contact Patty Watson at (202) 626-1277 or Megan McGovern at (202) 626-1275. </p><p>Thank you for the faith you have placed in us and we appreciate your prompt attention in addressing this notice.</p><p>Yours faithfully,</p><p>TCG Ventures Limited</p><p>TCG Ventures Limited General Partner TCG VENTURES LIMITED KIRK HOUSE, P.O. BOX 1100-G, GRAND CAYMAN, B.W.I. TELEPHONE (345) 949-7212 TELEFAX (345) 949-0993 TELEX CP4226</p><p>13 October 1997</p><p>VIA FAX TO : 011 41 22 310 0400 Total Number of Pages : 7 (including this page)</p><p>David W. Huyette c/o Unifund S.A. 30, rue du Rhone Geneva 1204 Switzerland</p><p>Investment Vehicle : Morley Investments Limited Commitment : US$10,000,000</p><p>Dear Mr. Huyette,</p><p>We are pleased to notify you of the proposed investments of Carlyle Venture Partners, L.P. and its investing affiliates (collectively the “Fund”) in Pacific Telecom Cable, Inc. and Sight Resources Corporation. The Fund, along with certain parallel partnerships, are contributing a $5 million deposit toward an equity investment in Pacific Telecom Cable, Inc. as well as a $5,082,417 equity investment in Sight Resources Corporation. Detailed descriptions of these transactions are provided with this letter.</p><p>Pursuant to Section 3.1(a) of the Agreement of Limited Partnership dated 7 May 1997 (the “Agreement”), TCG Ventures Limited, as General Partner, is making a capital call for a Bridge Investment (as defined in the Agreement) in Pacific Telecom Cable, Inc. and an investment in Sight Resources Corporation. </p><p>Funding Obligation</p><p>The following summarizes your funding obligation for this capital call:</p><p>Bridge Investment in Pacific Telecom Cable, Inc. US$203,788 Investment in Sight Resources Corporation US$207,147 ------Total Funding Obligation US$410,935 Your total funding obligation of US$410,935 (please include any wiring fees with your payment) must be sent to us according to the following wiring instructions no later than 24 October 1997:</p><p>Chase Manhattan Bank N.A. New York ABA 021000021 For account Bank Julius Baer & Co. Ltd. New York account number 544 777 037 For onward credit Carlyle Venture Partners L.P.</p><p>Ref: Morley Investments Limited Attn: Peter W.C. Goulden</p><p>Additional Information</p><p>The attachment to this letter contains an overview of Pacific Telecom Cable, Inc. and Sight Resources Corporation. If you have any questions regarding the investment in Pacific Telecom Cable, Inc. please contact Brooke Coburn at (202) 347-2626. If you have any questions regarding the investment in Sight Resources Corporation please contact Ryan Schwarz at (202) 347-2626. If you have any questions regarding this capital call notice please contact Patty Watson at (202) 626-1277 or Megan McGovern at (202) 626-1275. </p><p>Thank you for the faith you have placed in us and we appreciate your prompt attention in addressing this notice.</p><p>Yours faithfully,</p><p>TCG Ventures Limited</p><p>TCG Ventures Limited General Partner TCG VENTURES LIMITED KIRK HOUSE, P.O. BOX 1100-G, GRAND CAYMAN, B.W.I. TELEPHONE (345) 949-7212 TELEFAX (345) 949-0993 TELEX CP4226</p><p>13 October 1997</p><p>VIA FAX TO : 41-22-310-0400 Total Number of Pages : 7 (including this page)</p><p>Robert S. Novak 30, rue du Rhone Geneva 1204 SWITZERLAND</p><p>Investment Vehicle : Morley Investments Limited Commitment : US$10,000,000</p><p>Dear Mr. Novak,</p><p>We are pleased to notify you of the proposed investments of Carlyle Venture Partners, L.P. and its investing affiliates (collectively the “Fund”) in Pacific Telecom Cable, Inc. and Sight Resources Corporation. The Fund, along with certain parallel partnerships, are contributing a $5 million deposit toward an equity investment in Pacific Telecom Cable, Inc. as well as a $5,082,417 equity investment in Sight Resources Corporation. Detailed descriptions of these transactions are provided with this letter.</p><p>Pursuant to Section 3.1(a) of the Agreement of Limited Partnership dated 7 May 1997 (the “Agreement”), TCG Ventures Limited, as General Partner, is making a capital call for a Bridge Investment (as defined in the Agreement) in Pacific Telecom Cable, Inc. and an investment in Sight Resources Corporation. </p><p>Funding Obligation</p><p>The following summarizes your funding obligation for this capital call:</p><p>Bridge Investment in Pacific Telecom Cable, Inc. US$203,788 Investment in Sight Resources Corporation US$207,147 ------Total Funding Obligation US$410,935 Your total funding obligation of US$410,935 (please include any wiring fees with your payment) must be sent to us according to the following wiring instructions no later than 24 October 1997:</p><p>Chase Manhattan Bank N.A. New York ABA 021000021 For account Bank Julius Baer & Co. Ltd. New York account number 544 777 037 For onward credit Carlyle Venture Partners L.P.</p><p>Ref: Morley Investments Limited Attn: Peter W.C. Goulden</p><p>Additional Information</p><p>The attachment to this letter contains an overview of Pacific Telecom Cable, Inc. and Sight Resources Corporation. If you have any questions regarding the investment in Pacific Telecom Cable, Inc. please contact Brooke Coburn at (202) 347-2626. If you have any questions regarding the investment in Sight Resources Corporation please contact Ryan Schwarz at (202) 347-2626. If you have any questions regarding this capital call notice please contact Patty Watson at (202) 626-1277 or Megan McGovern at (202) 626-1275. </p><p>Thank you for the faith you have placed in us and we appreciate your prompt attention in addressing this notice.</p><p>Yours faithfully,</p><p>TCG Ventures Limited</p><p>TCG Ventures Limited General Partner TCG VENTURES LIMITED KIRK HOUSE, P.O. BOX 1100-G, GRAND CAYMAN, B.W.I. TELEPHONE (345) 949-7212 TELEFAX (345) 949-0993 TELEX CP4226</p><p>13 October 1997</p><p>VIA FAX TO : (41) 22 709 2930 Total Number of Pages : 7 (including this page)</p><p>Christophe Lambotte 11, Rue de la Corraterie Geneva CH-1204 Switzerland</p><p>Investment Vehicle : Nicolaus R.A. Springer Commitment : US$2,500,000</p><p>Dear Mr. Lambotte,</p><p>We are pleased to notify you of the proposed investments of Carlyle Venture Partners, L.P. and its investing affiliates (collectively the “Fund”) in Pacific Telecom Cable, Inc. and Sight Resources Corporation. The Fund, along with certain parallel partnerships, are contributing a $5 million deposit toward an equity investment in Pacific Telecom Cable, Inc. as well as a $5,082,417 equity investment in Sight Resources Corporation. Detailed descriptions of these transactions are provided with this letter.</p><p>Pursuant to Section 3.1(a) of the Agreement of Limited Partnership dated 7 May 1997 (the “Agreement”), TCG Ventures Limited, as General Partner, is making a capital call for a Bridge Investment (as defined in the Agreement) in Pacific Telecom Cable, Inc. and an investment in Sight Resources Corporation. </p><p>Funding Obligation</p><p>The following summarizes your funding obligation for this capital call:</p><p>Bridge Investment in Pacific Telecom Cable, Inc. US$50,947 Investment in Sight Resources Corporation US$51,787 ------Total Funding Obligation US$102,734 Your total funding obligation of US$102,734 (please include any wiring fees with your payment) must be sent to us according to the following wiring instructions no later than 24 October 1997:</p><p>Chase Manhattan Bank N.A. New York ABA 021000021 For account Bank Julius Baer & Co. Ltd. New York account number 544 777 037 For onward credit Carlyle Venture Partners L.P.</p><p>Ref: Nicolaus R.A. Springer Attn: Peter W.C. Goulden</p><p>Additional Information</p><p>The attachment to this letter contains an overview of Pacific Telecom Cable, Inc. and Sight Resources Corporation. If you have any questions regarding the investment in Pacific Telecom Cable, Inc. please contact Brooke Coburn at (202) 347-2626. If you have any questions regarding the investment in Sight Resources Corporation please contact Ryan Schwarz at (202) 347-2626. If you have any questions regarding this capital call notice please contact Patty Watson at (202) 626-1277 or Megan McGovern at (202) 626-1275. </p><p>Thank you for the faith you have placed in us and we appreciate your prompt attention in addressing this notice.</p><p>Yours faithfully,</p><p>TCG Ventures Limited</p><p>TCG Ventures Limited General Partner TCG VENTURES LIMITED KIRK HOUSE, P.O. BOX 1100-G, GRAND CAYMAN, B.W.I. TELEPHONE (345) 949-7212 TELEFAX (345) 949-0993 TELEX CP4226</p><p>13 October 1997</p><p>VIA FAX TO : 011 968 70 7519 Total Number of Pages : 7 (including this page)</p><p>Deeptak Atal P.O. Box 3886, RUWI Postal Code 112 Sultanate of Oman</p><p>Investment Vehicle : Oman International Development & Investment Co. SAOG Commitment : US$2,800,000</p><p>Dear Mr. Atal,</p><p>We are pleased to notify you of the proposed investments of Carlyle Venture Partners, L.P. and its investing affiliates (collectively the “Fund”) in Pacific Telecom Cable, Inc. and Sight Resources Corporation. The Fund, along with certain parallel partnerships, are contributing a $5 million deposit toward an equity investment in Pacific Telecom Cable, Inc. as well as a $5,082,417 equity investment in Sight Resources Corporation. Detailed descriptions of these transactions are provided with this letter.</p><p>Pursuant to Section 3.1(a) of the Agreement of Limited Partnership dated 7 May 1997 (the “Agreement”), TCG Ventures Limited, as General Partner, is making a capital call for a Bridge Investment (as defined in the Agreement) in Pacific Telecom Cable, Inc. and an investment in Sight Resources Corporation. </p><p>Funding Obligation</p><p>The following summarizes your funding obligation for this capital call:</p><p>Bridge Investment in Pacific Telecom Cable, Inc. US$57,061 Investment in Sight Resources Corporation US$58,001 ------Total Funding Obligation US$115,062 Your total funding obligation of US$115,062 (please include any wiring fees with your payment) must be sent to us according to the following wiring instructions no later than 24 October 1997:</p><p>Chase Manhattan Bank N.A. New York ABA 021000021 For account Bank Julius Baer & Co. Ltd. New York account number 544 777 037 For onward credit Carlyle Venture Partners L.P.</p><p>Ref: Oman International Development & Investment Co. SAOG Attn: Peter W.C. Goulden</p><p>Additional Information</p><p>The attachment to this letter contains an overview of Pacific Telecom Cable, Inc. and Sight Resources Corporation. If you have any questions regarding the investment in Pacific Telecom Cable, Inc. please contact Brooke Coburn at (202) 347-2626. If you have any questions regarding the investment in Sight Resources Corporation please contact Ryan Schwarz at (202) 347-2626. If you have any questions regarding this capital call notice please contact Patty Watson at (202) 626-1277 or Megan McGovern at (202) 626-1275. </p><p>Thank you for the faith you have placed in us and we appreciate your prompt attention in addressing this notice.</p><p>Yours faithfully,</p><p>TCG Ventures Limited</p><p>TCG Ventures Limited General Partner TCG VENTURES LIMITED KIRK HOUSE, P.O. BOX 1100-G, GRAND CAYMAN, B.W.I. TELEPHONE (345) 949-7212 TELEFAX (345) 949-0993 TELEX CP4226</p><p>13 October 1997</p><p>VIA FAX TO : 011 44 171 402 6306 Total Number of Pages : 7 (including this page)</p><p>Nickas G. Homsy c/o London Representative Offc 104 Lancaster Gate London W2 3NT United Kingdom</p><p>Investment Vehicle : Oryx Merchant Bank Limited Commitment : US$1,500,000</p><p>Dear Mr. Homsy,</p><p>We are pleased to notify you of the proposed investments of Carlyle Venture Partners, L.P. and its investing affiliates (collectively the “Fund”) in Pacific Telecom Cable, Inc. and Sight Resources Corporation. The Fund, along with certain parallel partnerships, are contributing a $5 million deposit toward an equity investment in Pacific Telecom Cable, Inc. as well as a $5,082,417 equity investment in Sight Resources Corporation. Detailed descriptions of these transactions are provided with this letter.</p><p>Pursuant to Section 3.1(a) of the Agreement of Limited Partnership dated 7 May 1997 (the “Agreement”), TCG Ventures Limited, as General Partner, is making a capital call for a Bridge Investment (as defined in the Agreement) in Pacific Telecom Cable, Inc. and an investment in Sight Resources Corporation. </p><p>Funding Obligation</p><p>The following summarizes your funding obligation for this capital call:</p><p>Bridge Investment in Pacific Telecom Cable, Inc. US$30,568 Investment in Sight Resources Corporation US$31,072 ------Total Funding Obligation US$61,640 Your total funding obligation of US$61,640 (please include any wiring fees with your payment) must be sent to us according to the following wiring instructions no later than 24 October 1997:</p><p>Chase Manhattan Bank N.A. New York ABA 021000021 For account Bank Julius Baer & Co. Ltd. New York account number 544 777 037 For onward credit Carlyle Venture Partners L.P.</p><p>Ref: Oryx Merchant Bank Limited Attn: Peter W.C. Goulden</p><p>Additional Information</p><p>The attachment to this letter contains an overview of Pacific Telecom Cable, Inc. and Sight Resources Corporation. If you have any questions regarding the investment in Pacific Telecom Cable, Inc. please contact Brooke Coburn at (202) 347-2626. If you have any questions regarding the investment in Sight Resources Corporation please contact Ryan Schwarz at (202) 347-2626. If you have any questions regarding this capital call notice please contact Patty Watson at (202) 626-1277 or Megan McGovern at (202) 626-1275. </p><p>Thank you for the faith you have placed in us and we appreciate your prompt attention in addressing this notice.</p><p>Yours faithfully,</p><p>TCG Ventures Limited</p><p>TCG Ventures Limited General Partner TCG VENTURES LIMITED KIRK HOUSE, P.O. BOX 1100-G, GRAND CAYMAN, B.W.I. TELEPHONE (345) 949-7212 TELEFAX (345) 949-0993 TELEX CP4226</p><p>13 October 1997</p><p>VIA FAX TO : 011 41 22 320 5634 Total Number of Pages : 7 (including this page)</p><p>Paul Jeanbart 28 Boulevard Du Pont D'Arve Geneva 1205 Switzerland</p><p>Investment Vehicle : Oryx Merchant Bank Limited Commitment : US$1,500,000</p><p>Dear Mr. Jeanbart,</p><p>We are pleased to notify you of the proposed investments of Carlyle Venture Partners, L.P. and its investing affiliates (collectively the “Fund”) in Pacific Telecom Cable, Inc. and Sight Resources Corporation. The Fund, along with certain parallel partnerships, are contributing a $5 million deposit toward an equity investment in Pacific Telecom Cable, Inc. as well as a $5,082,417 equity investment in Sight Resources Corporation. Detailed descriptions of these transactions are provided with this letter.</p><p>Pursuant to Section 3.1(a) of the Agreement of Limited Partnership dated 7 May 1997 (the “Agreement”), TCG Ventures Limited, as General Partner, is making a capital call for a Bridge Investment (as defined in the Agreement) in Pacific Telecom Cable, Inc. and an investment in Sight Resources Corporation. </p><p>Funding Obligation</p><p>The following summarizes your funding obligation for this capital call:</p><p>Bridge Investment in Pacific Telecom Cable, Inc. US$30,568 Investment in Sight Resources Corporation US$31,072 ------Total Funding Obligation US$61,640 Your total funding obligation of US$61,640 (please include any wiring fees with your payment) must be sent to us according to the following wiring instructions no later than 24 October 1997:</p><p>Chase Manhattan Bank N.A. New York ABA 021000021 For account Bank Julius Baer & Co. Ltd. New York account number 544 777 037 For onward credit Carlyle Venture Partners L.P.</p><p>Ref: Oryx Merchant Bank Limited Attn: Peter W.C. Goulden</p><p>Additional Information</p><p>The attachment to this letter contains an overview of Pacific Telecom Cable, Inc. and Sight Resources Corporation. If you have any questions regarding the investment in Pacific Telecom Cable, Inc. please contact Brooke Coburn at (202) 347-2626. If you have any questions regarding the investment in Sight Resources Corporation please contact Ryan Schwarz at (202) 347-2626. If you have any questions regarding this capital call notice please contact Patty Watson at (202) 626-1277 or Megan McGovern at (202) 626-1275. </p><p>Thank you for the faith you have placed in us and we appreciate your prompt attention in addressing this notice.</p><p>Yours faithfully,</p><p>TCG Ventures Limited</p><p>TCG Ventures Limited General Partner TCG VENTURES LIMITED KIRK HOUSE, P.O. BOX 1100-G, GRAND CAYMAN, B.W.I. TELEPHONE (345) 949-7212 TELEFAX (345) 949-0993 TELEX CP4226</p><p>13 October 1997</p><p>VIA FAX TO : 011 9712 272 931 Total Number of Pages : 7 (including this page)</p><p>Abdulla Ismail P.O. Box 2613 Abu Dhabi United Arab Emirates</p><p>Investment Vehicle : Pecob Enterprises, Inc. Commitment : US$1,000,000</p><p>Dear Mr. Ismail,</p><p>We are pleased to notify you of the proposed investments of Carlyle Venture Partners, L.P. and its investing affiliates (collectively the “Fund”) in Pacific Telecom Cable, Inc. and Sight Resources Corporation. The Fund, along with certain parallel partnerships, are contributing a $5 million deposit toward an equity investment in Pacific Telecom Cable, Inc. as well as a $5,082,417 equity investment in Sight Resources Corporation. Detailed descriptions of these transactions are provided with this letter.</p><p>Pursuant to Section 3.1(a) of the Agreement of Limited Partnership dated 7 May 1997 (the “Agreement”), TCG Ventures Limited, as General Partner, is making a capital call for a Bridge Investment (as defined in the Agreement) in Pacific Telecom Cable, Inc. and an investment in Sight Resources Corporation. </p><p>Funding Obligation</p><p>The following summarizes your funding obligation for this capital call:</p><p>Bridge Investment in Pacific Telecom Cable, Inc. US$20,379 Investment in Sight Resources Corporation US$20,715 ------Total Funding Obligation US$41,094 Your total funding obligation of US$41,094 (please include any wiring fees with your payment) must be sent to us according to the following wiring instructions no later than 24 October 1997:</p><p>Chase Manhattan Bank N.A. New York ABA 021000021 For account Bank Julius Baer & Co. Ltd. New York account number 544 777 037 For onward credit Carlyle Venture Partners L.P.</p><p>Ref: Pecob Enterprises, Inc. Attn: Peter W.C. Goulden</p><p>Additional Information</p><p>The attachment to this letter contains an overview of Pacific Telecom Cable, Inc. and Sight Resources Corporation. If you have any questions regarding the investment in Pacific Telecom Cable, Inc. please contact Brooke Coburn at (202) 347-2626. If you have any questions regarding the investment in Sight Resources Corporation please contact Ryan Schwarz at (202) 347-2626. If you have any questions regarding this capital call notice please contact Patty Watson at (202) 626-1277 or Megan McGovern at (202) 626-1275. </p><p>Thank you for the faith you have placed in us and we appreciate your prompt attention in addressing this notice.</p><p>Yours faithfully,</p><p>TCG Ventures Limited</p><p>TCG Ventures Limited General Partner TCG VENTURES LIMITED KIRK HOUSE, P.O. BOX 1100-G, GRAND CAYMAN, B.W.I. TELEPHONE (345) 949-7212 TELEFAX (345) 949-0993 TELEX CP4226</p><p>13 October 1997</p><p>VIA FAX TO : 44 171 591 0928 Total Number of Pages : 7 (including this page)</p><p>Abdulla Ismail 19 Kingston House South Ennismore Gardens London SW71NF ENGLAND</p><p>Investment Vehicle : Pecob Enterprises, Inc. Commitment : US$1,000,000</p><p>Dear Mr. Ismail,</p><p>We are pleased to notify you of the proposed investments of Carlyle Venture Partners, L.P. and its investing affiliates (collectively the “Fund”) in Pacific Telecom Cable, Inc. and Sight Resources Corporation. The Fund, along with certain parallel partnerships, are contributing a $5 million deposit toward an equity investment in Pacific Telecom Cable, Inc. as well as a $5,082,417 equity investment in Sight Resources Corporation. Detailed descriptions of these transactions are provided with this letter.</p><p>Pursuant to Section 3.1(a) of the Agreement of Limited Partnership dated 7 May 1997 (the “Agreement”), TCG Ventures Limited, as General Partner, is making a capital call for a Bridge Investment (as defined in the Agreement) in Pacific Telecom Cable, Inc. and an investment in Sight Resources Corporation. </p><p>Funding Obligation</p><p>The following summarizes your funding obligation for this capital call:</p><p>Bridge Investment in Pacific Telecom Cable, Inc. US$20,379 Investment in Sight Resources Corporation US$20,715 ------Total Funding Obligation US$41,094 Your total funding obligation of US$41,094 (please include any wiring fees with your payment) must be sent to us according to the following wiring instructions no later than 24 October 1997:</p><p>Chase Manhattan Bank N.A. New York ABA 021000021 For account Bank Julius Baer & Co. Ltd. New York account number 544 777 037 For onward credit Carlyle Venture Partners L.P.</p><p>Ref: Pecob Enterprises, Inc. Attn: Peter W.C. Goulden</p><p>Additional Information</p><p>The attachment to this letter contains an overview of Pacific Telecom Cable, Inc. and Sight Resources Corporation. If you have any questions regarding the investment in Pacific Telecom Cable, Inc. please contact Brooke Coburn at (202) 347-2626. If you have any questions regarding the investment in Sight Resources Corporation please contact Ryan Schwarz at (202) 347-2626. If you have any questions regarding this capital call notice please contact Patty Watson at (202) 626-1277 or Megan McGovern at (202) 626-1275. </p><p>Thank you for the faith you have placed in us and we appreciate your prompt attention in addressing this notice.</p><p>Yours faithfully,</p><p>TCG Ventures Limited</p><p>TCG Ventures Limited General Partner TCG VENTURES LIMITED KIRK HOUSE, P.O. BOX 1100-G, GRAND CAYMAN, B.W.I. TELEPHONE (345) 949-7212 TELEFAX (345) 949-0993 TELEX CP4226</p><p>13 October 1997</p><p>VIA FAX TO : (41) 22 310 44 41 Total Number of Pages : 7 (including this page)</p><p>Christian Wagner 12 Cours des Bastions Case Postale 3341 Geneva 3 CH-1211 Switzerland</p><p>Investment Vehicle : Pitsilicco LTD., B.V.I. Commitment : US$5,000,000</p><p>Dear Mr. Wagner,</p><p>We are pleased to notify you of the proposed investments of Carlyle Venture Partners, L.P. and its investing affiliates (collectively the “Fund”) in Pacific Telecom Cable, Inc. and Sight Resources Corporation. The Fund, along with certain parallel partnerships, are contributing a $5 million deposit toward an equity investment in Pacific Telecom Cable, Inc. as well as a $5,082,417 equity investment in Sight Resources Corporation. Detailed descriptions of these transactions are provided with this letter.</p><p>Pursuant to Section 3.1(a) of the Agreement of Limited Partnership dated 7 May 1997 (the “Agreement”), TCG Ventures Limited, as General Partner, is making a capital call for a Bridge Investment (as defined in the Agreement) in Pacific Telecom Cable, Inc. and an investment in Sight Resources Corporation. </p><p>Funding Obligation</p><p>The following summarizes your funding obligation for this capital call:</p><p>Bridge Investment in Pacific Telecom Cable, Inc. US$101,894 Investment in Sight Resources Corporation US$103,573 ------Total Funding Obligation US$205,467 Your total funding obligation of US$205,467 (please include any wiring fees with your payment) must be sent to us according to the following wiring instructions no later than 24 October 1997:</p><p>Chase Manhattan Bank N.A. New York ABA 021000021 For account Bank Julius Baer & Co. Ltd. New York account number 544 777 037 For onward credit Carlyle Venture Partners L.P.</p><p>Ref: Pitsilicco LTD., B.V.I. Attn: Peter W.C. Goulden</p><p>Additional Information</p><p>The attachment to this letter contains an overview of Pacific Telecom Cable, Inc. and Sight Resources Corporation. If you have any questions regarding the investment in Pacific Telecom Cable, Inc. please contact Brooke Coburn at (202) 347-2626. If you have any questions regarding the investment in Sight Resources Corporation please contact Ryan Schwarz at (202) 347-2626. If you have any questions regarding this capital call notice please contact Patty Watson at (202) 626-1277 or Megan McGovern at (202) 626-1275. </p><p>Thank you for the faith you have placed in us and we appreciate your prompt attention in addressing this notice.</p><p>Yours faithfully,</p><p>TCG Ventures Limited</p><p>TCG Ventures Limited General Partner TCG VENTURES LIMITED KIRK HOUSE, P.O. BOX 1100-G, GRAND CAYMAN, B.W.I. TELEPHONE (345) 949-7212 TELEFAX (345) 949-0993 TELEX CP4226</p><p>13 October 1997</p><p>VIA FAX TO : 011 9662 665 9664 Total Number of Pages : 7 (including this page)</p><p>Farid Al-Azem Abdul Aziz Bldg P.O. Box 12679 Palestine Road West Jeddah 21483 Saudi Arabia</p><p>Investment Vehicle : PYX Company Limited Commitment : US$1,000,000</p><p>Dear Mr. Al-Azem,</p><p>We are pleased to notify you of the proposed investments of Carlyle Venture Partners, L.P. and its investing affiliates (collectively the “Fund”) in Pacific Telecom Cable, Inc. and Sight Resources Corporation. The Fund, along with certain parallel partnerships, are contributing a $5 million deposit toward an equity investment in Pacific Telecom Cable, Inc. as well as a $5,082,417 equity investment in Sight Resources Corporation. Detailed descriptions of these transactions are provided with this letter.</p><p>Pursuant to Section 3.1(a) of the Agreement of Limited Partnership dated 7 May 1997 (the “Agreement”), TCG Ventures Limited, as General Partner, is making a capital call for a Bridge Investment (as defined in the Agreement) in Pacific Telecom Cable, Inc. and an investment in Sight Resources Corporation. </p><p>Funding Obligation</p><p>The following summarizes your funding obligation for this capital call:</p><p>Bridge Investment in Pacific Telecom Cable, Inc. US$20,379 Investment in Sight Resources Corporation US$20,715 ------Total Funding Obligation US$41,094 Your total funding obligation of US$41,094 (please include any wiring fees with your payment) must be sent to us according to the following wiring instructions no later than 24 October 1997:</p><p>Chase Manhattan Bank N.A. New York ABA 021000021 For account Bank Julius Baer & Co. Ltd. New York account number 544 777 037 For onward credit Carlyle Venture Partners L.P.</p><p>Ref: PYX Company Limited Attn: Peter W.C. Goulden</p><p>Additional Information</p><p>The attachment to this letter contains an overview of Pacific Telecom Cable, Inc. and Sight Resources Corporation. If you have any questions regarding the investment in Pacific Telecom Cable, Inc. please contact Brooke Coburn at (202) 347-2626. If you have any questions regarding the investment in Sight Resources Corporation please contact Ryan Schwarz at (202) 347-2626. If you have any questions regarding this capital call notice please contact Patty Watson at (202) 626-1277 or Megan McGovern at (202) 626-1275. </p><p>Thank you for the faith you have placed in us and we appreciate your prompt attention in addressing this notice.</p><p>Yours faithfully,</p><p>TCG Ventures Limited</p><p>TCG Ventures Limited General Partner TCG VENTURES LIMITED KIRK HOUSE, P.O. BOX 1100-G, GRAND CAYMAN, B.W.I. TELEPHONE (345) 949-7212 TELEFAX (345) 949-0993 TELEX CP4226</p><p>13 October 1997</p><p>VIA FAX TO : 011 44 1 71 499 8949 Total Number of Pages : 7 (including this page)</p><p>Nezhet Tayeb c/o Redshare Investments Ltd 29 Curzon Street London W1Y 7AE United Kingdom</p><p>Investment Vehicle : PYX Company Limited Commitment : US$1,000,000</p><p>Dear Mr. Tayeb,</p><p>We are pleased to notify you of the proposed investments of Carlyle Venture Partners, L.P. and its investing affiliates (collectively the “Fund”) in Pacific Telecom Cable, Inc. and Sight Resources Corporation. The Fund, along with certain parallel partnerships, are contributing a $5 million deposit toward an equity investment in Pacific Telecom Cable, Inc. as well as a $5,082,417 equity investment in Sight Resources Corporation. Detailed descriptions of these transactions are provided with this letter.</p><p>Pursuant to Section 3.1(a) of the Agreement of Limited Partnership dated 7 May 1997 (the “Agreement”), TCG Ventures Limited, as General Partner, is making a capital call for a Bridge Investment (as defined in the Agreement) in Pacific Telecom Cable, Inc. and an investment in Sight Resources Corporation. </p><p>Funding Obligation</p><p>The following summarizes your funding obligation for this capital call:</p><p>Bridge Investment in Pacific Telecom Cable, Inc. US$20,379 Investment in Sight Resources Corporation US$20,715 ------Total Funding Obligation US$41,094 Your total funding obligation of US$41,094 (please include any wiring fees with your payment) must be sent to us according to the following wiring instructions no later than 24 October 1997:</p><p>Chase Manhattan Bank N.A. New York ABA 021000021 For account Bank Julius Baer & Co. Ltd. New York account number 544 777 037 For onward credit Carlyle Venture Partners L.P.</p><p>Ref: PYX Company Limited Attn: Peter W.C. Goulden</p><p>Additional Information</p><p>The attachment to this letter contains an overview of Pacific Telecom Cable, Inc. and Sight Resources Corporation. If you have any questions regarding the investment in Pacific Telecom Cable, Inc. please contact Brooke Coburn at (202) 347-2626. If you have any questions regarding the investment in Sight Resources Corporation please contact Ryan Schwarz at (202) 347-2626. If you have any questions regarding this capital call notice please contact Patty Watson at (202) 626-1277 or Megan McGovern at (202) 626-1275. </p><p>Thank you for the faith you have placed in us and we appreciate your prompt attention in addressing this notice.</p><p>Yours faithfully,</p><p>TCG Ventures Limited</p><p>TCG Ventures Limited General Partner TCG VENTURES LIMITED KIRK HOUSE, P.O. BOX 1100-G, GRAND CAYMAN, B.W.I. TELEPHONE (345) 949-7212 TELEFAX (345) 949-0993 TELEX CP4226</p><p>13 October 1997</p><p>VIA FAX TO : 011 44 1481 712 324 Total Number of Pages : 7 (including this page)</p><p>Graham Maxi Rue du Pre St. Peter Port Gurensey GY1 1LU Channel Islands</p><p>Investment Vehicle : Republic New York International Trust Company Limited Commitment : US$11,000,000</p><p>Dear Mr. Maxi,</p><p>We are pleased to notify you of the proposed investments of Carlyle Venture Partners, L.P. and its investing affiliates (collectively the “Fund”) in Pacific Telecom Cable, Inc. and Sight Resources Corporation. The Fund, along with certain parallel partnerships, are contributing a $5 million deposit toward an equity investment in Pacific Telecom Cable, Inc. as well as a $5,082,417 equity investment in Sight Resources Corporation. Detailed descriptions of these transactions are provided with this letter.</p><p>Pursuant to Section 3.1(a) of the Agreement of Limited Partnership dated 7 May 1997 (the “Agreement”), TCG Ventures Limited, as General Partner, is making a capital call for a Bridge Investment (as defined in the Agreement) in Pacific Telecom Cable, Inc. and an investment in Sight Resources Corporation. </p><p>Funding Obligation</p><p>The following summarizes your funding obligation for this capital call:</p><p>Bridge Investment in Pacific Telecom Cable, Inc. US$224,166 Investment in Sight Resources Corporation US$227,861 ------Total Funding Obligation US$452,027 Your total funding obligation of US$452,027 (please include any wiring fees with your payment) must be sent to us according to the following wiring instructions no later than 24 October 1997:</p><p>Chase Manhattan Bank N.A. New York ABA 021000021 For account Bank Julius Baer & Co. Ltd. New York account number 544 777 037 For onward credit Carlyle Venture Partners L.P.</p><p>Ref: Republic New York International Trust Company Limited Attn: Peter W.C. Goulden</p><p>Additional Information</p><p>The attachment to this letter contains an overview of Pacific Telecom Cable, Inc. and Sight Resources Corporation. If you have any questions regarding the investment in Pacific Telecom Cable, Inc. please contact Brooke Coburn at (202) 347-2626. If you have any questions regarding the investment in Sight Resources Corporation please contact Ryan Schwarz at (202) 347-2626. If you have any questions regarding this capital call notice please contact Patty Watson at (202) 626-1277 or Megan McGovern at (202) 626-1275. </p><p>Thank you for the faith you have placed in us and we appreciate your prompt attention in addressing this notice.</p><p>Yours faithfully,</p><p>TCG Ventures Limited</p><p>TCG Ventures Limited General Partner TCG VENTURES LIMITED KIRK HOUSE, P.O. BOX 1100-G, GRAND CAYMAN, B.W.I. TELEPHONE (345) 949-7212 TELEFAX (345) 949-0993 TELEX CP4226</p><p>13 October 1997</p><p>VIA FAX TO : (968) 605 491 Total Number of Pages : 7 (including this page)</p><p>A. V. Babu P.O. Box 533 Muscat PC 113 Sultanate of Oman</p><p>Investment Vehicle : Sheik Salim Saeed Hamed Al Fannah Hal Araimi & Mr. Mohammed Rashid Abdullah Al Fanna H Al Araimi Commitment : US$1,500,000</p><p>Dear Mr. Babu,</p><p>We are pleased to notify you of the proposed investments of Carlyle Venture Partners, L.P. and its investing affiliates (collectively the “Fund”) in Pacific Telecom Cable, Inc. and Sight Resources Corporation. The Fund, along with certain parallel partnerships, are contributing a $5 million deposit toward an equity investment in Pacific Telecom Cable, Inc. as well as a $5,082,417 equity investment in Sight Resources Corporation. Detailed descriptions of these transactions are provided with this letter.</p><p>Pursuant to Section 3.1(a) of the Agreement of Limited Partnership dated 7 May 1997 (the “Agreement”), TCG Ventures Limited, as General Partner, is making a capital call for a Bridge Investment (as defined in the Agreement) in Pacific Telecom Cable, Inc. and an investment in Sight Resources Corporation. </p><p>Funding Obligation</p><p>The following summarizes your funding obligation for this capital call:</p><p>Bridge Investment in Pacific Telecom Cable, Inc. US$30,568 Investment in Sight Resources Corporation US$31,072 ------Total Funding Obligation US$61,640 Your total funding obligation of US$61,640 (please include any wiring fees with your payment) must be sent to us according to the following wiring instructions no later than 24 October 1997:</p><p>Chase Manhattan Bank N.A. New York ABA 021000021 For account Bank Julius Baer & Co. Ltd. New York account number 544 777 037 For onward credit Carlyle Venture Partners L.P.</p><p>Ref: Sheik Salim Saeed Hamed Al Fannah Hal Araimi & Mr. Mohammed Rashid Abdullah Al Fanna H Al Araimi Attn: Peter W.C. Goulden</p><p>Additional Information</p><p>The attachment to this letter contains an overview of Pacific Telecom Cable, Inc. and Sight Resources Corporation. If you have any questions regarding the investment in Pacific Telecom Cable, Inc. please contact Brooke Coburn at (202) 347-2626. If you have any questions regarding the investment in Sight Resources Corporation please contact Ryan Schwarz at (202) 347-2626. If you have any questions regarding this capital call notice please contact Patty Watson at (202) 626-1277 or Megan McGovern at (202) 626-1275. </p><p>Thank you for the faith you have placed in us and we appreciate your prompt attention in addressing this notice.</p><p>Yours faithfully,</p><p>TCG Ventures Limited</p><p>TCG Ventures Limited General Partner TCG VENTURES LIMITED KIRK HOUSE, P.O. BOX 1100-G, GRAND CAYMAN, B.W.I. TELEPHONE (345) 949-7212 TELEFAX (345) 949-0993 TELEX CP4226</p><p>13 October 1997</p><p>VIA FAX TO : (41) 22 310 44 41 Total Number of Pages : 7 (including this page)</p><p>Christian Wagner 12 Cours des Bastions Case Postale 3341 Geneva 3 CH-1211 Switzerland</p><p>Investment Vehicle : Sherwood Finance LTD. Commitment : US$2,500,000</p><p>Dear Mr. Wagner,</p><p>We are pleased to notify you of the proposed investments of Carlyle Venture Partners, L.P. and its investing affiliates (collectively the “Fund”) in Pacific Telecom Cable, Inc. and Sight Resources Corporation. The Fund, along with certain parallel partnerships, are contributing a $5 million deposit toward an equity investment in Pacific Telecom Cable, Inc. as well as a $5,082,417 equity investment in Sight Resources Corporation. Detailed descriptions of these transactions are provided with this letter.</p><p>Pursuant to Section 3.1(a) of the Agreement of Limited Partnership dated 7 May 1997 (the “Agreement”), TCG Ventures Limited, as General Partner, is making a capital call for a Bridge Investment (as defined in the Agreement) in Pacific Telecom Cable, Inc. and an investment in Sight Resources Corporation. </p><p>Funding Obligation</p><p>The following summarizes your funding obligation for this capital call:</p><p>Bridge Investment in Pacific Telecom Cable, Inc. US$50,947 Investment in Sight Resources Corporation US$51,787 ------Total Funding Obligation US$102,734 Your total funding obligation of US$102,734 (please include any wiring fees with your payment) must be sent to us according to the following wiring instructions no later than 24 October 1997:</p><p>Chase Manhattan Bank N.A. New York ABA 021000021 For account Bank Julius Baer & Co. Ltd. New York account number 544 777 037 For onward credit Carlyle Venture Partners L.P.</p><p>Ref: Sherwood Finance LTD. Attn: Peter W.C. Goulden</p><p>Additional Information</p><p>The attachment to this letter contains an overview of Pacific Telecom Cable, Inc. and Sight Resources Corporation. If you have any questions regarding the investment in Pacific Telecom Cable, Inc. please contact Brooke Coburn at (202) 347-2626. If you have any questions regarding the investment in Sight Resources Corporation please contact Ryan Schwarz at (202) 347-2626. If you have any questions regarding this capital call notice please contact Patty Watson at (202) 626-1277 or Megan McGovern at (202) 626-1275. </p><p>Thank you for the faith you have placed in us and we appreciate your prompt attention in addressing this notice.</p><p>Yours faithfully,</p><p>TCG Ventures Limited</p><p>TCG Ventures Limited General Partner TCG VENTURES LIMITED KIRK HOUSE, P.O. BOX 1100-G, GRAND CAYMAN, B.W.I. TELEPHONE (345) 949-7212 TELEFAX (345) 949-0993 TELEX CP4226</p><p>13 October 1997</p><p>VIA FAX TO : 011 65 284 4316 Total Number of Pages : 7 (including this page)</p><p>Patrick Lee Swee Ching 540 Airport Road, Paya Lebar Singapore 539938 Singapore</p><p>Investment Vehicle : Singapore Technologies Aerospace LTD Commitment : US$1,000,000</p><p>Dear Mr. Ching,</p><p>We are pleased to notify you of the proposed investments of Carlyle Venture Partners, L.P. and its investing affiliates (collectively the “Fund”) in Pacific Telecom Cable, Inc. and Sight Resources Corporation. The Fund, along with certain parallel partnerships, are contributing a $5 million deposit toward an equity investment in Pacific Telecom Cable, Inc. as well as a $5,082,417 equity investment in Sight Resources Corporation. Detailed descriptions of these transactions are provided with this letter.</p><p>Pursuant to Section 3.1(a) of the Agreement of Limited Partnership dated 7 May 1997 (the “Agreement”), TCG Ventures Limited, as General Partner, is making a capital call for a Bridge Investment (as defined in the Agreement) in Pacific Telecom Cable, Inc. and an investment in Sight Resources Corporation. </p><p>Funding Obligation</p><p>The following summarizes your funding obligation for this capital call:</p><p>Bridge Investment in Pacific Telecom Cable, Inc. US$20,379 Investment in Sight Resources Corporation US$20,715 ------Total Funding Obligation US$41,094 Your total funding obligation of US$41,094 (please include any wiring fees with your payment) must be sent to us according to the following wiring instructions no later than 24 October 1997:</p><p>Chase Manhattan Bank N.A. New York ABA 021000021 For account Bank Julius Baer & Co. Ltd. New York account number 544 777 037 For onward credit Carlyle Venture Partners L.P.</p><p>Ref: Singapore Technologies Aerospace LTD Attn: Peter W.C. Goulden</p><p>Additional Information</p><p>The attachment to this letter contains an overview of Pacific Telecom Cable, Inc. and Sight Resources Corporation. If you have any questions regarding the investment in Pacific Telecom Cable, Inc. please contact Brooke Coburn at (202) 347-2626. If you have any questions regarding the investment in Sight Resources Corporation please contact Ryan Schwarz at (202) 347-2626. If you have any questions regarding this capital call notice please contact Patty Watson at (202) 626-1277 or Megan McGovern at (202) 626-1275. </p><p>Thank you for the faith you have placed in us and we appreciate your prompt attention in addressing this notice.</p><p>Yours faithfully,</p><p>TCG Ventures Limited</p><p>TCG Ventures Limited General Partner TCG VENTURES LIMITED KIRK HOUSE, P.O. BOX 1100-G, GRAND CAYMAN, B.W.I. TELEPHONE (345) 949-7212 TELEFAX (345) 949-0993 TELEX CP4226</p><p>13 October 1997</p><p>VIA FAX TO : 011 65 284 4316 Total Number of Pages : 7 (including this page)</p><p>Yong Siew Hua 540 Airport Road, Paya Lebar Singapore 539938 Singapore</p><p>Investment Vehicle : Singapore Technologies Aerospace LTD Commitment : US$1,000,000</p><p>Dear Mr. Hua,</p><p>We are pleased to notify you of the proposed investments of Carlyle Venture Partners, L.P. and its investing affiliates (collectively the “Fund”) in Pacific Telecom Cable, Inc. and Sight Resources Corporation. The Fund, along with certain parallel partnerships, are contributing a $5 million deposit toward an equity investment in Pacific Telecom Cable, Inc. as well as a $5,082,417 equity investment in Sight Resources Corporation. Detailed descriptions of these transactions are provided with this letter.</p><p>Pursuant to Section 3.1(a) of the Agreement of Limited Partnership dated 7 May 1997 (the “Agreement”), TCG Ventures Limited, as General Partner, is making a capital call for a Bridge Investment (as defined in the Agreement) in Pacific Telecom Cable, Inc. and an investment in Sight Resources Corporation. </p><p>Funding Obligation</p><p>The following summarizes your funding obligation for this capital call:</p><p>Bridge Investment in Pacific Telecom Cable, Inc. US$20,379 Investment in Sight Resources Corporation US$20,715 ------Total Funding Obligation US$41,094 Your total funding obligation of US$41,094 (please include any wiring fees with your payment) must be sent to us according to the following wiring instructions no later than 24 October 1997:</p><p>Chase Manhattan Bank N.A. New York ABA 021000021 For account Bank Julius Baer & Co. Ltd. New York account number 544 777 037 For onward credit Carlyle Venture Partners L.P.</p><p>Ref: Singapore Technologies Aerospace LTD Attn: Peter W.C. Goulden</p><p>Additional Information</p><p>The attachment to this letter contains an overview of Pacific Telecom Cable, Inc. and Sight Resources Corporation. If you have any questions regarding the investment in Pacific Telecom Cable, Inc. please contact Brooke Coburn at (202) 347-2626. If you have any questions regarding the investment in Sight Resources Corporation please contact Ryan Schwarz at (202) 347-2626. If you have any questions regarding this capital call notice please contact Patty Watson at (202) 626-1277 or Megan McGovern at (202) 626-1275. </p><p>Thank you for the faith you have placed in us and we appreciate your prompt attention in addressing this notice.</p><p>Yours faithfully,</p><p>TCG Ventures Limited</p><p>TCG Ventures Limited General Partner TCG VENTURES LIMITED KIRK HOUSE, P.O. BOX 1100-G, GRAND CAYMAN, B.W.I. TELEPHONE (345) 949-7212 TELEFAX (345) 949-0993 TELEX CP4226</p><p>13 October 1997</p><p>VIA FAX TO : 011 65 777 1878 Total Number of Pages : 7 (including this page)</p><p>Frankie Tan 77 Science Park Drive, #02-15 Cintech III Singapore Science Park Singapore 118256 Singapore</p><p>Investment Vehicle : Singapore Technologies PTE LTD Commitment : US$1,000,000</p><p>Dear Mr. Tan,</p><p>We are pleased to notify you of the proposed investments of Carlyle Venture Partners, L.P. and its investing affiliates (collectively the “Fund”) in Pacific Telecom Cable, Inc. and Sight Resources Corporation. The Fund, along with certain parallel partnerships, are contributing a $5 million deposit toward an equity investment in Pacific Telecom Cable, Inc. as well as a $5,082,417 equity investment in Sight Resources Corporation. Detailed descriptions of these transactions are provided with this letter.</p><p>Pursuant to Section 3.1(a) of the Agreement of Limited Partnership dated 7 May 1997 (the “Agreement”), TCG Ventures Limited, as General Partner, is making a capital call for a Bridge Investment (as defined in the Agreement) in Pacific Telecom Cable, Inc. and an investment in Sight Resources Corporation. </p><p>Funding Obligation</p><p>The following summarizes your funding obligation for this capital call:</p><p>Bridge Investment in Pacific Telecom Cable, Inc. US$20,379 Investment in Sight Resources Corporation US$20,715 ------Total Funding Obligation US$41,094 Your total funding obligation of US$41,094 (please include any wiring fees with your payment) must be sent to us according to the following wiring instructions no later than 24 October 1997:</p><p>Chase Manhattan Bank N.A. New York ABA 021000021 For account Bank Julius Baer & Co. Ltd. New York account number 544 777 037 For onward credit Carlyle Venture Partners L.P.</p><p>Ref: Singapore Technologies PTE LTD Attn: Peter W.C. Goulden</p><p>Additional Information</p><p>The attachment to this letter contains an overview of Pacific Telecom Cable, Inc. and Sight Resources Corporation. If you have any questions regarding the investment in Pacific Telecom Cable, Inc. please contact Brooke Coburn at (202) 347-2626. If you have any questions regarding the investment in Sight Resources Corporation please contact Ryan Schwarz at (202) 347-2626. If you have any questions regarding this capital call notice please contact Patty Watson at (202) 626-1277 or Megan McGovern at (202) 626-1275. </p><p>Thank you for the faith you have placed in us and we appreciate your prompt attention in addressing this notice.</p><p>Yours faithfully,</p><p>TCG Ventures Limited</p><p>TCG Ventures Limited General Partner TCG VENTURES LIMITED KIRK HOUSE, P.O. BOX 1100-G, GRAND CAYMAN, B.W.I. TELEPHONE (345) 949-7212 TELEFAX (345) 949-0993 TELEX CP4226</p><p>13 October 1997</p><p>VIA FAX TO : 011 65 777 1878 Total Number of Pages : 7 (including this page)</p><p>Pang Seow Lan 77 Science Park Drive, #02-15 Cintech III Singapore Science Park Singapore 118256 Singapore</p><p>Investment Vehicle : Singapore Technologies PTE LTD Commitment : US$1,000,000</p><p>Dear Mr. Lan,</p><p>We are pleased to notify you of the proposed investments of Carlyle Venture Partners, L.P. and its investing affiliates (collectively the “Fund”) in Pacific Telecom Cable, Inc. and Sight Resources Corporation. The Fund, along with certain parallel partnerships, are contributing a $5 million deposit toward an equity investment in Pacific Telecom Cable, Inc. as well as a $5,082,417 equity investment in Sight Resources Corporation. Detailed descriptions of these transactions are provided with this letter.</p><p>Pursuant to Section 3.1(a) of the Agreement of Limited Partnership dated 7 May 1997 (the “Agreement”), TCG Ventures Limited, as General Partner, is making a capital call for a Bridge Investment (as defined in the Agreement) in Pacific Telecom Cable, Inc. and an investment in Sight Resources Corporation. </p><p>Funding Obligation</p><p>The following summarizes your funding obligation for this capital call:</p><p>Bridge Investment in Pacific Telecom Cable, Inc. US$20,379 Investment in Sight Resources Corporation US$20,715 ------Total Funding Obligation US$41,094 Your total funding obligation of US$41,094 (please include any wiring fees with your payment) must be sent to us according to the following wiring instructions no later than 24 October 1997:</p><p>Chase Manhattan Bank N.A. New York ABA 021000021 For account Bank Julius Baer & Co. Ltd. New York account number 544 777 037 For onward credit Carlyle Venture Partners L.P.</p><p>Ref: Singapore Technologies PTE LTD Attn: Peter W.C. Goulden</p><p>Additional Information</p><p>The attachment to this letter contains an overview of Pacific Telecom Cable, Inc. and Sight Resources Corporation. If you have any questions regarding the investment in Pacific Telecom Cable, Inc. please contact Brooke Coburn at (202) 347-2626. If you have any questions regarding the investment in Sight Resources Corporation please contact Ryan Schwarz at (202) 347-2626. If you have any questions regarding this capital call notice please contact Patty Watson at (202) 626-1277 or Megan McGovern at (202) 626-1275. </p><p>Thank you for the faith you have placed in us and we appreciate your prompt attention in addressing this notice.</p><p>Yours faithfully,</p><p>TCG Ventures Limited</p><p>TCG Ventures Limited General Partner TCG VENTURES LIMITED KIRK HOUSE, P.O. BOX 1100-G, GRAND CAYMAN, B.W.I. TELEPHONE (345) 949-7212 TELEFAX (345) 949-0993 TELEX CP4226</p><p>13 October 1997</p><p>VIA FAX TO : 011 41 22 310 59 62 Total Number of Pages : 7 (including this page)</p><p>Philippe V. Thevenaz 5, Cours des Bastions Geneva 1205 Switzerland</p><p>Investment Vehicle : Sirac Commitment : US$1,500,000</p><p>Dear Mr. Thevenaz,</p><p>We are pleased to notify you of the proposed investments of Carlyle Venture Partners, L.P. and its investing affiliates (collectively the “Fund”) in Pacific Telecom Cable, Inc. and Sight Resources Corporation. The Fund, along with certain parallel partnerships, are contributing a $5 million deposit toward an equity investment in Pacific Telecom Cable, Inc. as well as a $5,082,417 equity investment in Sight Resources Corporation. Detailed descriptions of these transactions are provided with this letter.</p><p>Pursuant to Section 3.1(a) of the Agreement of Limited Partnership dated 7 May 1997 (the “Agreement”), TCG Ventures Limited, as General Partner, is making a capital call for a Bridge Investment (as defined in the Agreement) in Pacific Telecom Cable, Inc. and an investment in Sight Resources Corporation. </p><p>Funding Obligation</p><p>The following summarizes your funding obligation for this capital call:</p><p>Bridge Investment in Pacific Telecom Cable, Inc. US$30,568 Investment in Sight Resources Corporation US$31,072 ------Total Funding Obligation US$61,640 Your total funding obligation of US$61,640 (please include any wiring fees with your payment) must be sent to us according to the following wiring instructions no later than 24 October 1997:</p><p>Chase Manhattan Bank N.A. New York ABA 021000021 For account Bank Julius Baer & Co. Ltd. New York account number 544 777 037 For onward credit Carlyle Venture Partners L.P.</p><p>Ref: Sirac Attn: Peter W.C. Goulden</p><p>Additional Information</p><p>The attachment to this letter contains an overview of Pacific Telecom Cable, Inc. and Sight Resources Corporation. If you have any questions regarding the investment in Pacific Telecom Cable, Inc. please contact Brooke Coburn at (202) 347-2626. If you have any questions regarding the investment in Sight Resources Corporation please contact Ryan Schwarz at (202) 347-2626. If you have any questions regarding this capital call notice please contact Patty Watson at (202) 626-1277 or Megan McGovern at (202) 626-1275. </p><p>Thank you for the faith you have placed in us and we appreciate your prompt attention in addressing this notice.</p><p>Yours faithfully,</p><p>TCG Ventures Limited</p><p>TCG Ventures Limited General Partner TCG VENTURES LIMITED KIRK HOUSE, P.O. BOX 1100-G, GRAND CAYMAN, B.W.I. TELEPHONE (345) 949-7212 TELEFAX (345) 949-0993 TELEX CP4226</p><p>13 October 1997</p><p>VIA FAX TO : 011 41 22 310 59 62 Total Number of Pages : 7 (including this page)</p><p>Soremat S.A. c/o Soremat S.A. B.P. 175 Geneva 12 1211 Switzerland</p><p>Investment Vehicle : Sirac Commitment : US$1,500,000</p><p>Dear Soremat S.A.,</p><p>We are pleased to notify you of the proposed investments of Carlyle Venture Partners, L.P. and its investing affiliates (collectively the “Fund”) in Pacific Telecom Cable, Inc. and Sight Resources Corporation. The Fund, along with certain parallel partnerships, are contributing a $5 million deposit toward an equity investment in Pacific Telecom Cable, Inc. as well as a $5,082,417 equity investment in Sight Resources Corporation. Detailed descriptions of these transactions are provided with this letter.</p><p>Pursuant to Section 3.1(a) of the Agreement of Limited Partnership dated 7 May 1997 (the “Agreement”), TCG Ventures Limited, as General Partner, is making a capital call for a Bridge Investment (as defined in the Agreement) in Pacific Telecom Cable, Inc. and an investment in Sight Resources Corporation. </p><p>Funding Obligation</p><p>The following summarizes your funding obligation for this capital call:</p><p>Bridge Investment in Pacific Telecom Cable, Inc. US$30,568 Investment in Sight Resources Corporation US$31,072 ------Total Funding Obligation US$61,640 Your total funding obligation of US$61,640 (please include any wiring fees with your payment) must be sent to us according to the following wiring instructions no later than 24 October 1997:</p><p>Chase Manhattan Bank N.A. New York ABA 021000021 For account Bank Julius Baer & Co. Ltd. New York account number 544 777 037 For onward credit Carlyle Venture Partners L.P.</p><p>Ref: Sirac Attn: Peter W.C. Goulden</p><p>Additional Information</p><p>The attachment to this letter contains an overview of Pacific Telecom Cable, Inc. and Sight Resources Corporation. If you have any questions regarding the investment in Pacific Telecom Cable, Inc. please contact Brooke Coburn at (202) 347-2626. If you have any questions regarding the investment in Sight Resources Corporation please contact Ryan Schwarz at (202) 347-2626. If you have any questions regarding this capital call notice please contact Patty Watson at (202) 626-1277 or Megan McGovern at (202) 626-1275. </p><p>Thank you for the faith you have placed in us and we appreciate your prompt attention in addressing this notice.</p><p>Yours faithfully,</p><p>TCG Ventures Limited</p><p>TCG Ventures Limited General Partner TCG VENTURES LIMITED KIRK HOUSE, P.O. BOX 1100-G, GRAND CAYMAN, B.W.I. TELEPHONE (345) 949-7212 TELEFAX (345) 949-0993 TELEX CP4226</p><p>13 October 1997</p><p>VIA FAX TO : 1-212-265-5826 Total Number of Pages : 7 (including this page)</p><p>Malcolm Travelstead 630 5th Avenue NEW YORK, NY 10111</p><p>Investment Vehicle : Stone Corporation Commitment : US$3,000,000</p><p>Dear Mr. Travelstead,</p><p>We are pleased to notify you of the proposed investments of Carlyle Venture Partners, L.P. and its investing affiliates (collectively the “Fund”) in Pacific Telecom Cable, Inc. and Sight Resources Corporation. The Fund, along with certain parallel partnerships, are contributing a $5 million deposit toward an equity investment in Pacific Telecom Cable, Inc. as well as a $5,082,417 equity investment in Sight Resources Corporation. Detailed descriptions of these transactions are provided with this letter.</p><p>Pursuant to Section 3.1(a) of the Agreement of Limited Partnership dated 7 May 1997 (the “Agreement”), TCG Ventures Limited, as General Partner, is making a capital call for a Bridge Investment (as defined in the Agreement) in Pacific Telecom Cable, Inc. and an investment in Sight Resources Corporation. </p><p>Funding Obligation</p><p>The following summarizes your funding obligation for this capital call:</p><p>Bridge Investment in Pacific Telecom Cable, Inc. US$61,136 Investment in Sight Resources Corporation US$62,144 ------Total Funding Obligation US$123,280 Your total funding obligation of US$123,280 (please include any wiring fees with your payment) must be sent to us according to the following wiring instructions no later than 24 October 1997:</p><p>Chase Manhattan Bank N.A. New York ABA 021000021 For account Bank Julius Baer & Co. Ltd. New York account number 544 777 037 For onward credit Carlyle Venture Partners L.P.</p><p>Ref: Stone Corporation Attn: Peter W.C. Goulden</p><p>Additional Information</p><p>The attachment to this letter contains an overview of Pacific Telecom Cable, Inc. and Sight Resources Corporation. If you have any questions regarding the investment in Pacific Telecom Cable, Inc. please contact Brooke Coburn at (202) 347-2626. If you have any questions regarding the investment in Sight Resources Corporation please contact Ryan Schwarz at (202) 347-2626. If you have any questions regarding this capital call notice please contact Patty Watson at (202) 626-1277 or Megan McGovern at (202) 626-1275. </p><p>Thank you for the faith you have placed in us and we appreciate your prompt attention in addressing this notice.</p><p>Yours faithfully,</p><p>TCG Ventures Limited</p><p>TCG Ventures Limited General Partner TCG VENTURES LIMITED KIRK HOUSE, P.O. BOX 1100-G, GRAND CAYMAN, B.W.I. TELEPHONE (345) 949-7212 TELEFAX (345) 949-0993 TELEX CP4226</p><p>13 October 1997</p><p>VIA FAX TO : 961-1-602718 Total Number of Pages : 7 (including this page)</p><p>Sultan Akram Ojjeh P.O. Box 167151 Beirut Lebanon</p><p>Investment Vehicle : Sultan Akram Ojjeh Commitment : US$2,000,000</p><p>Dear Sultan Akram Ojjeh,</p><p>We are pleased to notify you of the proposed investments of Carlyle Venture Partners, L.P. and its investing affiliates (collectively the “Fund”) in Pacific Telecom Cable, Inc. and Sight Resources Corporation. The Fund, along with certain parallel partnerships, are contributing a $5 million deposit toward an equity investment in Pacific Telecom Cable, Inc. as well as a $5,082,417 equity investment in Sight Resources Corporation. Detailed descriptions of these transactions are provided with this letter.</p><p>Pursuant to Section 3.1(a) of the Agreement of Limited Partnership dated 7 May 1997 (the “Agreement”), TCG Ventures Limited, as General Partner, is making a capital call for a Bridge Investment (as defined in the Agreement) in Pacific Telecom Cable, Inc. and an investment in Sight Resources Corporation. </p><p>Funding Obligation</p><p>The following summarizes your funding obligation for this capital call:</p><p>Bridge Investment in Pacific Telecom Cable, Inc. US$40,758 Investment in Sight Resources Corporation US$41,429 ------Total Funding Obligation US$82,187 Your total funding obligation of US$82,187 (please include any wiring fees with your payment) must be sent to us according to the following wiring instructions no later than 24 October 1997:</p><p>Chase Manhattan Bank N.A. New York ABA 021000021 For account Bank Julius Baer & Co. Ltd. New York account number 544 777 037 For onward credit Carlyle Venture Partners L.P.</p><p>Ref: Sultan Akram Ojjeh Attn: Peter W.C. Goulden</p><p>Additional Information</p><p>The attachment to this letter contains an overview of Pacific Telecom Cable, Inc. and Sight Resources Corporation. If you have any questions regarding the investment in Pacific Telecom Cable, Inc. please contact Brooke Coburn at (202) 347-2626. If you have any questions regarding the investment in Sight Resources Corporation please contact Ryan Schwarz at (202) 347-2626. If you have any questions regarding this capital call notice please contact Patty Watson at (202) 626-1277 or Megan McGovern at (202) 626-1275. </p><p>Thank you for the faith you have placed in us and we appreciate your prompt attention in addressing this notice.</p><p>Yours faithfully,</p><p>TCG Ventures Limited</p><p>TCG Ventures Limited General Partner TCG VENTURES LIMITED KIRK HOUSE, P.O. BOX 1100-G, GRAND CAYMAN, B.W.I. TELEPHONE (345) 949-7212 TELEFAX (345) 949-0993 TELEX CP4226</p><p>13 October 1997</p><p>VIA FAX TO : 011 41 1 285 2759 Total Number of Pages : 7 (including this page)</p><p>Caspar Benz Bythenquai 50/60 Zurich CH-8022 Switzerland</p><p>Investment Vehicle : Swiss Re Partnership Holding AG Commitment : US$5,000,000</p><p>Dear Mr. Benz,</p><p>We are pleased to notify you of the proposed investments of Carlyle Venture Partners, L.P. and its investing affiliates (collectively the “Fund”) in Pacific Telecom Cable, Inc. and Sight Resources Corporation. The Fund, along with certain parallel partnerships, are contributing a $5 million deposit toward an equity investment in Pacific Telecom Cable, Inc. as well as a $5,082,417 equity investment in Sight Resources Corporation. Detailed descriptions of these transactions are provided with this letter.</p><p>Pursuant to Section 3.1(a) of the Agreement of Limited Partnership dated 7 May 1997 (the “Agreement”), TCG Ventures Limited, as General Partner, is making a capital call for a Bridge Investment (as defined in the Agreement) in Pacific Telecom Cable, Inc. and an investment in Sight Resources Corporation. </p><p>Funding Obligation</p><p>The following summarizes your funding obligation for this capital call:</p><p>Bridge Investment in Pacific Telecom Cable, Inc. US$101,894 Investment in Sight Resources Corporation US$103,573 ------Total Funding Obligation US$205,467 Your total funding obligation of US$205,467 (please include any wiring fees with your payment) must be sent to us according to the following wiring instructions no later than 24 October 1997:</p><p>Chase Manhattan Bank N.A. New York ABA 021000021 For account Bank Julius Baer & Co. Ltd. New York account number 544 777 037 For onward credit Carlyle Venture Partners L.P.</p><p>Ref: Swiss Re Partnership Holding AG Attn: Peter W.C. Goulden</p><p>Additional Information</p><p>The attachment to this letter contains an overview of Pacific Telecom Cable, Inc. and Sight Resources Corporation. If you have any questions regarding the investment in Pacific Telecom Cable, Inc. please contact Brooke Coburn at (202) 347-2626. If you have any questions regarding the investment in Sight Resources Corporation please contact Ryan Schwarz at (202) 347-2626. If you have any questions regarding this capital call notice please contact Patty Watson at (202) 626-1277 or Megan McGovern at (202) 626-1275. </p><p>Thank you for the faith you have placed in us and we appreciate your prompt attention in addressing this notice.</p><p>Yours faithfully,</p><p>TCG Ventures Limited</p><p>TCG Ventures Limited General Partner TCG VENTURES LIMITED KIRK HOUSE, P.O. BOX 1100-G, GRAND CAYMAN, B.W.I. TELEPHONE (345) 949-7212 TELEFAX (345) 949-0993 TELEX CP4226</p><p>13 October 1997</p><p>VIA FAX TO : (0171) 409 7215 Total Number of Pages : 7 (including this page)</p><p>Akber Moawalla 19 Berkeley Street London W1X 5AE England</p><p>Investment Vehicle : Tinsel Limited Commitment : US$7,500,000</p><p>Dear Mr. Moawalla,</p><p>We are pleased to notify you of the proposed investments of Carlyle Venture Partners, L.P. and its investing affiliates (collectively the “Fund”) in Pacific Telecom Cable, Inc. and Sight Resources Corporation. The Fund, along with certain parallel partnerships, are contributing a $5 million deposit toward an equity investment in Pacific Telecom Cable, Inc. as well as a $5,082,417 equity investment in Sight Resources Corporation. Detailed descriptions of these transactions are provided with this letter.</p><p>Pursuant to Section 3.1(a) of the Agreement of Limited Partnership dated 7 May 1997 (the “Agreement”), TCG Ventures Limited, as General Partner, is making a capital call for a Bridge Investment (as defined in the Agreement) in Pacific Telecom Cable, Inc. and an investment in Sight Resources Corporation. </p><p>Funding Obligation</p><p>The following summarizes your funding obligation for this capital call:</p><p>Bridge Investment in Pacific Telecom Cable, Inc. US$152,841 Investment in Sight Resources Corporation US$155,360 ------Total Funding Obligation US$308,201 Your total funding obligation of US$308,201 (please include any wiring fees with your payment) must be sent to us according to the following wiring instructions no later than 24 October 1997:</p><p>Chase Manhattan Bank N.A. New York ABA 021000021 For account Bank Julius Baer & Co. Ltd. New York account number 544 777 037 For onward credit Carlyle Venture Partners L.P.</p><p>Ref: Tinsel Limited Attn: Peter W.C. Goulden</p><p>Additional Information</p><p>The attachment to this letter contains an overview of Pacific Telecom Cable, Inc. and Sight Resources Corporation. If you have any questions regarding the investment in Pacific Telecom Cable, Inc. please contact Brooke Coburn at (202) 347-2626. If you have any questions regarding the investment in Sight Resources Corporation please contact Ryan Schwarz at (202) 347-2626. If you have any questions regarding this capital call notice please contact Patty Watson at (202) 626-1277 or Megan McGovern at (202) 626-1275. </p><p>Thank you for the faith you have placed in us and we appreciate your prompt attention in addressing this notice.</p><p>Yours faithfully,</p><p>TCG Ventures Limited</p><p>TCG Ventures Limited General Partner TCG VENTURES LIMITED KIRK HOUSE, P.O. BOX 1100-G, GRAND CAYMAN, B.W.I. TELEPHONE (345) 949-7212 TELEFAX (345) 949-0993 TELEX CP4226</p><p>13 October 1997</p><p>VIA FAX TO : 011 41 22 707 6799 Total Number of Pages : 7 (including this page)</p><p>David Chamberlain 2, rue de Jargonnant Case postale 6421 Geneva 6 1211 Switzerland</p><p>Investment Vehicle : Unigestion Holding Commitment : US$7,500,000</p><p>Dear Mr. Chamberlain,</p><p>We are pleased to notify you of the proposed investments of Carlyle Venture Partners, L.P. and its investing affiliates (collectively the “Fund”) in Pacific Telecom Cable, Inc. and Sight Resources Corporation. The Fund, along with certain parallel partnerships, are contributing a $5 million deposit toward an equity investment in Pacific Telecom Cable, Inc. as well as a $5,082,417 equity investment in Sight Resources Corporation. Detailed descriptions of these transactions are provided with this letter.</p><p>Pursuant to Section 3.1(a) of the Agreement of Limited Partnership dated 7 May 1997 (the “Agreement”), TCG Ventures Limited, as General Partner, is making a capital call for a Bridge Investment (as defined in the Agreement) in Pacific Telecom Cable, Inc. and an investment in Sight Resources Corporation. </p><p>Funding Obligation</p><p>The following summarizes your funding obligation for this capital call:</p><p>Bridge Investment in Pacific Telecom Cable, Inc. US$152,841 Investment in Sight Resources Corporation US$155,360 ------Total Funding Obligation US$308,201 Your total funding obligation of US$308,201 (please include any wiring fees with your payment) must be sent to us according to the following wiring instructions no later than 24 October 1997:</p><p>Chase Manhattan Bank N.A. New York ABA 021000021 For account Bank Julius Baer & Co. Ltd. New York account number 544 777 037 For onward credit Carlyle Venture Partners L.P.</p><p>Ref: Unigestion Holding Attn: Peter W.C. Goulden</p><p>Additional Information</p><p>The attachment to this letter contains an overview of Pacific Telecom Cable, Inc. and Sight Resources Corporation. If you have any questions regarding the investment in Pacific Telecom Cable, Inc. please contact Brooke Coburn at (202) 347-2626. If you have any questions regarding the investment in Sight Resources Corporation please contact Ryan Schwarz at (202) 347-2626. If you have any questions regarding this capital call notice please contact Patty Watson at (202) 626-1277 or Megan McGovern at (202) 626-1275. </p><p>Thank you for the faith you have placed in us and we appreciate your prompt attention in addressing this notice.</p><p>Yours faithfully,</p><p>TCG Ventures Limited</p><p>TCG Ventures Limited General Partner TCG VENTURES LIMITED KIRK HOUSE, P.O. BOX 1100-G, GRAND CAYMAN, B.W.I. TELEPHONE (345) 949-7212 TELEFAX (345) 949-0993 TELEX CP4226</p><p>13 October 1997</p><p>VIA FAX TO : 01534-36215 Total Number of Pages : 7 (including this page)</p><p>John Hollins P.O. Box 546 / Sir Walter Raleigh House 48-50 The Esplanade St. Helier, Jersey JE4 8XY Channel Islands</p><p>Investment Vehicle : Verity Limited Commitment : US$2,000,000</p><p>Dear Mr. Hollins,</p><p>We are pleased to notify you of the proposed investments of Carlyle Venture Partners, L.P. and its investing affiliates (collectively the “Fund”) in Pacific Telecom Cable, Inc. and Sight Resources Corporation. The Fund, along with certain parallel partnerships, are contributing a $5 million deposit toward an equity investment in Pacific Telecom Cable, Inc. as well as a $5,082,417 equity investment in Sight Resources Corporation. Detailed descriptions of these transactions are provided with this letter.</p><p>Pursuant to Section 3.1(a) of the Agreement of Limited Partnership dated 7 May 1997 (the “Agreement”), TCG Ventures Limited, as General Partner, is making a capital call for a Bridge Investment (as defined in the Agreement) in Pacific Telecom Cable, Inc. and an investment in Sight Resources Corporation. </p><p>Funding Obligation</p><p>The following summarizes your funding obligation for this capital call:</p><p>Bridge Investment in Pacific Telecom Cable, Inc. US$40,758 Investment in Sight Resources Corporation US$41,429 ------Total Funding Obligation US$82,187 Your total funding obligation of US$82,187 (please include any wiring fees with your payment) must be sent to us according to the following wiring instructions no later than 24 October 1997:</p><p>Chase Manhattan Bank N.A. New York ABA 021000021 For account Bank Julius Baer & Co. Ltd. New York account number 544 777 037 For onward credit Carlyle Venture Partners L.P.</p><p>Ref: Verity Limited Attn: Peter W.C. Goulden</p><p>Additional Information</p><p>The attachment to this letter contains an overview of Pacific Telecom Cable, Inc. and Sight Resources Corporation. If you have any questions regarding the investment in Pacific Telecom Cable, Inc. please contact Brooke Coburn at (202) 347-2626. If you have any questions regarding the investment in Sight Resources Corporation please contact Ryan Schwarz at (202) 347-2626. If you have any questions regarding this capital call notice please contact Patty Watson at (202) 626-1277 or Megan McGovern at (202) 626-1275. </p><p>Thank you for the faith you have placed in us and we appreciate your prompt attention in addressing this notice.</p><p>Yours faithfully,</p><p>TCG Ventures Limited</p><p>TCG Ventures Limited General Partner TCG VENTURES LIMITED KIRK HOUSE, P.O. BOX 1100-G, GRAND CAYMAN, B.W.I. TELEPHONE (345) 949-7212 TELEFAX (345) 949-0993 TELEX CP4226</p><p>13 October 1997</p><p>VIA FAX TO : (852) 2840 0789 Total Number of Pages : 7 (including this page)</p><p>Katherine Tsui c/o 37/F., Wu Chung House 213 Queen's Road East Wanchai HongKong</p><p>Investment Vehicle : Wingoal International Corporation Commitment : US$5,000,000</p><p>Dear Mrs. Tsui,</p><p>We are pleased to notify you of the proposed investments of Carlyle Venture Partners, L.P. and its investing affiliates (collectively the “Fund”) in Pacific Telecom Cable, Inc. and Sight Resources Corporation. The Fund, along with certain parallel partnerships, are contributing a $5 million deposit toward an equity investment in Pacific Telecom Cable, Inc. as well as a $5,082,417 equity investment in Sight Resources Corporation. Detailed descriptions of these transactions are provided with this letter.</p><p>Pursuant to Section 3.1(a) of the Agreement of Limited Partnership dated 7 May 1997 (the “Agreement”), TCG Ventures Limited, as General Partner, is making a capital call for a Bridge Investment (as defined in the Agreement) in Pacific Telecom Cable, Inc. and an investment in Sight Resources Corporation. </p><p>Funding Obligation</p><p>The following summarizes your funding obligation for this capital call:</p><p>Bridge Investment in Pacific Telecom Cable, Inc. US$101,894 Investment in Sight Resources Corporation US$103,573 ------Total Funding Obligation US$205,467 Your total funding obligation of US$205,467 (please include any wiring fees with your payment) must be sent to us according to the following wiring instructions no later than 24 October 1997:</p><p>Chase Manhattan Bank N.A. New York ABA 021000021 For account Bank Julius Baer & Co. Ltd. New York account number 544 777 037 For onward credit Carlyle Venture Partners L.P.</p><p>Ref: Wingoal International Corporation Attn: Peter W.C. Goulden</p><p>Additional Information</p><p>The attachment to this letter contains an overview of Pacific Telecom Cable, Inc. and Sight Resources Corporation. If you have any questions regarding the investment in Pacific Telecom Cable, Inc. please contact Brooke Coburn at (202) 347-2626. If you have any questions regarding the investment in Sight Resources Corporation please contact Ryan Schwarz at (202) 347-2626. If you have any questions regarding this capital call notice please contact Patty Watson at (202) 626-1277 or Megan McGovern at (202) 626-1275. </p><p>Thank you for the faith you have placed in us and we appreciate your prompt attention in addressing this notice.</p><p>Yours faithfully,</p><p>TCG Ventures Limited</p><p>TCG Ventures Limited General Partner TCG VENTURES LIMITED KIRK HOUSE, P.O. BOX 1100-G, GRAND CAYMAN, B.W.I. TELEPHONE (345) 949-7212 TELEFAX (345) 949-0993 TELEX CP4226</p><p>13 October 1997</p><p>VIA FAX TO : (968) 796 921 Total Number of Pages : 7 (including this page)</p><p>Hani M. Al-Zubair P.O. Box 1127 Ruwi Muscat 112 Sultanate of Oman</p><p>Investment Vehicle : Zent International LTD Commitment : US$500,000</p><p>Dear Mr. Al-Zubair,</p><p>We are pleased to notify you of the proposed investments of Carlyle Venture Partners, L.P. and its investing affiliates (collectively the “Fund”) in Pacific Telecom Cable, Inc. and Sight Resources Corporation. The Fund, along with certain parallel partnerships, are contributing a $5 million deposit toward an equity investment in Pacific Telecom Cable, Inc. as well as a $5,082,417 equity investment in Sight Resources Corporation. Detailed descriptions of these transactions are provided with this letter.</p><p>Pursuant to Section 3.1(a) of the Agreement of Limited Partnership dated 7 May 1997 (the “Agreement”), TCG Ventures Limited, as General Partner, is making a capital call for a Bridge Investment (as defined in the Agreement) in Pacific Telecom Cable, Inc. and an investment in Sight Resources Corporation. </p><p>Funding Obligation</p><p>The following summarizes your funding obligation for this capital call:</p><p>Bridge Investment in Pacific Telecom Cable, Inc. US$10,189 Investment in Sight Resources Corporation US$10,357 ------Total Funding Obligation US$20,546 Your total funding obligation of US$20,546 (please include any wiring fees with your payment) must be sent to us according to the following wiring instructions no later than 24 October 1997:</p><p>Chase Manhattan Bank N.A. New York ABA 021000021 For account Bank Julius Baer & Co. Ltd. New York account number 544 777 037 For onward credit Carlyle Venture Partners L.P.</p><p>Ref: Zent International LTD Attn: Peter W.C. Goulden</p><p>Additional Information</p><p>The attachment to this letter contains an overview of Pacific Telecom Cable, Inc. and Sight Resources Corporation. If you have any questions regarding the investment in Pacific Telecom Cable, Inc. please contact Brooke Coburn at (202) 347-2626. If you have any questions regarding the investment in Sight Resources Corporation please contact Ryan Schwarz at (202) 347-2626. If you have any questions regarding this capital call notice please contact Patty Watson at (202) 626-1277 or Megan McGovern at (202) 626-1275. </p><p>Thank you for the faith you have placed in us and we appreciate your prompt attention in addressing this notice.</p><p>Yours faithfully,</p><p>TCG Ventures Limited</p><p>TCG Ventures Limited General Partner</p>
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