Dear Friends,

I hope that this email finds you well.

I wanted to inform you know that I left the company ARP the end of October 2003.

I am very pleased to let you know that I am now working for my own company, WIDE Management.

You will receive our line up for the upcoming markets.

You can already visit our website: www.widemanagement.com

I am looking forward to hearing from you soon.

I wish you a merry Christmas and a happy new year 2004.

With my warmest regards,

Loïc Magneron

_______________________________________

Manager _______________________________________

WIDE Management 42Bis, rue de Lourmel - 75015 Paris T. 331 53 95 04 64 - F. 331 53 95 04 65 Email : wide@widemanagement.com Web : www.widemanagement.com

********************************************************************************************************************************* The information transmitted is intended only for the person or entity to which it is addresses and may contain confidential and/or privileged material. Any review, transmission, dissemination or other use of, or taking of any action in reliance upon, this information by persons or entities other than the intended recipient is prohibited. If you received this in error, please contact the sender and delete the material from any computer. *********************************************************************************************************************************