13/ 9/ 99

Maria Masvidal-Visser
Euro Am Business Group, Corp
& Euro Am Realty

Dear Maria,

I take this opportunity to express our appreciation for your services in the pre-establishment of O. Mustad & Son Latin America, Inc., and also in the process of re-locating our family to Miami.

Your professional service and friendly conduct made the first steps much easier for us and later we have confirmed that some of the major choices turned out to be good ones.

Yours truly,

Christian H. Engh
General Manager