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SYMAC INVESTMENTS LIMITED 28th January 1998. Bank Julius Baer & Co. Ltd., Reply to: PO Box 1100GT New York Branch, Grand Cayman Attention: Mrs. Andrea T. Eloy Cayman Islands. BY FAX AND POST Dear Sirs, Please accept this letter as your authority to transfer US$20,000 from the above account to the account of Mrs. Madrigal at Bank Julius Baer New York. Thank you for your assistance in this matter. Yours faithfully, Symac Investments Ltd. BY: DEBRA HUMPHREYS CHRISTOPHER ROWLANDSON For and on behalf of C.I. Directors Ltd., Director.
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