{{{{{{{{{{{{{{{{{{{{{{{{{{{{{{{{{{{{{{{{{{{{{{{{{{{{{{{{{{{{{{{{{{{{{{{{{{{{{{{{
}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}
}{============================================================================}{
}{                                                                            }{
}{                       INCORPORATED UNDER THE LAWS OF                       }{
}{                            THE STATE OF DELAWARE                           }{
}{                                                                            }{
}{                                                                            }{
}{       )-------------(                                   )-------------(    }{
}{       |    NUMBER   |                                   |    SHARES   |    }{
}{       |             |                                   |             |    }{
}{       )-------------(                                   )-------------(    }{
}{                                                                            }{
}{                                                                            }{
}{                                                                            }{
}{                      M o n a c o   G r o u p   I n c .                     }{
}{                                                                            }{
}{                                                                            }{
}{        10,000,000 AUTHORIZED SHARES OF $0.001 PAR VALUE COMMON STOCK       }{
}{                                                                            }{
}{                                                                            }{
}{     This Certifies that                                 is the             }{
}{                        ---------------------------------                   }{
}{                                                                            }{
}{     registered holder of                                Shares             }{
}{                         --------------------------------                   }{
}{                                                                            }{
}{                  Of the Common Stock of Monaco Group Inc.                  }{
}{                                                                            }{
}{     transferable only on the  books of the Corporation by  the  holder     }{
}{     hereof in person or by Attorney upon surrender of this Certificate     }{
}{     properly endorsed.                                                     }{
}{                                                                            }{
}{          In  Witness  Whereof,  the said  Corporation has caused  this     }{
}{     Certificate to be  signed by its duly  authorized officers and its     }{
}{     Corporate Seal to be hereunto affixed.                                 }{
}{                                                                            }{
}{                                                                            }{
}{              this          day               of              A.D. 20       }{
}{                  ----------                    --------------       --     }{
}{                                                                            }{
}{                                                                            }{
}{                                                                            }{
}{     -----------------------------        -----------------------------     }{
}{                         TREASURER                            PRESIDENT     }{
}{                                                                            }{
}{============================================================================}{
{{{{{{{{{{{{{{{{{{{{{{{{{{{{{{{{{{{{{{{{{{{{{{{{{{{{{{{{{{{{{{{{{{{{{{{{{{{{{{{{
}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}

<PAGE>









THE SECURITIES  EVIDENCED BY THIS CERTIFICATE HAVE NOT BEEN REGISTERED  PURSUANT
TO THE SECURITIES ACT OF 1933, AS AMENDED ("SECURITIES ACT"), AND,  ACCORDINGLY,
MAY NOT BE OFFERED OR SOLD WITHIN THE UNITED STATES OR TO, OR FOR THE ACCOUNT OR
BENEFIT OF U.S.  PERSONS,  EXCEPT AS SET FORTH BELOW.  BY HIS OR HER ACQUISITION
HEREOF,  THE HOLDER (1)  REPRESENTS  AND  WARRANTS  THAT HE OR SHE IS NOT A U.S.
PERSON AND IS ACQUIRING THOSE SECURITIES IN AN OFFSHORE TRANSACTION,  (2) AGREES
THAT HE OR SHE WILL NOT  WITHIN ONE YEAR AFTER THE  ORIGINAL  ISSUANCE  OF THOSE
SECURITIES RESELL OR OTHERWISE  TRANSFER THOSE SECURITIES EXCEPT (A) PURSUANT TO
AN EFFECTIVE REGISTRATION STATEMENT PURSUANT TO TIME SECURITIES ACT, (B) OUTSIDE
THE UNITED STATES IN AN OFFSHORE TRANSACTION IN COMPLIANCE WITH REGULATION S, OR
(C) PURSUANT TO ANY OTHER EXEMPTION FROM REGISTRATION PURSUANT TO THE SECURITIES
ACT (IF  AVAILABLE)  AND (3) AGREES  THAT HE OR SHE WILL GIVE TO EACH  PERSON TO
WHOM THOSE  SECURITIES ARE TRANSFERRED A NOTICE  SUBSTANTIALLY  TO THE EFFECT OF
THIS LEGEND. IN CONNECTION WITH ANY TRANSFER OF THOSE SECURITIES WITHIN ONE YEAR
AFTER  ORIGINAL  ISSUANCE OF THOSE  SECURITIES,  THE HOLDER MUST,  PRIOR TO SUCH
TRANSFER,  FURNISH TO THE COMPANY SUCH  CERTIFICATIONS,  LEGAL OPINIONS OR OTHER
INFORMATION AS IT MAY REASONABLY  REQUIRE TO CONFIRM THAT SUCH TRANSFER IS BEING
MADE  PURSUANT  TO AN  EXEMPTION  FROM OR IN A  TRANSACTION  NOT  SUBJECT TO THE
REGISTRATION  REQUIREMENTS  OF THE  SECURITIES  ACT. AS USED  HEREIN,  THE TERMS
"OFFSHORE  TRANSACTION,"  "UNITED  STATES" AND "U.S.  PERSON"  HAVE THE MEANINGS
GIVEN TO THEM BY REGULATION S. THOSE SECURITIES MAY NOT BE HEDGED (SOLD IN SHORT
SELLING  TRANSACTION) EXCEPT IN COMPLIANCE WITH THE PROVISIONS OF THE SECURITIES
ACT.


                 For  Value  Received,      hereby  sell,  assign  and  transfer
                                      -----
          unto
              ------------------------------------------------------------------
                                                                          Shares
          ----------------------------------------------------------------
          represented  by  the  within  Certificate, and  do hereby  irrovocably
          constitute and appoint
                                                                        Attorney
          --------------------------------------------------------------
          to  transfer  the  said  Shares  on  the  books  of the  within  named
          Corporation with full power of substitution in the premises.

                 Dated                  A.D. 20
                      ------------------       --

                      In presence of

                 ---------------------------------------------------------------