| ** **   ** **   ** **   ** **   ** **   ** **   ** **   ** **   ** **   ** **   ** **   ** **   ** **   ** **   ** **   ** **   ** **   |                                                                                     | **FREESTAR                  TECHNOLOGY CORPORATION**                                                                                                                                            |
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| Date: February                  20, 2007                                                                                                                                                                                                                                                                                                                                                                                                                                          | By:                                                                            | /s/ Paul                  Egan                           |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   | Chief                  Executive Officer(Principal                    Executive Officer) |