Attention:
Investment Bankers, Dealers & Brokers!

Dear Colleague,

On May 31,2001 we announced that this web site was officially open.

FundmoreMerchantBank (FMB) will revolutionize the structuring and delivery of complex financial services, financing instruments and products to the Emerging Markets. For decades, these markets were denied fair and equal access to world capital markets.

Now we are preparing to start the work to complete the First Operational Phase of FMB and the establishment and staffing of our corporate head offices. We estimate that 7-11 months are needed to do the work and that we will require First Funding of US$ 6.9 million.

To raise this First Funding, the officers and directors of Fundmore, acting in the best interest of FMB, elected to sponsor an Online Limited Private Placement Offering (the” Offering”) using the facilities of our web site. The Offering will involve the placement of 6,900,000 (equity) Preferred Common Shares having a nominal value of US$1.00 each.

To further assure the continued independence of FMB and its ability to provide fair and cost-effective merchant banking services to its markets, the officers and directors are hoping that investors and institutions of the Emerging Markets will purchase this issue of equity shares.

FMB acknowledged that it would not become involved in a number of capital market activities such as: Market-making, Bookrunning and underwriting of securities. We therefore wish to invite you to participate, as a Participating Dealer in the placement of these shares. We offer a Shares Allotment arrangement and a generous commission exceeding 5%.

This invitation is extended to Investment Banks, Dealers and Brokers of the emerging markets and to others, who are maintaining branch and subsidiary offices in our designated markets.

Please send your details to: dealer@FundmoreMerchantBank.com
or complete on-line request

THANK YOU FOR VISITING OUR WEB SITE