CHARTERED CAPITAL ADVISERS, INC.
145 FOURTH AVENUE
NEW YORK, NY 10003
212-505-9743.  212-533-9680 (FAX)

October 27, 1997


Board of Directors
Creative Technologies Corp.
170 53RD Street
Brooklyn, NY 11232

Dear Members of the Board of Directors:

We understand that Creative Technologies Corp. ("CTC") has negotiated a 
merger (the "Merger") with Ace Surgical Supply Co., Inc. ("Ace").  Under the
terms of the proposed merger, Ace would merge with a wholly owned subsidiary 
of CTC and would subsequently become a wholly owned subsidiary of CTC.  The 
shareholders of ACE would receive as consideration (the "Consideration") 
1,000,000 shares of CTC common stock and 3,500 shares of CTC preferred stock 
(the "Preferred Stock").  Both classes of securities will be unregistered and 
will bear a restrictive stock legend. Features of the Preferred Stock would 
include:  (1)stated value of $1,000 per share;  (2) cumulative dividends at 
an annual rate of 12%; and (3) mandatory redemption on the later of October 1, 
2007 or the twenty - year anniversary date of its issuance.   ACE is owned by
the chief executive of CTC and another CTC shareholder, each of whom is the 
beneficial owner of more than 5% of the common stock of CTC.  

You have requested our opinion with respect to the fairness of the 
Consideration to be provided by CTC in the Merger, from a financial point of 
view, to CTC and its shareholders.  Chartered Capital Advisers, Inc. is 
customarily engaged in the valuation of business and their securities in 
connection with mergers and acquisitions, private placements, shareholder
transactions, estate and gift taxes, litigation, and for other purposes.

In connection with rendering our opinion we have, among other things:

(1)  Reviewed the draft of the Plan and Agreement of
Merger by and among CTC, CTC Acquisition Corp., ACE, Barry Septimus, and 
David Guttmann;

(2)  Analyzed financial information with respect to CTC, including but not 
limited to unaudited financial statements as of and for the six months ended 
June 30, 1997, and audited financial statements as of and for the five years
ended December 31, 1996;

(3)  Analyzed financial statements with respect to ACE, including but not 
limited to audited financial statements as of and for the four years ended
December 31, 1996, reviewed financial statements as of and for the year ended
December 31, 1992, and unaudited financial statements as of and for the eight
months ended August 31, 1997;

(4) Analyzed various documents filed by CTC with the Securities and Exchange 
Commission, including the Forms 10-KSB for the four years ending December 31,
1996, and the Form 10-QSB for the two quarters ended June 30, 1997;

(5)  Visited the facilities of CTC and ACE, and held discussions with certain
members of the management of CTC and ACE and their advisers concerning the 
past, current, and planned operations, financial condition, and business
prospects of CTC and ACE;

(6)  Reviewed product brochures, catalogs, and various management reports of 
CTC and ACE detailing financial performance and financial condition during 1997;

(7)  Analyzed historical stock prices of CTC;

(8)  Discussed with the legal advisors of CTC the results of their due 
diligence;

(9)  Considered financial data of CTC and ACE, and have compared that data
with similar data for publicly held companies with investment characteristics
applicable to CTC and ACE;

(10)  Considered financial data of CTC and ACE, and have compared that data 
with similar data for certain business combinations and other transcations 
that have recently been effectuated;  and 

(11)  Considered such other information, financial studies, and analyses as we 
deemed relevant, and performed such analyses, studies, and investigations as 
we deemed appropriate.

Chartered Capital Advisers, Inc. has assumed and relied upon, without 
independent verification, the accuracy and completeness of the information 
reviewed by us.  We have not performed an appraisal of the assets, liabilities,
or intellectual property of CTC or ACE. We have assumed that the Merger will
be completed on a tax-free basis.  We have assumed that the representations of 
management have been made in good faith, and that they reflect the best 
currently available management judgments as to the matters covered.  Our 
opinion is necessarily based upon economic, market, and other conditions as 
in effect on, and the information made available to us as of, the date of this
 letter.  Our opinion is limited to the fairness of the Merger as of the date
 hereof, from a financial point of view.  We make no representations with 
respect to the business decision to undertake the Merger, or any other terms 
of the Merger.  This opinion does not represent our opinion as to the value 
of CTC or ACE as of the dated of this letter.

We understand that in considering the Merger, the Board of Directors of CTC 
may have considered a wide range of financial and nonfinancial factors, many 
of which may be beyond the scope of this letter.  This letter is not intended
to subsitute for the Board's exercise of its own business judgment in 
reviewing the Merger.

Based upon and subject to the foregoing considerations, it is our opinion as
financial advisors that the Consideration to be provided by CTC in the Merger 
is fair from a financial point of view to CTC.

The foregoing opinion is to be used solely for the information and assistance 
of CTC.  Accordingly, it is understood and agreed that no person other than
CTC and its officers and directors shall be allowed to use or rely upon this
opinion.

Very truly yours,
Chartered Capital Advisers, Inc.

Ronald G. Quintero, CPA, CFA, CTP, CIRA
Managing Director