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2LETTER OF GUARANTEE

STAR DREAMS

Bredgade 51 DK1260 Copenhagen K Denmark

07 October, 20__

ZAO Rosoborudovanie Russia Moscow Gruzinsky val 13

Dear Sirs,

Contract No. 90-093/67

We hereby certify that the equipment supplied against this order is in accordance with the description, technical conditions and specifications given in the above contract and conforms to our highest standards.

Should the equipment prove to be defective in whole or in part owing to faulty material, workmanship or design, within 18 months of the date of putting it into operation in Russia and not more than 24 months of the date of shipment, we undertake to replace such goods and/or parts thereof free of charge within the minimum possible time and deliver the goods without delay to Moscow. We shall pay the cost of transportation and insurance. The defective goods or parts are to be retained by you not longer than 3 months after receipt of replacement and to be returned to us at our request and expense.

Yours faithfully,

T.White

T.White

Export Manager