/TRANSLATION/

RÉCZICZA LAW FIRM
WHITE & CASE
LIMITED LIABILITY PARTNERSHIP

INCORPORATING
FEDDERSEN LAULE EWERWAHN
SCHERZBERG FINKELNBURG CLEMM

Szalag utca 19
1011 Budapest, Hungary

Telephone: (+36-1) 488-5200
Facsimile: (+36-1) 488-5299


29 August 2002

REFERENCE

I hereby certify that P & V International Ltd (address: 1027 Budapest, Bem rkp. 51. tax number: 12497443-2-41) has for several years provided translation services to our company, especially in the English and German languages.

During the year 2000, P & V’s services amounted to HUF 4,000,000, covering the fields of law and commerce.

In preparing translations, P & V International has always observed the deadlines, met the requirements posed and delivered high-standard work.


Dr Zsuzsa Oroszlán
lawyer