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**SALE      - PURCHASE CONTRACT FOR**

**SHARES**

***Made      between:***

**“MEDIA      PRO PICTURES” S.A., **
**its      Director Mr. Adrian Sarbu**
**      in his capacity of Seller**

**and**

**CME      ROMANIA BV**
**its      Directors Mr. Alphons van Spaendonck and Pan Invest BV**
**in      its capacity of Buyer**

**“MEDIA      VISION” SRL**
**company**

|   | I. | **“MEDIA                PRO PICTURES” S.A. sells a number of 50 nominal                shares**,                having a total value of **RON                500**,                having a nominal value of 10 RON / each, numbered from **701**                to                **750**                inclusive, representing contribution in cash subscribed and paid                entirely                in ROL, representing **5                %**                of                the social capital, **to                the buying shareholder CME ROMANIA BV**. |
|--------|----|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | II. | **CME                ROMANIA BV buys a number of 50 nominal shares**,                having a total value of **RON                500**,                having a nominal value of 10 RON / each, numbered from **701**                to                **750**                inclusive, representing contribution in cash subscribed and paid                entirely                in RON, representing **5                %**                of                the social capital, **from                the selling shareholder “MEDIA PRO PICTURES” S.A.**. |
|--------|-----|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | III. | **The                price**                of                the shares is of **USD                443.000**                and will be paid by CME Romania BV, before this sale-purchase is                registered and all the changes are made to the Trade                Register. |
|--------|------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | IV. | The                property of the sold shares is transmitted from the seller to the                buyer                when the entire price is paid according to paragraph III, based on                the                payment made by the seller to the                buyer. |
|--------|-----|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

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**V.      GUARANTEES**

**THE      SELLER**

**THE      BUYER**

***This      sale-purchase contract was drawn up and signed in Bucharest, in 4 original      copies, on 17.02.2006***

| **SELLER**                                              |                                                    | **BUYER**                         |
|---------------------------------------------------------|---------------------------------------------------------|-----------------------------------|
| **“MEDIA                PRO PICTURES” S.A** |                                                    | **CME                ROMANIA BV** |
| **Through                Adrian Sarbu**                 |  **Through                Alphons van Spaendonck** |                              |
|                                                    |                                                    |                              |   |   |
|                                                    |                                                    |                              |   |   |
| /s/              Adrian Sarbu                           |                                                    |                              | /s/              Alphons van Spaendonck |   |
|                                                    |                                                    |                              |   |   |
|                                                    |                                                    |                              |   |   |
|                                                    |                                                    |                              | /s/              Hendrik A. van Wijlen |   |
|                                                    |                                                    |                              | **and                Pan Invest BV** |   |

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