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      <TD> <P align="justify"><B><FONT face=Verdana size=2  color="#333333"><br>
          Dear Sirs,<BR>
          Our company is pleased to present you our complete range of services 
          in finance and import-export.<BR><BR>
          Since we cooperate with various banks and insurance companies (covering 
          non-payment risks) all around the world, we're able to offer you all 
          the following services and products:</FONT></B></P>
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              <TD align="center" bgcolor="#0099FF"> <FONT face=Verdana 
            color=#ffffff><STRONG>IMPORT-EXPORT</STRONG></FONT></TD>
              <TD align="center" bgcolor="#0099FF"> <FONT face=Verdana color=#ffffff><B>INTERNATIONAL 
                FINANCE</B></FONT></TD>
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              <TD >&nbsp;</TD>
              <TD >&nbsp; </TD>
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              <TD > <FONT face=Verdana color=#000066 
            size=2><B>Agricultural Products</B></FONT></TD>
              <TD > <FONT face=Verdana color=#000066 size=2><B> Project Finance 
                </B></FONT></TD>
            </TR>
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              <TD > <FONT color=#000066><B> <FONT face=Verdana color=#000066 
            size=2>Fertilizers (Urea 46 – Nitram – Potassium etc..)</FONT> </B></FONT></TD>
              <TD > <FONT face=Verdana color=#000066 size=2><B>Project Finance 
                with BOT system</B></FONT></TD>
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              <TD > <FONT face=Verdana color=#000066 size=2><B>Dairy Products</B></FONT></TD>
              <TD > <STRONG><FONT face=Verdana color=#000066 
            size=2>Import-Export Finance</FONT></STRONG></TD>
            </TR>
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              <TD ><FONT color=#000066><B> <FONT face=Verdana color=#000066 size=2>Frozen 
                Foods (meat-fish-cicken)</FONT> </B></FONT></TD>
              <TD > <FONT face=Verdana color=#000066 size=2><B> Tour Operators 
                &amp; Travel Agencies Finance </B></FONT></TD>
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              <TD ><STRONG><FONT color=#000066 size="2" face="Verdana"> <B>Food 
                Oil (sun flower,etc...)</B> </FONT></STRONG></TD>
              <TD > <FONT face=Verdana color=#000066 size=2><B>Resorts and Hotels 
                Finance</B></FONT></TD>
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              <TD ><STRONG><FONT color=#0000ff size="2" face="Verdana"> <FONT 
            color=#000066><B>Sugar - Saffron - </B></FONT><FONT 
            color=#000066><B>Rice</B></FONT> </FONT></STRONG></TD>
              <TD > <FONT face=Verdana color=#000066 size=2><B> Fast Finance in 
                three days </B></FONT></TD>
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              <TD > <FONT face=Verdana color=#000066 size=2><B>Seeds More than 
                200 types</B></FONT></TD>
              <TD > <FONT face=Verdana color=#000066 size=2><B> Finance from USA/Australia 
                without guarantee </B></FONT></TD>
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              <TD ><STRONG><FONT color=#000066 size="2" face="Verdana"> <B>Wheat 
                Grains</B> </FONT></STRONG></TD>
              <TD > <FONT face=Verdana color=#000066 size=2><B> Insurance Guarantee 
                for non-payment Risk </B></FONT></TD>
            </TR>
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              <TD > <FONT face=Verdana color=#000066 size=2><B>Yellow Corn</B></FONT></TD>
              <TD ><STRONG><FONT face=Verdana color=#000066 size=2> <B>Islamic 
                Finance System</B> </FONT></STRONG></TD>
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              <TD ><STRONG><FONT color=#000066 size="2" face="Verdana"> <B>Barley</B> 
                </FONT></STRONG></TD>
              <TD ><STRONG><FONT face=Verdana color=#000066 size=2> <B>International 
                Factoring</B> </FONT></STRONG></TD>
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              <TD > <FONT face=Verdana color=#000066 size=2><B>Soya Bean</B></FONT></TD>
              <TD > <FONT face=Verdana color=#000066 size=2><B>Finance with no 
                Return Funds</B></FONT></TD>
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              <TD > <FONT face=Verdana color=#000066 size=2><B>Italian Wine</B></FONT></TD>
              <TD > <STRONG><FONT face=Verdana color=#000066 
            size=2>Debt Finance</FONT></STRONG></TD>
            </TR>
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              <TD ><STRONG><FONT color=#000066 size="2" face="Verdana"> <B>Industrial 
                White Oil</B> </FONT></STRONG></TD>
              <TD ><STRONG><FONT face=Verdana color=#000066 size=2> <B>Special 
                Finance for Italian Market</B> </FONT></STRONG></TD>
            </TR>
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              <TD > <STRONG><FONT face=Verdana color=#000066 
            size=2>Second-hand</FONT></STRONG></TD>
              <TD ><STRONG><FONT face=Verdana color=#000066 
            size=2>Finance for Special Destinations (risk)</FONT></STRONG></TD>
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              <TD > <STRONG> <FONT color=#000066 face=Verdana size=2><B>Natural 
                Gas - Gas Oil - Mazut M 100</B></FONT> </STRONG></TD>
              <TD > <FONT face=Verdana color=#000066 size=2><B>Joint Venture</B></FONT></TD>
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              <TD ><FONT color=#000066><B><FONT face=Verdana color=#000066 
            size=2><strong>Portland Cement</strong></FONT> </B></FONT></TD>
              <TD > <FONT face=Verdana color=#000066 size=2><B>Tourism Finance</B></FONT></TD>
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              <TD > <FONT face=Verdana color=#000066 size=2><B>Steel and Iron</B></FONT></TD>
              <TD > <STRONG><FONT face=Verdana color=#000066 
            size=2>Production Firms Finance</FONT></STRONG></TD>
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              <TD ><FONT face=Verdana color=#000066 size=2><B>Tomato Paste</b></font></TD>
              <TD > <STRONG><FONT face=Verdana color=#000066 
            size=2>Special Finance for East Europe</FONT></STRONG></TD>
            </TR>
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              <TD ><FONT face=Verdana color=#000066 size=2><B>Concentrated fruit 
                juices</b></font></TD>
              <TD > <STRONG><FONT face=Verdana color=#000066 
            size=2>Special Finance for Sudan and Nigeria</FONT></STRONG></TD>
            </TR>
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              <TD ><STRONG><FONT face=Arial color=#0000ff 
            size=2>&nbsp;</FONT></STRONG></TD>
              <TD ><STRONG><FONT face=Arial color=#0000ff 
            size=2>&nbsp;</FONT></STRONG></TD>
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              <TD align="center"> <FONT face=Verdana color=#000066 size=2><B>…and 
                many more!</B></FONT></TD>
              <TD align="center"><a href="http://www.bsnguarantee.com/bsnguarantee/01_circolari/2003/FinancialProject/IRANIAN.htm"><img src="http://www.bsnguarantee.com/bsnguarantee/01_circolari/2003/Varie/iran.jpg" border="0"></a></TD>
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              <TD >&nbsp; </TD>
              <TD ><STRONG><FONT face=Arial color=#0000ff 
            size=2>&nbsp;</FONT></STRONG></TD>
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              <TD  colspan="2" align="center"><a href="http://www.bsnguarantee.com/bsnguarantee/01_circolari/2003/FinancialProject/mortgage.htm"><img src="http://www.bsnguarantee.com/bsnguarantee/01_circolari/2003/Varie/mortgage.gif" border="0"></a></TD>
              
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              <TD >&nbsp; </TD>
              <TD ><STRONG><FONT face=Arial color=#0000ff 
            size=2>&nbsp;</FONT></STRONG></TD>
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              <TD align="center"> <A 
            href="http://www.bsnguarantee.com/bsnguarantee/OFFERTE/2003/marzo/Import-Export/offerENG.htm"><IMG 
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              <TD align="center"> <B><A 
            href="http://www.businessnewoffer.co.uk"><IMG height=30 
            src="http://www.bsnguarantee.com/bsnguarantee/01_circolari/2003/Varie/business.jpg" 
            width=185 border=0></A></B></TD>
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                <br>
        <B><FONT face=Verdana size=2 color="#333333">For more information and&nbsp;further specifications 
        about our commodities and services, you can visit our web sites.</FONT></B> 
        <br><br><FONT size="2" face=Verdana color="#333333"><B>We thank you for your kind attention 
          hoping to be of your assistance for the future.<BR>
          Yours Faithfully,</B><BR>
          </FONT>
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      <TD bgColor="#0099FF"> <B><FONT face=Verdana size=2 COLOR="FFFFFF">Tel.&nbsp;&nbsp;0039 02. 660 45 795 - 612 47 750 - 612 93 729<BR>
        Fax.&nbsp;0039 02. 612 93 727 - 612 97 661<BR>
        Email : </FONT><A href="mailto:info@bsnguarantee.com"><FONT face=Verdana 
      size=2 color="#000066">info@bsnguarantee.com</FONT></A><FONT face=Verdana size=2 COLOR="FFFFFF"> 
        <BR>
        WEB SITE : </FONT><A href="http://WWW.BSNGUARANTEE.COM"><FONT face=Verdana 
      size=2 color="#000066">WWW.BSNGUARANTEE.COM</FONT></A><FONT face=Verdana size=2 COLOR="FFFFFF"> 
        &amp; </FONT><A href="http://WWW.BUSINESSNEWOFFER.co.uk"><FONT face=Verdana 
      size=2 color="#000066">WWW.BUSINESSNEWOFFER.CO.UK</FONT></A></B></TD>
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